Scalapay closes $48m investment continuing the recent surge of activity for buy now, pay...
Buy now and pay later solution provider Scalapay has scored $48m in a seed round of funding, continuing the recent surge of funding for these types of FinTechs.
Auto loan refinancer Caribou joins unicorn club
Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.
Creditspring raises £2m funding, as it prepares for launch
UK-based personal finance platform Creditspring has raised £2m in its funding round led by BDT Capital’s Chip Dunn leading the investment.
Fintern scores £32m in a mix of debt and equity
Fintern, an online loans platform, has scored £32m in a mixture of equity and debt funding.
Arex secures €8.8m Series A to speed up UK, Spain rollout
Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.
Yongqianbao nabs $67m for micro lending app
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.
South Africa-based Moove raises funding to grow auto financing service
Moove, which stylises itself as the world’s first mobility FinTech company, has collected $20m in funding from Absa Corporate and Investment Banking.
Salaryo secures $5.8m in new round aimed at protecting SMEs struggling from Covid-19
Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.
Google joins $40m round of India-based Progcap
Google has reportedly joined the $40m Series C funding round of India-based SME lending business Progcap, which has tripled its valuation to $600m.
ipaymy said to raise $1m seed round
Singapore-based credit card solution ipaymy has reportedly netted $1m in its seed round.