Tag: lending

Funding Societies, which claims to be Southeast Asia's largest small and medium enterprises (SME) digital financing platform, has secured a $50m credit facility.

BlueTape, which offers buy now, pay later (BNPL) services to the construction industry, has raised $55m in a mix of debt and equity.

Arc, which stylises itself as the future of startup finance, has closed its Series A funding round on $20m.

The number of buy now, pay later (BNPL) users will surpass 900 million by 2027, rising from 360 million in 2022.

Defacto, a credit infrastructure platform, has raised €15m in a funding round, which was led by Northzone.

DigniFi, which helps the automotive industry with simplified loan application processes, has raised funding from Brigade Capital Management.

Brazil-based online credit marketplace FinanZero has closed its fourth round of funding on $4m.

FairPlay, a company seeking to reduce algorithmic bias in lending, has scored $10m in Series A funding.

WebBank will invest up to $250m into digital financial solution developer Avant, as part of a securitisation deal.

Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.