Marketplace Lending

Finley-raises-$17m-to-transform-the-debt-ecosystem

Finley nags $17m to “bring the debt ecosystem into the 21st century”

Debt capital raise and management solution Finley has raised $17m in Series A funding led by CRV to transform the debt ecosystem.
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Square Capital expands beyond payments customers

Square is expanding its loans offering to small businesses outside of its payments processing ecosystem.

Assetz Capital said to close crowdfunding round on £1.5m

Peer-to-peer lending platform Assetz Capital has reportedly closed its crowdfunding campaign on £1.5m, with half of this coming from the Future Fund.

Invoice factoring solution Factris closes its Series A on €5m

Invoice factoring solution Factris has closed its Series A round on €5m to help it onboard other factoring companies.

Plum picks up funding from hedge fund Elliott Management

Plum, a commercial real estate lending platform, has picked up an undisclosed Series B funding round from hedge fund Elliott Management.

ANZ chief executive lashed out against FInTech lenders for their high interest rates

Australian incumbents are under pressure from new FinTech startups. Now one of the leading bank executives has slammed new FinTech lenders’ interest rates.

Warburg to invest over $220m to help Leumi take bank share of Israel consumer,...

US buyout giant Warburg Pincus has reportedly plans to invest more than $220m to expand its new Israeli credit card portfolio company Leumi over the next five years.
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Small business loan platform Ziploan closes investment from Matrix Partners India

India-based Ziploan, a small ticket business loan provider, has closed a round of funding from Matrix Partners India.
Citi and Viola Credit back Defacto's SME lending with €167m

Citi and Viola Credit back Defacto’s SME lending with €167m

French FinTech firm, Defacto, a leading provider of loans to small and medium-sized enterprises (SMEs) via an API, has recently closed a significant securitisation fund.

OfBusiness collects $3.8m for SME financing platform

OfBusiness, a Guragon, India-based SME financing platform, has raised $3.8m in debt financing from Kotak Mahindra Bank.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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