Tag: lending
4-month-old FinTech NAKAD closes $7m investment
India-based NAKAD, a FinTech founded earlier this year, has reportedly collected $7m in seed funding.
Klarna could face $30bn down round
European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.
Mexican BNPL solution Kontempo closes $30m seed round
Mexico-based buy now, pay later platform Kontempo has closed its seed round on $30m, with a mixture of debt and equity.
Possible Finance bags $20m alongside pair of new lending products
Possible Finance, a FinTech that claims to offer life-changing financial services for underserved consumers, has bagged $20m in equity.
New York-based lender Dwight Funding bags $100m credit facility
Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.
Why the gap between payments and lending is closing
Recent work by Currencycloud has suggested that the gap in differences between traditional lending and payments is narrowing.
ArK Kapital bags €165m in seed capital
ArK Kapital, which stylises itself as a precision financing company, has reportedly collected €165m in seed funding.
Oxyzo Financial Services collects $200m in its Series A
Oxyzo Financial Services, a smart financing solution provider, has raised $200m in its Series A funding round.
BNPL platform ChargeAfter scores Series B round
ChargeAfter, a buy now pay later solution, has collected $44m in its Series B funding round.
Oakbrook Finance scores ?142m for lending platform
Consumer lending platform Oakbrook Finance has collected ?142m in funding from JP Morgan and Atalaya Capital Management.