Tag: Digital lending

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

Lendbuzz, an AI-based FinTech company from Boston, MA, announced a significant financial milestone with a new $400m forward flow program secured with Viola Credit, a global alternative asset manager.

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

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

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

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