Tag: consumer finance

Sunbit partners with J.P. Morgan for a $355m debt facility

Sunbit, a prominent player in the FinTech sector, has successfully closed a $355m debt warehouse facility.

Global WealthTech funding in Q3 dropped by 7% QoQ as investors...

Key Global WealthTech investment stats in Q3 2024: Global WealthTech funding dropped by 7% QoQ during the third quarter Deals under $100m increased by...

Marqeta unveils innovative ‘Buy Now, Pay Later’ solution with Marqeta Flex

Marqeta, a leader in modern card issuing and embedded finance solutions, has launched its latest innovation, Marqeta Flex.

RBA reviews card payment regulations to ease merchant costs

The RBA is undertaking a significant Review into Retail Payments Regulation, aimed at evaluating the costs that merchants endure when accepting card payments and the existing surcharging framework.

MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion, recognised as a pioneering digital ecosystem for consumer finance, today announced a pivotal partnership with Nova Credit, a leader in credit infrastructure and analytics.

Digital lender Axio boosts operations with $20m investment from Amazon’s fund

Axio, formerly known as Capital Float, has announced a significant boost in funding, securing $20m from the Amazon Smbhav Venture Fund.

Tekmetric and Affirm enhance auto repairs with innovative payment solutions

Tekmetric, a leading provider of automotive repair shop management solutions, and Affirm, the payment network revolutionising consumer and merchant empowerment, have announced an expansion of their partnership.

Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings, known as a trailblazer in the FinTech sector, recently announced a significant expansion to its syndicated credit facility.

Digitt secures $50m from CoVenture to aid prime borrowers

Digitt, a pioneering FinTech based in Mexico, has just secured a substantial $50m debt facility with New York's CoVenture Management.

Singapore’s Heymax.ai raises $2.6m, advancing open loop loyalty platforms

Heymax.ai, a pioneering open loop loyalty platform based in Singapore, has recently completed a significant seed funding round, securing US$2.6m.

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