Marketplace Lending

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.
fintech-news

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.
fintech insurtech wealthtech regtech ai cybertech esg news

ipaymy said to raise $1m seed round

Singapore-based credit card solution ipaymy has reportedly netted $1m in its seed round.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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