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
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.