Marketplace Lending

ElGameya secures six-figure investment to support development of group lending solution

Group lending app ElGameya has reportedly bagged six-figure pre-seed investment from an angel syndicate.
Agrolend-raises-$27m-series-B-to-increase-lending-to-farmers

Brazil’s Agrolend secures $27m to support farmers

Agrolend, a Brazil-based financial institution focused on serving farmers, has raised $27m in Series B funding.

The Money Club said to close its seed round

The Money Club, which helps users to save, invest and borrow, has reportedly raised its seed funding round.
Kashable's innovative financial platform attracts $25.6m in Series B funding

Kashable’s innovative financial platform attracts $25.6m in Series B funding

Kashable, a pioneering FinTech company based in New York City, has successfully concluded a significant Series B funding round, securing $25.6m. The investment round was...

Auto loan provider Finova Financial bags $102.5m in equity and debt line

Auto loan provider Finova Financial has bagged a $102.5m equity and credit facility.
Peruvian FinTech Leasy secures $28m in Series A funding to fuel expansion

Peruvian FinTech Leasy secures $28m in Series A funding to fuel expansion

Leasy, a Peruvian FinTech, has successfully raised $28m in a Series A round that combines both equity and debt financing.

AlphaCredit scores $125m in its latest funding round

AlphaCredit, a consumer lending platform for Mexico and Colombia, has secured $125m in its latest round.

Online lender Proplend closes Series A

Online lender Proplend has closed its Series A funding round which was completed by London-based Merchant Bank Salamanca Group.
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MS Finance said to raise $99m in Series C round

Online credit provider MS Finance has reportedly bagged $99.9m in its Series C funding round.

Fronted said to close £1m in its funding round

Fronted, which enables renters to pay their rental deposit in monthly chunks rather than one lump sum, has reportedly bagged £1m in funding.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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