Flexiti, a POS consumer financing solution, has received an $80m mezzanine debt facility from Credit Suisse Asset Management.
Digital invoice financing solution for SMEs Factris has closed its initial investment round on €1.5m.
MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.
Payments processor Stripe has released a new service aimed at improving the access to capital for internet businesses.
Tech-powered SME lender Cora has bagged $10m to support its growth.
SoftBank-backed FinTech Kabbage has furloughed a “significant number” of its 500 US employees as it becomes the latest company to suffer from the global COVID-19 pandemic.
B-North, the SME lender, has tapped RegTech provider TruNarrative to get access to its solutions for onboarding and compliance services, according to several reports.
Nium is set to go global. Barely a month after it became a Visa card issuer in Australia, it has now taken the same partnership to Europe.
Many RegTech ventures use artificial intelligence, but when they do it is essential that they do so in an ethical way.
Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.