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.
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