Marketplace Lending

Payhippo’s second funding round in 2021 to help it reinforce its position in Nigerian...

Nigeria-based lending platform Payhippo has reportedly collected $3m in its seed funding round, as it looks to scale its team to support growth.
Setscale revolutionises purchase order financing for SMBs with $9.5m raise

Setscale revolutionises purchase order financing for SMBs with $9.5m raise

Setscale, a FinTech startup aiming to revolutionise purchase order financing for small and medium-sized businesses (SMBs), has announced raising $9.5m in seed funding and securing up to $70m in debt.
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More good news for lending as Upstart nabs $32.5m Series D

In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.

Prosper secures $50m Series G from FinEX Asia

Marketplace lending platform Prosper has secured a $50m Series G investment from a fund co-managed by FinEX Asia.

NeoGrowth secures $47m in round led by LeapFrog

Digital lending platform NeoGrowth has secured RS 300 Crores ($47m) in an equity round led by LeapFrog.

Online loan platform LendingPoint secures $125m preferred equity from Warburg Pincus

Online loan platform LendingPoint has secured a $125m preferred equity investment from private equity firm Warburg Pincus.
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Auto financer Chedai grabs $52m Series B

Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital.
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Student loan repayment assistant Tuition.io rakes in $7m Series B round

Student loan repayment assistant Tuition.io has raked in $7m in its Series B round led by Wildcat Venture Partners.

Invoice financing solution Sonovate bags £110m in funding

Sonovate, which provides invoice finance to the recruitment industry, has scored £110m in funding.

Credit platform Koto said to raise £1.3m in its funding round

Koto has launched its services after reportedly closing a £1.3m funding round, as it looks to reach 50,000 users in the UK.

News Stories

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.

Staggering $1bn Wiz deal headlines this week’s FinTech funding rounds

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.
Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group, a leading multinational bank, has partnered with Mastercard, a global technology company in the payment industry, to facilitate cross-border payments for African businesses and consumers.
Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo & Company today announced the introduction of the Signify Business Cash World Elite Mastercard, a new business credit card featuring top-tier cash rewards.
Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum, a leader in next-generation core banking services, has teamed up with TransactionLink, which helps automate and orchestrate KYB/KYC processes.
Basware expands financial sccuracy with AP matching acquisition

Basware expands financial sccuracy with AP matching acquisition

Basware, a pioneering entity in AP automation and invoice processing, has recently acquired AP Matching, enhancing its position in the financial technology landscape.

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