32 rounds raised in the last week that could add some optimism despite Covid-19
From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.
Estonia’s Montonio reportedly raises €500,000 in pre-seed funding
Estonian FinTech platform Montonio, which lets users compare loans, has reportedly raised €500,000 in pre-seed funding.
AwanTunai scores $20m in new round
Indonesian lending platform AwanTunai has picked up $20m in a new raise led by Accial Capital.
Lendistry and FarmLink receive funding from Comerica Bank
Lendistry, a small business loan platform, has scored a $1.5m investment from Comerica Bank, which will help it increase its loan balance.
Selina Finance bags ?42m in new round to strengthen its loan capabilities for SMEs
SME loan FinTech Selina Finance has raised ?42m in a new round to grow the business.
InCred said to raise Rs 500 Crore ($66.9m) in debt funding
Online lending platform InCred has reportedly bagged RS 500 Crore ($66.9m) in a debt funding line.
Miss these 27 funding rounds at your own peril
From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.
CampusLogic collects $120m in a minority investment from Dragoneer
Student finance support platform CampusLogic has collected $120m in a minority investment from Dragoneer Investment Group.
Working capital solution developer Taulia closes $60m in its new funding round
Working capital technology provider Taulia has secured a $60m investment, which was led by the Ping An Global Voyager Fund.
BoE accused of “setting the UK SME finance sector back several years” by excluding...
FinTechs and other non-bank lenders will not be able to access funding from the Bank of England that would help them deliver emergency loans, which has sparked accusations of the central bank hampering competition.