WebBank invests $250m into digital financial solution dev Avant
WebBank will invest up to $250m into digital financial solution developer Avant, as part of a securitisation deal.
Stori becomes the latest FinTech unicorn in Mexico
Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.
PropTech startup Oper scores €11m in its Series A
PropTech platform Oper, which enables digital mortgages, has collected €11m in its Series A funding round.
Klarna blames worst market in 50 years for 85% drop in valuation
Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.
Oxbury backs British farmers with additional £20m raise
Oxbury, an agricultural bank that lends to farmers, has raised £20m in funding following its £31m Series C funding round in March this year.
Klarna rival Zilch extends Series C to support growth in the US
UK-based buy now, pay later (BNPL) unicorn Zilch has raked in an additional $50m for its Series C round, bringing the round’s total to $160m.
India-based electric vehicle financing app Turno launches from stealth
Turno, which offers loans to buy electric vehicles, has launched out of stealth after closing a $3.1m funding round.
South African FinTech Yellow nets $20m in debt financing
South Africa-based Yellow, which offers energy financing products to low-income households in Africa, has reportedly collected $20m in debt funding.
Playter is second B2B BNPL FinTech company to raise capital this week
B2B buy now pay later platform Playter has reportedly collected $55m in funding, which was mixed with debt and equity.
B2B buy now, pay later service Hokodo collects $40m
B2B buy now, pay later service provider Hokodo has picked up $40m in funding as it looks to expand into new European markets and build new products.
