Tag: underserved communities

Yendo raises $50m to expand its AI credit platform

Yendo, a FinTech company behind the first-ever vehicle-secured credit card, has raised $50m in a Series B funding round to accelerate its expansion into...

Wireless technology company SurgePays raises $7m to fuel nationwide expansion

SurgePays, a wireless and FinTech firm delivering mobile and financial services to underserved communities, has announced a $7m senior secured convertible note agreement with a current institutional shareholder.

FinVolution receives $47.5m boost from Maya Bank

FinVolution Group, a trailblazer in the FinTech industry, announced a significant development in its Philippines operations.

Neobank PoetrYY launches with Mbanq to provide digital finance solutions

PoetrYY Finance has launched with the aim of transforming the banking landscape for underserved communities, startups, small businesses, and individuals.

Crediverso clinches $3.5m to democratise legal access for underserved groups

Crediverso, the bilingual consumer tech platform focusing on providing financial and educational resources to overlooked communities, today disclosed the receipt of an impressive $3.5m in a pre-series A investment round.

Digital transformation giant Orion collaborates with Cebuana Bank, plans to tap...

Orion Innovation (Orion), a front-running digital transformation and product development service company, has proudly unveiled a strategic alliance with Cebuana Lhuillier Bank, a prominent Philippines-based bank.

Triple Point fuels Marshmallow’s mission with £15m revolving credit facility

Marshmallow, an InsurTech company that strives to make motor insurance accessible to underrepresented sectors, has secured a £15m three-year revolving credit facility from Triple Point Private Credit.

Greenwood acquires mobile banking platform Kinly

Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.

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