New York-based lender Dwight Funding bags $100m credit facility
Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.
Silicon Valley Bank UK injects €30m into LendTech Liberis
Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.
Italian FinTech startup Viceversa raises €10m in Series A round for digital companies
Italian FinTech startup, Viceversa, focuses on providing revenue-based financing to support the growth of digital companies.
Indian FinTech innovator 50Fin secures INR 4.25 crore ($525k)
50Fin, an Indian financial technology firm, has announced the successful closure of its recent pre-seed funding round.
Bengaluru-based FinTech Bright Money secures $62m
Bright Money, a consumer FinTech firm, has announced a successful closure of its latest funding round, amassing an impressive $62m.
Kashable’s innovative financial platform attracts $25.6m in Series B funding
Kashable, a pioneering FinTech company based in New York City, has successfully concluded a significant Series B funding round, securing $25.6m.
The investment round was...
South Korean insurer buys 4.1% stake in lending Club for $66m
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.
P2P lender Funding Circle looks to a £300m IPO on London Stock Exchange
P2P lending platform Funding Circle is planning a £300m IPO on the London Stock Exchange, which could value the company at around $1.6bn.
JP Morgan team with DBS, Temasek to launch joint payments firm
JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.
First Circle pockets $1.2m for SME lending in South-East Asia
South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.
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