Future Finance nets €40m Series C to fund more loans
Student lending platform Future Finance has netted €40m in a Series C round to support the funding of more loans.
POS financing solution Paidy secures $143m in funding
Paidy, a point-of-sale financing platform, has collected $143m in a funding round made up of both equity and debt.
Funding Xchange awarded £5m by BCR
Loan platform Funding Xchange has been awarded £5m by BCR as part of the Pool E allocation of the RBS Remedies fund.
Mosaic lands $25m for strategic finance
Strategic finance platform Mosaic has raised $25m in Series B funding in a round led by Founders Fund.
Sweden’s Lendify said to close $115m investment as it preps for European expansion
Digital lending platform Lendify has reportedly closed a $115m investment as it sets its sights on a European expansion.
Archa pulls in $25m to back small business
Australian FinTech Archa has raised $4m in a funding round and $20m in a debt funding facility to accelerate its growth and product offering.
B2B BNPL service Mondu surpasses $43m in its Series A
German buy now, pay later platform Mondu has scored $43m in its Series A funding round, which was led by seasoned FinTech investor Valar Ventures.
DueCource pockets £6.25m to let businesses loan on invoices
UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital.
Starling Bank approved as a coronavirus crisis lender to help UK SMEs “crying out...
The British Business bank has approved UK challenger bank Starling Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).
Student loan platform Funding U raises $14m in debt and equity
Funding U, which helps college students access loans for education, has secured $14m in a debt and equity round.
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