Over-55s are seeking alternative lending options – free2 study claims
The majority of over-55’s are looking for alternatives to lending options after expressing concern over existing products, according to a study from free2.
Carputty lands $12.3m to modernise auto financing
Carputty, a FinTech company modernising auto financing and ownership, has raises $12.3m in a Series A funding round.
Tradeteq collects $6.3m in seed round
UK-headquartered trade finance distribution platform Tradeteq has collected $6.3m for its seed equity round.The investment was led by ADV, and will be used to...
PayU buys controlling stake in FinTech PaySense at a $185m valuation
Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...
Kenya-based lender M-KOPA secures $75m
Kenya-based FinTech company M-KOPA has reportedly raised $75m in a fresh funding round.
The US Department of Justice steps in on Intuit’s $7.1bn acquisition of Credit Karma...
The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.
UK’s Updraft raises £272m to transform credit management for households
Updraft, a prominent UK-based consumer lending FinTech, has raised a substantial £272m.
SellersFunding has begun to lend to e-commerce startups in Canada and the UK
New York-based SellersFunding is expanding its data-driven alternative lending platform’s offerings to SMEs in Canada and Britain.
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.
Jia rakes in $4.3m seed funding to expand blockchain lending
Jia, a FinTech startup focused on blockchain-based lending, raised an impressive $4.3m in seed funding.
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