Funding Societies said to raise $40m despite making staff cuts
Singaporean P2P lending platform Funding Societies has allegedly secured $40m in its Series C, despite the coronavirus forcing it to downsize.
The National Crowdfunding & Fintech Association urges Canada’s government to save FinTechs during the...
The coronavirus has wreaked havoc among the world’s FinTech companies. Now, the National Crowdfunding & Fintech Association (NCFA) has sent an open letter to the Canadian government to help the nation’s FinTech industry.
23 FinTech investment rounds to make the news over the past seven days
Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.
North Capital is enabling PPP loan applications for companies looking to cushion the impact...
Tech and brokerage service provider North Capital believes its financial crime-prevention systems will be perfect for the banks who can process Paycheck Protection Program (PPP) loan applications via its systems.
KoinWorks raises $20m in a debt and equity round
KoinWorks, an Indonesia-based lending platform, has reportedly raised $20m in a funding round comprised of debt and equity.
48 FinTech funding rounds you missed in the last two weeks
The last two weeks have seen everything from huge $1bn investments rounds to undisclosed seed rounds. Let's check some of them out.
Paidy secures yet another Series C extension hot off the heels of its previous...
Paidy, a Japanese point-of-sale financing platform, has reportedly secured $48m in a Series C round, coming just months after its former round.
Splitit boss lashes out against buy now, pay later rivals who ?gauge and profiteerof...
The CEO of payment instalment startup Splitit has warned other buy now, pay later companies against trying to take advantage of vulnerable customers during the COVID-19 crisis.
Starling Bank approved as a coronavirus crisis lender to help UK SMEs “crying out...
The British Business bank has approved UK challenger bank Starling Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).
FCA expects firms to freeze payments and to follow other financial relief measures to...
Last week the UK’s financial market regulator suggested a smattering of relief measures to protect people affected by the coronavirus. Now those measures have snapped into action.