FCA offers new guidance for firms on how to support credit customers affected by...
It's hardly a secret that many people are facing a lot off financial hardship because of the coronavirus. That's why the Financial Conduct Authority (FCA) offered more guidance to credit customers affected by the virus.
Auto repair loan startup DigniFi closes $14m Series A
DigniFi, a AI-powered platform which connects consumers with lenders for auto parts, repairs and services, has raised a $14m Series A led by BuildGroup.
Axiata Digital receives $70m in funding to support the expansion of its digital financial...
Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.
Capital raises $9m in seed round led by AME Cloud Ventures
Fundraising FinTech Capital has closed a $9m seed funding round led by AME Cloud Ventures.
20 FinTech rounds from last week you can’t afford to be unaware of
FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
French digital startup Memo Bank raises ?20m
FinTech Memo Bank has raised ?20m in a Series A round led by BlackFin Capital.
CardWorks and Ally Financial pull the plug on merger because of Covid-19
Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.
Qupital revealed as one of eBay’s recommended financing service providers in Hong Kong
Trade financing platform Qupital has inked a deal with eBay to become one of its officially recommended financing service providers in Hong Kong.
Home loans platform RenoFi said to secure $6.4m in its Series A round
RenoFi, which helps consumers to find home renovation loans, has reportedly secured $6.4m in its Series A funding round.
ScaleFactor forced to shut down operations because of Covid-19 despite having raised over $100m
Bookkeeping and payroll FinTech startup ScaleFactor shuts down operations after raising over $100m in just over a year.