Lendingkart closes $87m Series C led by Fullerton

India-based online lending platform Lendingkart Technologies has closed an $87m in a Series C equity round.

VC firms back business offering loans to international students eyeing US university places

A wave of venture capital investors have backed a $110m financing round for MPOWER Financing, a student loan provider for international students applying to US institutions.

Kreditech eyes international expansion after €20m investment

German online lender Kreditech is looking to scale globally after the close of a €20m equity financing round.

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

FlexiLoans said to raise 150 crore in a mixture of debt and equity

FlexiLoans, which provides MSMEs in India with quick access to financing, has reportedly raised 150 crore ($20.1m) in a funding round comprised of both debt and equity.

Marqueta, Swissquote partner to offer new app-based card program

US card issuing platform Marqueta has partnered with Swissquote to provide an app-based card program that offers banking and investing services in a single space.

Digital education loan startup Credenc collects $25m from Capital India

Finance company Capital India has invested $25m via equity and debt in education loans platform Credenc.

Happy Money joins growing FinTech unicorn club

Happy Money, a platform for unsecured lending in partnership with credit unions, has closed a $50m Series D-1 funding round.

Affirm nabs $100m credit facility from Morgan Stanley

Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.

1st Stop Group has completed £120m fundraise

Lending platform 1st Stop Group has completed a £120m funding to help support the growth of its platform in the UK.

News Stories

How banks can fight back against fraud scams

The threat of fraud is rising. Covid-19 shook the world and accelerated fraudulent criminal activity around the world.

Extortion demands climb 45% in 2021 on back of ransomware spread

The average ransom demand grew to $247,000 in 2021 according to research from Group-IB.

Investing app Claritus.io launches out of beta

Personal finance app Claritus.io has launched out of its beta as it helps people easily track all of their investments from one location.

Zurich to sell Russian business following calls to cut ties

Global insurer Zurich Insurance Group has agreed to sell its business in Russia to 11 members of the unit’s team following mounting pressure on financial institutions and insurers to cut ties with the region.

How can merchant payments firms navigate the European regulatory landscape?

With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.

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