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, 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.
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.
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.
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.