Tag: lending

Microfinance platform Annapurna Finance has reportedly raised $15m in a Series A2 round, to improve access to loans.

B2B buy now, pay later service provider Hokodo has picked up $40m in funding as it looks to expand into new European markets and build new products.

Ghana-based FinTech company Fido has reportedly raised $30m in a Series A round, as well as an undisclosed amount in debt funding.

Swedish buy now pay later (BNPL) unicorn Klarna is reportedly facing a hefty downround, which would put its valuation at a third of its previous.

UK business challenger bank Allica Bank has secured ?55m in fresh funding, just seven months after closing ?110m in its Series B.

Constrafor, an invoice and contract management SaaS platform built for the construction industry, has raised over $100m for its seed round.

India-based NAKAD, a FinTech founded earlier this year, has reportedly collected $7m in seed funding.

European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.

Mexico-based buy now, pay later platform Kontempo has closed its seed round on $30m, with a mixture of debt and equity.

Possible Finance, a FinTech that claims to offer life-changing financial services for underserved consumers, has bagged $20m in equity.