Flexiti picks up another $80m in debt financing from Credit Suisse

Flexiti, a POS consumer financing solution, has received an $80m mezzanine debt facility from Credit Suisse Asset Management.

SME factoring solution Factris closes round on €1.5m

Digital invoice financing solution for SMEs Factris has closed its initial investment round on €1.5m.

Online loans platform MyMoneyMantra collects $15m invesment

MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.

Stripe releases new financing service for internet businesses

Payments processor Stripe has released a new service aimed at improving the access to capital for internet businesses.

Brazilian FinTech Cora raises $10m

Tech-powered SME lender Cora has bagged $10m to support its growth.

Kabbage furloughs a “significant number” of employees because of the coronavirus

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.

TruNarrative to provide B-North with compliance and onboarding services

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 expands its Visa card issuance service in Europe

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.

How can RegTech companies ensure their use of AI is done in an ethical...

Many RegTech ventures use artificial intelligence, but when they do it is essential that they do so in an ethical way.

Finiata said to raise €7m in its funding round

Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

Download the free AIFinTech100 report


Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week