Tag: lending

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.  

B2B software-as-a-service company TurnKey Lender has closed a funding round on $10m.

Decentralised lending platform Morpho has raised $18m from a funding round headed by a16z Crypto and Variant.

PropTech platform Oper, which enables digital mortgages, has collected €11m in its Series A funding round.

Digital personal finance company Freedom Financial Network has closed a securitisation of $323m in rated notes backed by FreedomPlus personal loans.

India-based FinTech GetVantage has reportedly scored $36m in a growth round led by Varanium Nexgen Fintech Fund and DMI Sparkle Fund.

Ophelos, which leverages AI to improve the debt resolution process, has reportedly collected £5m in its seed round.

 UK-based buy now, pay later (BNPL) unicorn Zilch has raked in an additional $50m for its Series C round, bringing the round’s total to $160m.