Tag: Loans

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.

Microfinance platform Annapurna Finance has reportedly raised $15m in a Series A2 round, to improve access to loans.

Swedish buy now pay later (BNPL) unicorn Klarna is reportedly facing a hefty downround, which would put its valuation at a third of its previous.

UK business challenger bank Allica Bank has secured ?55m in fresh funding, just seven months after closing ?110m in its Series B.

MarketFinance, which working capital offers UK SMES, has received a £100m debt line from Deutsche Bank to help more SMEs access working capital.