Tag: lending

Amplifi Capital has secured a private securitisation warehouse, with a facility of up to £100m from NatWest to drive the expansion of Reevo Money.

Improving the customer experience has become one of the biggest priorities for financial services. In fact, 63% of firms place customer experience as their number one focus as they try to meet the evolving demands of their customers. Lending is one area of finance where the fight to provide the best customer experience is really heating up. Many have even dubbed it as the next major battlefield.

R2, an embedded lending infrastructure business based in Latin America, has recently closed a $100m warehouse facility.

Indian FinTech company Niro, which offers consumer lending products, has reportedly secured $11m in its Series A funding round.

finova, a cloud-based mortgages and savings software provider, has launched a new product switch functionality within its cloud-first origination platform, Apprivo2.

Prestatech, which offers data collection, risk assessment and integrated finance solutions, has raised €4m in funding.

Lithuania-based SME Finance, a lender to small businesses, has reportedly secured €100m in a credit facility from Fasanara Capital.

Built Technologies, a provider of construction and real estate finance technology, has received strategic funding from Citi.

Finverity, a digital ecosystem for trade and supply chain finance, has secured $5m in a heavily oversubscribed equity funding round.

Filipino FinTech startup Advance, which helps employees get early access to their salary, has raised $16m in its pre-Series A funding round.