Tag: lending

UK-based ethical lender Plend has reportedly raised £40m in a seed funding round, as it looks to put an end to financial exclusion.

Zest AI, which automates underwriting with better lending insights, has closed a growth round on $50m.

Lendbuzz, which claims to be disrupting the car financing market through AI and machine learning, has secured a credit facility on $150m.

Crediclub, a Mexican lending platform, has raised $80m in a recent investment round following a partnership with investor L Catterton. 

Open banking-powered lender Koyo has reportedly raised ?100m in debt and ?5m in its Series A round.

France-based Silvr has raised €130m for its Series A investment round, which will aid its hiring efforts.

Open banking platform Tink warns that traditional lending models are broken and “no longer fit for purpose” in the current economic climate.

Uganda-based digital lending platform Numida has reportedly raised $12.3m in its pre-Series A funding round, which comprised of equity and debt.

BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.

Colombian FinTech company Finaktiva has reportedly raised $25m in a mix of debt and equity.