FlexxPay said to close pre-Series A round
FlexxPay, a startup empowering more control over when employees access their cash, has reportedly closed a new funding round from MEC Ventures.
Where to next for marketplace lending FinTechs?
Open banking and new technologies have made the marketplace lending FinTech market explode. But where will it go from here?
Auto loan platform Tricolor collects $30m in funding
Online vehicle loan platform Tricolor has received $30m in a preferred equity investment from an unnamed global institutional investor.
MoneyTap said to close $9m in round led by Sequoia Capital
Digital lending startup MoneyTap has reportedly closed a $9m investment from Sequoia Capital.
Two-thirds of UK millennials are now using buy now, pay later schemes
Two-thirds (67%) of UK millennials are using point-of-sale credit finance services, as appetite for the payment method increases across all age-ranges.
AlphaCredit scores $125m in its latest funding round
AlphaCredit, a consumer lending platform for Mexico and Colombia, has secured $125m in its latest round.
Fusion Microfinance said to raise $70.6m in funding round
Fusion Microfinance, an India-based micro lending platform, has reportedly raised INR 500 Crore ($70.6m) in its latest funding round.
Rebel pulls in $10m to build new loan products for Brazilians
Rebel, a digital lending platform for consumers in Brazil, has secured $10m in new equity to help build new products.
Californian FinTech Migo bags $20m in new Series B round to tap into Latin...
San Francisco-headquartered FinTech Migo has announced that it has raised $20m in a new funding round.
Figure Technologies in the market for $103m funding round
Figure Technologies, a platform which manages digital assets, is looking to close a new funding on $103m.
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Metro Bank will waive overdraft interest because of the coronavirus
MetroBank has announced that it will not charging any overdraft fees for account holders between March 1 and June 30 to help customers cope with the coronavirus crisis.
Will InsurTech startups come out as the big winners of the coronavirus pandemic?
COVID-19 could be great for the InsurTech industry as the crisis highlight where insurers’ shortcomings are. But that does not mean there won’t be hard times ahead.
“The right thing to do to support the industry” – why some FinTechs are...
With the coronavirus pandemic putting strains on businesses, some FinTechs have been offering their services for free to help.
RegTech startup VoxSmart recieves £5.5m investment from Natwest
VoxSmart, a communication monitoring service provider, has received £5.5m in a funding round from UK bank NatWest.
Crypto data platform Coin Metrics collects $6m in new round
Cryptoasset data and infrastructure platform Coin Metrics has collected $6m in funding as it looks to enhance its product suite.