DFI closes $50m, as Finstar looks to boost its presence in APAC
Lending platform Digital Finance International has received a $50m investment from Finstar Financial Group as the firm looks to boost its position in the APAC region.
Student loan provider MPOWER seeks $100m debt financing
Student loan provider MPOWER Financing has launched a $100m debt financing round to help meet its loan application demand.
Swiss SME lender Tradeplus24 secures $100m credit facility
Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.
Chinese regulators crack down on peer-to-peer lending
Chinese authorities are cracking down on the nation booming peer-to-peer lending space with new regulations.
New York-based lender Dwight Funding bags $100m credit facility
Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.
PayZen closes funding to bolster underwriting capabilities of its AI
PayZen, which is on a mission to help patients pay for hospital care in a more manageable way, has secured $15m in its Series A as it gears up its AI development.
Brazil’s Facio said to raise $5m in its seed round
Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.
CreditEnable opens $2 pre-Series A to support next generation of its platform
CreditEnable, an online marketplace for SME loans, is launching a $2m pre-Series A round.
P2P lending platform Finzy closes pre-Series A on $2.3m
India-based P2P lending platform Finzy has raised an additional $1m to its pre-Series A round, bringing its total to $2.3m.
P2P lending platform Celsius closes ICO on $50m
P2P decentralised lending and borrowing platform Celsius has closed its ICO on $50m.