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.
