Online loans platform MyMoneyMantra collects $15m invesment
MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.
Rupifi said to raise $1m in debt and equity
Buy now, pay later platform Rupifi has reportedly collected $1m in a funding round comprised of debt and equity.
Finova racks up $52.5m in VC-backed financing round
FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.
2021 Christmas spending fuels ever-growing BNPL debt bubble for consumers
After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.
Africa-focused vehicle financing app Moove nabs fresh investment
Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners
Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
Earned wage access FinTech Immediate bags $16m in a growth round
Based in Birmingham, Alabama, Immediate, an innovative FinTech company specialising in earned wage access, announced a successful round of growth funding.
SlicePay said to secure $2m Series A
Credit lending platform, SlicePay has reportedly received a $2m Series A round from japan-based Das Capital and Simile Venture Partners.
ApplePie secures $16.5m Series B and $180m loan purchase deal
ApplePie Capital has raised $16.5m in a Series B round. The new funding coincides with the announcement of a $180m loan purchase agreement with TowerBrook Capital.
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