OYE! Fintech nets $2.25m in funding from GAIN Credit

India-based OYE! Fintech, which operates online lending platform OYE! Loans has netted $2.25m in funding from GAIN Credit.

FinTech competition drives Dollar Bank into online lending

US-based Dollar Bank has released online loans for small businesses.

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.

Lending platform SuperSim said to raise $5.6m in funding

Brazil-based SuperSim has reportedly netted $5.6m in a debt financing round, which will help more consumers in Latin America access funding.

LQD launches lending service with bitcoin as currency

In a bid to enter the crypto market, lending firm LQD Business Finance launched the development of a bitcoin business lending platform.

MotoRefi secures Goldman Sachs backing in $45m Series B

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.

Swedish FinTech Juni closes second funding round this year

Juni, a financial companion for e-commerce platforms, has secured $52m in funding hot off the heels from its Series A, which closed on $21m...

SoFi settles lawsuit with $2.4m fine

Online lender SoFi (Social Finance) is settling a class-action lawsuit by paying a $2.4m fine.

Neyber picks up £7.5m for employee financial wellness

Employee financial wellness startup Neyber has picked up £7.5m in a Series B round. The investment comes from existing backer Police Mutual as well as a former Deutsche Bank COO and Credit Suisse Investment Bank co-head.

Earnest closes $155m acquisition deal from Navient

San Francisco-based lending platform Earnest has closed a $155m deal to be acquired by asset management company Navient.

News Stories

Cyber firm Zenity exits stealth period with $5m seed raise

Israeli cybersecurity and governance platform Zenity has come out of stealth mode and raised $5m from a seed funding round.

Why technology is crucial for the modern insurance sector

Research by Moody’s has found the quick uptake of technology by firms and consumers during the pandemic has revealed its vital importance to the insurance industry.

Revolut completes Nobly take-over as it eyes hospitality sector

UK FinTech firm Revolut is to acquire electronic point of sale (ePOS) software provider Nobly, to expand its solutions to serve the restaurant and...

Bareksa sets its sights on Indonesia’s financial market

Indonesia-based FinTech company Bareksa, which provides an integrated e-investment platform, has secured Series C funding from Grab. Grab is a startup based in Southeast Asia...

Credit Fair lands funding from Northern Arc

Indian consumer lending startup Credit Fair, has raised an undisclosed amount of debt from Northern Arc Capital, according to a report from VCCircle.

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