Tag: POS Lending

Global WealthTech funding in Q3 dropped by 7% QoQ as investors...

Key Global WealthTech investment stats in Q3 2024: Global WealthTech funding dropped by 7% QoQ during the third quarter Deals under $100m increased by...

Leanpay clinches €10m in Series B to expand BNPL services in...

Leanpay, a trailblazer in the Buy Now Pay Later (BNPL) and Point-of-Sale (POS) lending sector, has announced the completion of a €10m Series B funding round.

Artis Technologies nets $7m in Series A funding

Real-time lending and payment software provider Artis Technologies has bagged $7m in its Series A funding round.

Klarna rival Zilch raises $30m to support its continued growth

Zilch, a London-based FinTech pegged to be the rival to Klarna, has closed an additional $30m in funding to close an oversubscribed pre-Series B in under three weeks.

Credit platform Koto said to raise £1.3m in its funding round

Koto has launched its services after reportedly closing a £1.3m funding round, as it looks to reach 50,000 users in the UK.

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.

Fly Now Pay Later said to raise £35m in round made...

Flexible payment solution Fly Now Pay Later has reportedly secured £35m in a funding round which was comprised of both debt and equity.

Two-thirds of UK millennials are now using buy now, pay later...

Two-thirds (67%) of UK millennials are using point-of-sale credit finance services, as appetite for the payment method increases across all age-ranges.

California’s DOB halts lending capabilities of Sezzle after deeming illegal activity

The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.

Instant Credit acquired by venture capital unit of Banco Sabadell

Online consumer financing platform Instant Credit has been acquired by InnoCells, the digital ventures department for Spain-based Banco Sabadell. This strategic acquisition was made to...

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