Tag: lending

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

Koto has launched its services after reportedly closing a £1.3m funding round, as it looks to reach 50,000 users in the UK.

Cloud-based consumer credit platform Ibancar has netted €1.65m in its new equity round, which will help it expand across Europe.

TerraMagna, an agriculture FinTech company, has closed its seed round on an undisclosed amount.

Kredivo, a digital credit platform for retail borrowers in Indonesia, has secured up to $100m in a debt facility to facilitate more consumer loans.

Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.

Incuto, which aims to provide everyone with access to affordable finance, has closed a £1.75m funding round.

Open banking and new technologies have made the marketplace lending FinTech market explode. But where will it go from here?

Funding U, which helps college students access loans for education, has secured $14m in a debt and equity round.

FlexiLoans, which provides MSMEs in India with quick access to financing, has reportedly raised 150 crore ($20.1m) in a funding round comprised of both debt and equity.