Customers left “gutted” and in tears after neobank Tide halts Bounce Back Loans to...
UK challenger bank Tide has frozen the issuing of Bounce Back Loans for small businesses after its funding efforts fell through, leaving customers crestfallen and in tears.
LendingUSA picks up $200m to keep expanding its business
Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.
30 FinTech rounds from last week you cannot afford to miss
What do the 30 FinTech funding rounds from last week tell us about the state of the industry?
Valon scores $50m in its Series A round
Valon, which aims to make the mortgage process easier and more transparent, has collected $50m in its Series A round.
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.
nesto eyes staff, tech expansion following $76m Series B raise
Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.
FinTechs use market alliances to offer leading savings products, research finds
Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.
Swedish FinTech Juni closes second funding round this year
Juni, a financial companion for e-commerce platforms, has secured $52m in funding hot off the heels from its Series A, which closed on $21m...
Lender DMI Finance snaps up $47m in funding
Indian lending firm DMI Finance has reeled in $47m in equity investment from new investor Sumitomo Mitsui Trust Bank.
Lending platform for immigrants Stilt scores Series A
Stilt, a financial services platform for immigrants, has bagged $14m for its Series A round, alongside the general launch of its new product.
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