Lendio picks up $20m round after lending grows 93%
Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.
CreditMate scores half a million for vehicle financing
Indian lending startup CreditMate has raised $500,000 from early-stage investor India Quotient. The Mumbai-based startup focuses on financing users against used two-wheeled vehicles.
Invoice financing startup KredX secures $6.25m
Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate.
Lendingkart acqui-hires personal loans startup KountMoney
Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.
Bezahlt picks up ?3.5m for invoice financing
German invoice financing startup Bezahlt has picked up ?3.5m in funding through a mixture of equity and debt.
Finrise banks $5.4m for healthcare financing
Healthcare financing platform Finrise has raised $5.4m in a debt and equity seed round. The funding was led by Mayfield with NFX Guild, WTI Holdings and angel investors also investing.
South Korean insurer buys 4.1% stake in lending Club for $66m
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.
First Circle pockets $1.2m for SME lending in South-East Asia
South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.
Affirm nabs $100m credit facility from Morgan Stanley
Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.
Klarna expands retailer financing with e-commerce partnerships
Swedish payments service Klarna is expanding its retailer financing offering through a new wave of UK partnerships with a e-commerce brands including Shopify, Worldpay, BigCommerce and CyberSource.
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