Behalf brings in $27m for small business purchasing power
New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
Lendingkart nets $10m debt financing
India-based Lendingkart Finance has reportedly received $10m in debt financing
Nigeria-based Lidya closes $6.9m in Series A to support expansion across Africa
Lidya, an online invoice generation and financing platform, has collected $6.9m in its Series A funding round.
Softbank taps mammoth Vision Fund for $800m Greensill investment
Softbank has tapped its mammoth Vision Fund to back business financing provider Greensill with $800m. The company, which counts former UK Prime Minister David Cameron...
BlueVine raises $102.5m in new Series F funding round
SME financing and banking services scaleup BlueVine has raised a huge $102.5m Series F round led by ION Crossover Partners, the venture capital firm.
Funding Options adopts open banking solutions even though the industry has far from adopted...
From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.
FinTech startup Lupiya bags $1m to fund the rollout of its financial inclusion tools...
Seven out of ten people in Zambia do not have access to formal financial services, but Lupiya hopes to change that on the back of a new $1m investment from Enygma Ventures.
Outfund collects £37m in late seed investment
Fuel Ventures has led a £37m late seed investment round for Outfund, the startup helping online business scale without giving away equity.
MAS launches RegTech and digital schemes, commits S$42m to boost adoption
The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.
Challenger bank lending continues to climb with 11% uptick in 2020
Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.
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