Bulgaria-based Stikcredit beats the target of its crowdfunding campaign
Bulgaria-based lending platform Stikcredit has raised €156,496 in a crowdfunding campaign being raised on Seedrs.
Financial wellbeing app ilumoni reels in £1.2m after beta launch
UK-based FinTech that aims to assist consumers with borrowing ilumoni raised £1.2m in an oversubscribed seed round.
MPOWER Financing secures $100m equity funding
US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.
Lending company Fintern scores £8m
Fintern, which is making loans more affordable, has raised £8m in a capital injection to support its international expansion.
Traditional lending models not ‘fit for purpose’ – Tink claims
Open banking platform Tink warns that traditional lending models are broken and “no longer fit for purpose” in the current economic climate.
Singapore-based Jenfi raises $6.6m for growth capital
Jenfi, a Singapore-based FinTech startup, specialises in providing online businesses with revenue-based financing.
Viably’s groundbreaking $50m financial boost for ecommerce wholesalers
Viably, described as a "leading provider of innovative financial solutions for ecommerce", has made headlines with its latest funding announcement.
SoFi launches employees benefits programme SoFi at Work
Social Finance (SoFi) is expanding its offering to include employee benefits and financial wellness programme SoFi at Work.
Validus Capital picks up $2.9m from Vertex Ventures
Online lending platform Validus Capital has reportedly picked up a $2.9m capital injection from Vertex Ventures.
Fortress Investment Group said to supply MoneyMe with $120m debt funding
Fortress Investment Group is reportedly investing $120m into consumer lending platform MoneyMe.