Kreditbee raises $70m in a Series C round to boost consumer financing in rural...
Bangalore, India-based FinTech lender Kreditbee banked $70m in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.
SoftBank-backed True Balance secures $10m debt capital
True Balance scored $10m in debt funding for its non banking financial firm, True Credits.
IndiaLends said to raise $5.1m investment
IndiaLends, a digital credit scoring and analytics platform, has reportedly raised $5.1m in a fresh investment round.
Zopa closes £20m in new fundraise a year after launching its banking services
Challenger bank Zopa raised a £20m round led by IAG Silverstripe to help the firm further expand its footprint.
Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
Nigerian neobank Kuda raises a $25m Series A funding round
Nigeria-based challenger bank Kuda Bank hauled in a $25m Series A round to boost its banking services for Africans.
MODIFI receives $60m debt facility to support move into the US
MODIFI, which claims to solve global trade finance for small and medium businesses, has received a $60m debt facility with Silicon Valley Bank.
Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds last week
Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.
Online lending platform Indifi said to receive $5m in debt financing
India-based business lending platform Indifi has reportedly collected $5m in debt financing from IndusInd Bank.
Loan crowdfunding platform Honeycomb Credit hits $1.75m close for its seed round
Honeycomb Credit, which claims to be the first of its kind loan crowdfunding platform, has scored $1.75m in its seed round.
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