Verqor secures $7.5m to revolutionise Mexico’s agri-FinTech space
Verqor, a pioneering FinTech firm committed to the digitalisation of Mexico’s agricultural sector, is making significant strides in the industry.
Acorn and Joist join forces to embed financing offers
Acorn, an embedded lending marketplace for home improvement financing, has teamed up with Joist, an EverPro solution, to embed financing offers into the Joist mobile platform.
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.
70% of UK SMEs lean on FinTech lenders during cost of living crisis
Four in ten UK small and medium-sized businesses (SMEs) now prefer to tap into the services of FinTech lenders over mainstream banks, a marked shift in the world of business finance.
Lending platform VIVA Finance closes seed round
Mobile-first lending platform VIVA Finance has closed its seed round on $2.3m in its seed funding round.
Blend bags $75m and nearly hits the $1.7bn valuation mark
Lending solutions provider Blend has picked up a valuation close to $1.7bn on the back of a $75m funding round and is now planning to solve banks' Covid-19 problems.
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.
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.
MPOWER Financing secures $100m equity funding
US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
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