Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was co-led by Hong Kong-based private equity firm Golden Brick Capital Management.
The Indian FinTech company Lendingkart has raised $30m in a new investment round, claiming that the total money injected into the business now reaches $143m.
OfBusiness, a Guragon, India-based SME financing platform, has raised $3.8m in debt financing from Kotak Mahindra Bank.
Seed accelerator Y Combinator has just announced its latest batch of startups. And there are some FinTech ventures that piqued our interest.
Rebel, a digital lending platform for consumers in Brazil, has secured $10m in new equity to help build new products.
Online small business lender Spotcap has inked a partnership with New Zealand’s Heartland Bank and secured €14m in funding to expand around the region.
German invoice financing startup Bezahlt has picked up €3.5m in funding through a mixture of equity and debt.
Brace, a digital mortgage-service platform, has secured $10m in its Series A which will help it launch new software services for the lending space.
India-based P2P lending platform Finzy has netted $1.3m in the first round of its pre-Series A funding round.
SME lender iwoca has raised £21m in a Series C round led by Prime Ventures. Funding also comes from existing backers.