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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 has reportedly raised $12.3m in its pre-Series A funding round, which comprised of equity and debt.
BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.
Justhome, a next generation home financing startup, has collected €3.3m in its pre-seed round.
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, a credit card for small businesses, has secured a £200m funding facility from JP Morgan and Triple Point.
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.