Tag: lending

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.

Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.

The Reserve Bank of India (RBI) has revealed its new guidelines on the digital lending process in a move to protect borrowers.

Justhome, a next generation home financing startup, has collected €3.3m in its pre-seed round.

EarlySalary, which claims to be India’s largest lending FinTech, has bagged $110m for its Series D round, which was led by TPG’s The Rise Fund and Norwest Venture Partners.

Capital on Tap, a credit card for small businesses, has secured a £200m funding facility from JP Morgan and Triple Point.

Finexos, a FinTech aimed at improving access to lending without a credit score, has received a $695,000 funding round, which was led by Growth Capital Ventures.