Marketplace Lending

Smartphone financing platform PayJoy closes $6m investment

Smartphone financing platform PayJoy has closed its latest funding on $6m, which will help the company further expand internationally.

First Circle bags $1.3m to bring SME lending to South-East Asia

South-East Asian SME lender First Circle has raised $1.3m in a new round from Accion Venture Lab and Deep Blue Ventures.
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Unilend swipes €2.5m for crowdlending platform

French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management.

Asaak lands funding to support gig workers in Africa

Uganda-based asset financing startup Asaak has raised $30m in pre-Series A equity and debt funding, a report from TechCrunch has revealed.

India-based Eduvanz said to collect $10m debt funding

India-based FinTech platform Eduvanz has reportedly netted $10m in debt funding to support its rapid growth over the past year.

Splitit boss lashes out against buy now, pay later rivals who ?gauge and profiteerof...

The CEO of payment instalment startup Splitit has warned other buy now, pay later companies against trying to take advantage of vulnerable customers during the COVID-19 crisis.

FreightRover secures $500m credit facility from Crayhill

Supply chain financing company FreightRover has secured a new $500m credit facility to support factoring capabilities.
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AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, is rebranding and will be known as AXA Venture Partners.

Lendingkart Finance said to bag $24.9m in debt, equity financing

India-based Lendingkart Finance has reportedly secured a $24.9m from a mix of debt and equity.
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China-based Dashu Finance has picked up a $115m Series C

China-based small and micro loan provider Dashu Finance has picked up a $115m in its Series C funding round.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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