PNC & TCW forge new path in private credit solutions
The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing
Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas.
Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India
Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.
Lithuanian FinTech Softloans secures €1m to enhance SME lending capabilities
Softloans, a promising FinTech startup based in Vilnius, has successfully raised €1m in a pre-seed funding round.
Clearstream invests in Digital Vault Services, enhancing digital infrastructure for bank guarantees
Digital Vault Services (DVS), a trailblazing FinTech known for its issuance and safekeeping services for digital bank guarantees and sureties, has announced an upcoming investment from Clearstream, a key component of Deutsche Börse's post-trade business.
Embedded FinTech Parafin boosts infrastructure with $125m warehouse facility
Parafin, a full-stack embedded financial services company, has successfully secured a $125m warehouse facility.
Digital lending leader KreditBee boosts Series D with $9.4m, eyes expansion
KreditBee, a leading digital lending platform, has recently announced a successful $9.4m extension to its Series D funding round.
Instant loan provider Yenmo raises $500,000 from Y Combinator to revolutionise lending in India
Yenmo, a FinTech startup providing instant loans against mutual funds, has successfully completed its latest funding round, securing $500,000 from the Silicon Valley-based startup accelerator, Y Combinator, according to a report from Business Standard.
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.
Czech FinTech Flowpay raises €2.1m in seed funding to revolutionise SME lending
Flowpay, a pioneering Czech FinTech firm, has recently announced a successful €2.1m seed funding round.