Tag: lending

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.

Funding Societies, which claims to be Southeast Asia's largest small and medium enterprises (SME) digital financing platform, has secured a $50m credit facility.

BlueTape, which offers buy now, pay later (BNPL) services to the construction industry, has raised $55m in a mix of debt and equity.

Arc, which stylises itself as the future of startup finance, has closed its Series A funding round on $20m.

The number of buy now, pay later (BNPL) users will surpass 900 million by 2027, rising from 360 million in 2022.