Two-thirds of UK millennials are now using buy now, pay later schemes
Two-thirds (67%) of UK millennials are using point-of-sale credit finance services, as appetite for the payment method increases across all age-ranges.
AlphaCredit scores $125m in its latest funding round
AlphaCredit, a consumer lending platform for Mexico and Colombia, has secured $125m in its latest round.
Liberis closes first institutional investment as it eyes EU and US expansion
Liberis, a small business lending platform, has collected £32m in funding as it looks to boost growth in the US and Europe.
SteadyPay has secured £2.9m in funding as it looks to reach 5,000 customers
SteadyPay, an app which helps freelancers access short-term loans, has reportedly secured £2.9m in equity and debt funding.
TONIK has selected the Finastra to power its banking infrastructure
Digital bank TONIK has picked Finastra’s Fusion Essence for its end-to-end core banking capabilities.
Qonto closes $115m Series C round
French challenger bank Qonto has closed a new investment round to boost its customer numbers, but not like you may think.
Shopify launches starter loans for budding online merchants
The Canadian e-commerce company Shopify has announced that it wants to help SMEs trade things on the web by launching starter loans.
Lending startup Klub said to raise pre-seed funding whilst in sealth mode
Klub, a growth capital platform currently in stealth, has reportedly closed a $2m pre-seed funding round.
Fusion Microfinance said to raise $70.6m in funding round
Fusion Microfinance, an India-based micro lending platform, has reportedly raised INR 500 Crore ($70.6m) in its latest funding round.
PayU buys controlling stake in FinTech PaySense at a $185m valuation
Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...
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