Tag: Loans

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.

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.

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.

Turno, which offers loans to buy electric vehicles, has launched out of stealth after closing a $3.1m funding round.

Google has reportedly joined the $40m Series C funding round of India-based SME lending business Progcap, which has tripled its valuation to $600m.