Agriculture FinTech startup TerraMagna has raised its seed round

TerraMagna, an agriculture FinTech company, has closed its seed round on an undisclosed amount.

Kredivo receives $100m debt facility to increase its own lending capacity

Kredivo, a digital credit platform for retail borrowers in Indonesia, has secured up to $100m in a debt facility to facilitate more consumer loans.

Brazil’s Facio said to raise $5m in its seed round

Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.

Incuto bags £1.75m in funding round to support its growth in the UK

Incuto, which aims to provide everyone with access to affordable finance, has closed a £1.75m funding round.

Finiata said to raise €7m in its funding round

Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.

Challenger bank AideXa bags €45m in new funding

Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.

iwoca announces its buy now pay later service will be free during the UK’s...

Small business lender iwoca has will offer its invoice payments product iwocaPay for free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.

India-based SME lending platform LivFin said to close funding round

LivFin, an online supply chain and invoice finance solution to small and medium sized businesses in India, has reportedly raised INR 32 crore ($4.7m) in its funding round.

Short-term loan provider EarlySalary said to raise $10m Series C

India-based EarlySalary, which gives consumers instant access to credit, has reportedly bagged $10m in its Series C round.

Satrys secures $5m from angels

Hong Kong-based digital payments platform Statrys has apparently added $5m to its coffers in an angel investment round.

News Stories

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

A third of consumers feel unable to spend as much on Christmas this year

A third of UK adults have admitted they feel unable to spend as much on Christmas this year, according to a study from Yolt.

Almost 90% of consumers haven’t finished Christmas shopping as concerns of online shopping still...

Nearly 90% of people have not completed their Christmas shopping yet, as the pandemic puts pressures on families, research from Klarna claims.

The first quarter of 2020 saw the highest number of large RegTech deals as...

The top ten RegTech deals in the first nine months of 2020 raised in aggregate $1.8bn, making up 38.2% of the total funding in the sector for the period.

Over two fifths of health insurers still lack a consumer facing app

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

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