Lucky closes largest Series A of any Egyptian FinTech
Egypt-based credit app Lucky has scored $25m in a Series A round, which it claims is the largest of its type raised by a FinTech in the country.
Qupital pulls in equity and securitisation facility to bring credit options to SMEs
Qupital, which hopes to become the go-to digital financial institution for e-commerce sellers, has secured $150m in a combination of Series B funding round and a receivables-backed securitisation facility.
Facebook teams up with Indifi to offer loans to small businesses in India
Facebook has partnered with an Indian online lending firm Indifi to help provide loans to small domestic businesses, as part of a push to bring more businesses to advertise on its platform.
Brace looks to build new software after funding round
Brace, a digital mortgage-service platform, has secured $10m in its Series A which will help it launch new software services for the lending space.
CarSaver and CUNA team up for auto finance solution
CUNA Mutual Group, a broad financial services provider, and CarSaver, an automotive e-commerce marketplace and FinTech platform, have partnered to launch the industry's first online marketplace and FinTech e-commerce platform for credit unions.
Egypt’s Agel raises substantial pre-seed funding
Agel, a pioneer in Egypt’s FinTech landscape, is the nation's first and only provider of Sharia-compliant financial solutions.
Salaryo secures $5.8m in new round aimed at protecting SMEs struggling from Covid-19
Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.
LatAm’s Xepelin reels in $230m in debt equity from Kaszek and Tiger Global, Clara...
Chilean FinTech that provides an online financial services platform for SMBs Xepelin raised $30m in equity and $200m in credit facilities led by Kaszek Ventures with participation from DST Global.
PropTech startup Oper scores €11m in its Series A
PropTech platform Oper, which enables digital mortgages, has collected €11m in its Series A funding round.
31 FinTech rounds from the past seven days you cannot afford to miss
From cybersecurity startups to challenger banks, let's take a deep dive into the FinTech companies raising money over the past week.