Ireland’s CreditLogic said to raise €1.5m in its seed round

Irish FinTech startup CreditLogic has reportedly raised €1.5m in its seed round and launched its new Virtual Assistance feature.

Venio launches its credit app in the Philippines

New York-headquartered Venio has begun offering easy-to-access credit facilities to unbanked consumers in the Philippines.

Lendistry and FarmLink receive funding from Comerica Bank

Lendistry, a small business loan platform, has scored a $1.5m investment from Comerica Bank, which will help it increase its loan balance.

InCred said to raise Rs 500 Crore ($66.9m) in debt funding

Online lending platform InCred has reportedly bagged RS 500 Crore ($66.9m) in a debt funding line.

CampusLogic collects $120m in a minority investment from Dragoneer

Student finance support platform CampusLogic has collected $120m in a minority investment from Dragoneer Investment Group.

Working capital solution developer Taulia closes $60m in its new funding round

Working capital technology provider Taulia has secured a $60m investment, which was led by the Ping An Global Voyager Fund.

FinTech startup Lupiya bags $1m to fund the rollout of its financial inclusion tools...

Seven out of ten people in Zambia do not have access to formal financial services, but Lupiya hopes to change that on the back of a new $1m investment from Enygma Ventures.

Home loans platform RenoFi said to secure $6.4m in its Series A round

RenoFi, which helps consumers to find home renovation loans, has reportedly secured $6.4m in its Series A funding round.

Celsius secures $30m in new investment round led by cryptocurrency company Tether International

Blockchain-powered income and lending app Celsius Network has bagged $30m in a new equity round with Tether, the largest stablecoin issuer with a 90% market share, as its lead investor.

Planet42 said to close €2.2m funding round to support growth plans

Planet42, which offers consumers a rent-to-buy vehicle rental, has reportedly netted €2.2m in a funding round.

News Stories

Big businesses responsible for major cyber vulnerabilities in the UK

Lots of financial services companies leave themselves exposed to hacks by using unpatched services, according to a new report by Rapid7.

Revolut’s losses more than tripled to £107.4m last year

Revolut annual losses jumped from £32.8m in 2018 to £107.4m in 2019, but the neobank is still hoping to break even by 2021.

Metro Bank launches SME receipt management tool as its reeling from £900m accounting mistake

Metro Bank has launched new app tools for businesses to manage their receipts as the company itself is still recovering from last year's accounting scandal.

MAS urges finance companies to moderate dividends for the financial year

The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.

Singapore’s Incomlend bags $20m Series A round to democratise trade finance

Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.

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