Payment and administration services provider Equiniti Group has acquired end-to-end loan management provider Nostrum.
Lending app MoneyTap has reportedly raised $12.3m in its latest funding round led by Sequoia Capital India.
RenoFi, which helps consumers to find home renovation loans, has reportedly secured $6.4m in its Series A funding round.
Lending analytics and technology company Braviant Holdings has netted $5m in funding from Loom Capital.
Argentina-based Properati has bagged an undisclosed funding round from Big Data Scoring, which is a global credit scoring platform.
PayPal has announced that it has had enough of racial inequality in the US and has made a $530m commitment to support black and minority-owned businesses and communities across the nation.
SoftBank-backed FinTech Kabbage has furloughed a “significant number” of its 500 US employees as it becomes the latest company to suffer from the global COVID-19 pandemic.
Paidy, which offers credit lines at during online shopping purchases, has raised $55m in a Series C round.
Auto trading platform Prodigy has closed a $5.4m Seed funding round led by a group of venture capital firms.
Moscow-based SimpleFinance has bagged $15m in equity funding from SBI Investments.