Tag: Digital lending

Amount gains $30m boost for expanding digital solutions in banking sector

Amount, a leading digital origination and decisioning SaaS platform, has successfully closed a $30m equity capital raise.

Qardy’s lending platform for MSMEs attracts significant pre-seed capital

Qardy, the first digital lending marketplace in Egypt and the MENA region, has successfully closed a seven-figure pre-seed investment round.

Strategic digital upgrades at OBOS Bank through Tietoevry partnership

OBOS Bank has teamed up with Tietoevry Banking to launch an innovative digital lending process, setting a new standard in efficiency and customer service in the financial sector.

GXS Bank secures S$229.5m in new funding from Singtel and Grab

GXS Bank, a prominent digital banking entity, has reportedly received a S$229.5m ($169m) capital injection from notable backers Singtel and Grab, according to a report from Tech in Asia. 

TrueLayer & Jaja Finance Partner

TrueLayer, Europe's leading open banking payments network, has formed a strategic partnership with Jaja Finance, a digital lender known for its innovative financial solutions.

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line. 

Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing

Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas. 

Digital lending leader KreditBee boosts Series D with $9.4m, eyes expansion

KreditBee, a leading digital lending platform, has recently announced a successful $9.4m extension to its Series D funding round.

DMI Group acquires ZestMoney in fire sale

The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.

Scienaptic AI and DigiFi revolutionise credit lending with AI integration

Scienaptic AI, a provider of AI-powered credit decisioning, has announced a strategic integration partnership with DigiFi, a leader in automated digital lending solutions.

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