P2P loan platform Flender said to raise €75m in funding
Ireland-based P2P lender Flender has reportedly secured a €75m investment to increase its lending capabilities, according to a report from the Irish Times.
Novus to launch beta banking app as it prepares for summer roll-out
UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.
Indifi pulls in $10m for data-driven MSME lending
Indifi Technologies has raised $10m in a new round of funding led by Omidyar Network. The New Delhi-based company aims to help MSMEs to secure loans.
OfBusiness collects $3.8m for SME financing platform
OfBusiness, a Guragon, India-based SME financing platform, has raised $3.8m in debt financing from Kotak Mahindra Bank.
Digital lender SMEcorner reportedly bags $30m in its Series A
SMEcorner, a digital lending business, has reportedly raised $30m in its Series B funding round which was led by Paragon Partners.
Currencycloud highlights the rise and evolution of invoice finance
Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.
Korea Credit Data bags $24.7m to serve SMEs
Korea Credit Data (KCD), which provides business management services to self-employed and small business owners nationwide, has raised $24.7m in an extension of its Series D round.
Kreditech picks up $10.4m from Rakuten
Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.
Stone Point Capital exits Access Point Financial in $350m+ deal
Stone Point Capital has exited lending platform Access Point Financial to WCP Investments, in a deal worth over $350m.
FinTech investor Third Prime looks to almost triple AUM with Fund II raise
Seed and Series A-stage venture capital house Third Prime is back in the fundraising market eyeing up to $60m for its second vehicle.