Tag: Loans

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.

Muse Finance, which offers small business loans, has received a $20m debt facility to help it support customers.

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.

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.

Founderpath, which helps businesses get access to short-term cash, has reportedly raised $145m in a mix of debt and equity.

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

DigniFi, which helps the automotive industry with simplified loan application processes, has raised funding from Brigade Capital Management.

Brazil-based online credit marketplace FinanZero has closed its fourth round of funding on $4m.