PayPal co-founder Max Levchin’s new company Affirm is apparently raising $1.5bn
The company may have raised a massive $300m Series F round in April, but it seems as if Affirm is reportedly looking to fill its coffers with another $1.5bn.
The Swedish Financial Supervisory Authority grants neobank Northmill Swedish banking licence
Having nabbed a Swedish banking licence, neobank Nortmill is gearing up to add saving accounts, cards and payments transfer to its existing customer offering in the near future.
How Carbon overcame the challenges of setting up a FinTech startup to support Nigeria’s...
Nigeria is at the centre of Africa’s FinTech revolution. Native Carbon aims to play a pivotal role in creating a thriving ecosystem where men and women have access to financial services.
Cerberus Capital Management aquires SME loan provider Axsesstoday
Cerberus Capital Management has acquired a majority-stake in equipment finance solution provider Axsesstoday.
Not everyone is happy about Uber possibly looking to expand its FinTech portfolio with...
Ride-hailing unicorn Uber has reportedly begun to survey its drivers about an upcoming “new financial product” to help them with their finances.
Invoice financing solution Sonovate bags £110m in funding
Sonovate, which provides invoice finance to the recruitment industry, has scored £110m in funding.
PayBright collects $34m in another financing round
PayBright, a lending and payments provider in Canada, has collected $34m in growth equity financing.
Goldman Sachs is betting on another Latin American FinTech startup: Konfio
Konfio is the name of the Mexican FinTech startup that just secured a credit facility of as much as $100m from Goldman Sachs.
Capcito Finance secures $7.6m to support international growth
Capcito Finance, a Swedish FinTech which automates loans and financing to businesses, has secured SEK 74m ($7.6m) in funding.
How pay-access apps can ensure compliance as US regulators crack down on the sector
Regulators across several US states are scrutinizing apps that enable employees to access salaries before their pay days.
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