Tags Lending

Tag: lending

Traditional lending models not ‘fit for purpose’ – Tink claims

Open banking platform Tink warns that traditional lending models are broken and “no longer fit for purpose” in the current economic climate.

Uganda-based digital lending platform Numida nets $12.3m

Uganda-based digital lending platform Numida has reportedly raised $12.3m in its pre-Series A funding round, which comprised of equity and debt.

BNPL platform SeQura receives €150m senior financing

BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.

Colombian FinTech startup Finaktiva raises $25m

Colombian FinTech company Finaktiva has reportedly raised $25m in a mix of debt and equity.

Instalments-as-a-service Splitit bags AUD 10.5m

Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.

RBI unveils new guidelines on digital lending

The Reserve Bank of India (RBI) has revealed its new guidelines on the digital lending process in a move to protect borrowers.

Germany’s Justhome bags seed to build home financing tools

Justhome, a next generation home financing startup, has collected €3.3m in its pre-seed round.

India’s largest lending FinTech EarlySalary raises $110m

EarlySalary, which claims to be India’s largest lending FinTech, has bagged $110m for its Series D round, which was led by TPG’s The Rise Fund and Norwest Venture Partners.

Capital on Tap extends credit card for small businesses with loan

Capital on Tap, a credit card for small businesses, has secured a £200m funding facility from JP Morgan and Triple Point.

Finexos bags funding to support loans without a credit score

Finexos, a FinTech aimed at improving access to lending without a credit score, has received a £695,000 funding round, which was led by Growth Capital Ventures.

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 20% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week