Marketplace Lending

Jifiti secures EMI license to boost embedded lending across Europe

Jifiti secures EMI license to boost embedded lending across Europe

Jifiti, recognised for its leadership in white-labeled embedded lending, has recently received a European Electronic Money Institution (EMI) license.

Eduvanz bags $3m in new investment round

Student loan startup Eduvanz has secured $3m in a Series A round led by Sequoia's SCI Investment VI fund.
Beyond Finance gets a boost with Comvest’s $635m credit facility

Beyond Finance gets a boost with Comvest’s $635m credit facility

Comvest Credit Partners, known for delivering flexible direct financing solutions to mid-market businesses, has announced its designation as Administrative Agent on an increased $635m senior credit facility for Beyond Finance. Beyond Finance operates out of the U.S., specialising in success fee-based debt resolution services.

LendingCrowd secures £2m funding led by angel syndicate Equity Gap

P2P lending platform LendingCrowd has secured £2m in funding led by angel syndicate Equity Gap.

OfBusiness continues growth surge as its valuation now sits at $3bn

OfBusiness, a B2B e-commerce platform that also offers credit lines, has hit a $3bn valuation after the close of its $200m Series F.

Statrys secures $5m in an angel investment round

Hong Kong-based digital payments platform Statrys has apparently added $5m to its coffers in an angel investment round.

Digital credit platform Kredivo lands $100m to offer BNPL services in Indonesia

Indonesia-based digital loans and credit platform Kredivo added to the initial $100m debt facility closed in July 2020 to a new total of $200m.

FCA expects firms to freeze payments and to follow other financial relief measures to...

Last week the UK’s financial market regulator suggested a smattering of relief measures to protect people affected by the coronavirus. Now those measures have snapped into action.

Paidy secures yet another Series C extension hot off the heels of its previous...

Paidy, a Japanese point-of-sale financing platform, has reportedly secured $48m in a Series C round, coming just months after its former 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.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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