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TerraMagna, an agriculture FinTech company, has closed its seed round on an undisclosed amount.
goPeer, which makes non-traditional loans available through a peer-to-peer network, has received $25,000 after it wins the top prize in York University’s LaunchYU Accelerator programme this year.
Capify, an SME lending platform, has closed an equity round on £8m from Goldman Sachs Merchant Banking through existing credit facilities.
Brazil-based SuperSim has reportedly netted $5.6m in a debt financing round, which will help more consumers in Latin America access funding.
Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.
Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.
Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.