Kenyan FinTech Pezesha reportedly bags seed funding
Kenya-based P2P lending platform Pezesha has reportedly received an undisclosed strategic seed round of funding.
Fundbox secures more than $300m in debt and equity round
Fundbox, a B2B payments and credit network, has raised $176m in its Series C growth equity round and a $150m credit facility.
Finova racks up $52.5m in VC-backed financing round
FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.
South Korean insurer buys 4.1% stake in lending Club for $66m
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.
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.
SoFi in Technisys take-over for $1.1bn
SoFi Technologies is buying banking-software maker Technisys for approximately $1.1bn, the latest in a string of deals designed to transform the lender into a one-stop financial shop.
Blend hits $3.3bn valuation nearly doubling in five months
Digital lending platform Blend has scored $300m in its Series G round, helping to nearly double its valuation to $3.3bn in just five months.
Brighte said to collect $20m debt facility from National Australia Bank
Brighte, an online lending platform for home energy improvements, has reportedly secured a $20m debt facility.
Lendified closes $60m credit facility from ClearFlow
Canada-based small business loan provider Lendified has closed a $60m credit facility from ClearFlow.
Mintos nets €5m in its Series A to support creation of IBAN accounts and...
P2P lending marketplace Mintos has pulled in €5m for its Series A round, which will help provide its customers with personal IBAN accounts and debit cards.
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