American Express acquires small business loans FinTech Kabbage
American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.
JVIF selects OpenWay in bid to become consumer finance leader in Vietnam
JVIF, a Japanese consumer finance firm, has selected OpenWay’s Way4 digital payments software platform in a bid to offer the most competitive credit programmes in the Vietnamese market.
More good news for lending as Upstart nabs $32.5m Series D
In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.
Neyber bags ?115m in new financing round
UK-based personal finance platform Neyber has reportedly picked up ?115m in its latest funding round.
Catch up on the 35 big FinTech funding rounds from the last week
Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...
UangTeman raises $12m for Series A
Indonesia-based UangTeman has reportedly closed its $12m Series A investment round led by K2 Venture Capital.
FinAi pulls in €1.1m to launch lending platform
Polish lending startup FinAi has raised €1.1m in a Seed round from newly launched regional VC FIDIASZ.
Brazil’s Facio said to raise $5m in its seed round
Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.
FreeAgent unveils new Radar feature to boost small businesses’ accounting capabilities
UK FinTech FreeAgent has added another feature to its suite of cloud accounting software solutions for freelancers and small businesses.
Archa pulls in $25m to back small business
Australian FinTech Archa has raised $4m in a funding round and $20m in a debt funding facility to accelerate its growth and product offering.