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Find here all the latest articles, news, and research on Debt Facility and other Debt Facility-related topics:

Find here all the latest articles, news, and research on Debt Facility and other Debt Facility-related topics:

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Carmoola secures GBP 100 mln debt deal with NatWest

News | Online & Mobile Banking | 30 Sep 2024

UK-based fintech Carmoola has announced a debt deal with NatWest worth GBP 100 million to transform car financing.

banking, debt facility, financing , lending

PayZen secures USD 32 mln Series B and USD 200 mln debt facility

News | Payments General | 14 Aug 2024

US-based startup Payzen has closed a USD 32 million Series B, in conjunction with a USD 200 million debt facility to grow its ‘Care Now, Pay Later’ product.

startup, instalment payments, artificial intelligence, funding, debt facility

Fintech Tally is shutting down due to lack of cash

News | Payments General | 14 Aug 2024

US-based Tally, a fintech backed by a16z helping people pay off their credit card debt, has shut down due to a lack funds to continue operations.

fintech, credit card, funding, debt facility

OCN secures USD 86 million in Series A funding round

News | Online & Mobile Banking | 16 Jul 2024

Mexico-based OCN, previously known as OneCarNow, has announced that it secured USD 86 million in a Series A funding round, which included equity and debt. 

gig economy, funding, investment, equity, debt facility, financial services, financial inclusion

ClearScore and Fair4All Finance join forces

News | Payments General | 11 Jul 2024

ClearScore has secured GBP 3.4 million funding from Fair4All Finance to develop a debt consolidation loan technology for people in financially vulnerable circumstances in the UK.  

debt facility, funding, partnership, financial inclusion, lending

SME lender iwoca secures GBP 270 mln from Citi and Barclays

News | Online & Mobile Banking | 08 May 2024

UK-based small business lender iwoca has secured a new GBP 270 million package of debt funding, taking the total gross investment in the company to over GBP 1 billion.

SMEs, investment, debt facility, lending, banks

Hokodo receives EUR 100 million debt facility

News | Payments General | 08 Apr 2024

UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has announced that it secured a EUR 100 million debt facility from Viola Credit to support B2B transactions.

debt facility, funding, B2B payments, online payments, merchant, marketplace, BNPL

Fairbanc secures USD 13.3 mln in debt financing

News | Payments General | 04 Mar 2024

Singapore-based B2B embedded finance startup Fairbanc has received USD 13.3 million in debt financing to expand operations in Indonesia.

BNPL, debt facility, expansion, credit scoring, SMEs

Victory Park Capital closes USD 225 debt facility with Zip

News | Payments General | 17 Jan 2024

US-based investment management company Victory Park Capital has completed a refinancing agreement worth USD 225 million with Australia-based BNPL provider Zip.

debt facility, investment, BNPL, instalment payments, POS

Updraft completes GBP 272m debt and equity round

News | Online & Mobile Banking | 19 Dec 2023

UK-based financial app Updraft has successfully completed a GBP 272 million debt and equity round in a bid to advance its debt zero initiatives.

funding, investment, debt facility, equity, lending

Insurance startup Wefox raises USD 55 mln debt facility

News | Online & Mobile Banking | 06 Nov 2023

Germany-based insuretech Wefox has been backed by UniCredit and Deutsche Bank with USD 55 million in funding.

insurance, debt facility, artificial intelligence, POS

Funding Societies raises USD 7.5 mln from Norfund

News | Online & Mobile Banking | 03 Nov 2023

Singapore-based fintech SME lender Funding Societies has raised USD 7.5 million in debt from Norfund to bring financial inclusion to SMEs in Southeast Asia.

funding, debt facility, SMEs, growth markets, financial inclusion

Twinco Capital secures EUR 50 mln debt facility with BBVA Spark

News | Online & Mobile Banking | 30 Oct 2023

Spain-based supply chain fintech Twinco Capital has raised a EUR 50 million debt facility with BBVA Spark to bridge the gap in trade finance.

fintech, supply chain finance, debt facility, ESG, risk management

Uncapped secures GBP 200 million debt financing

News | Online & Mobile Banking | 23 Oct 2023

UK-based fintech Uncapped has announced the successful closure of a GBP 200 million debt facility from Fortress Investment Group.

lending, funding, debt facility, fintech

Zolve secures USD 100 mln debt facility

News | Payments General | 11 Oct 2023

Cross-border neobank, Zolve, has secured a warehouse debt facility of USD 100 million from US-based impact investor, Community Investment Management (CIM). 

funding, debt facility, cross-border payments, neobanks

Klar obtains USD 100 million debt facility

News | Online & Mobile Banking | 17 Aug 2023

Mexico-based digital financial services platform Klar has obtained a USD 100 million debt facility to expand its credit products in the North American country.

funding, investment, credit access, debt facility, fintech

SumUp Secures new USD 100 mln Credit Facility from Victory Park Capital

News | Payments General | 09 Aug 2023

Global fintech SumUp has entered a USD 100 mln credit facility with Victory Park Capital (VPC) to accelerate its merchant Cash Advance product.

debt facility, merchants, financing , SMEs, POS

MODIFI secures USD 100 million facility from HSBC

News | Payments General | 18 Jul 2023

Germany-based fintech MODIFI has secured a USD 100 million debt facility from HSBC Innovation Banking UK to support its growth efforts.

funding, debt facility, fintech, partnership

M-KOPA secures USD 250 mln in debt and equity funding

News | Online & Mobile Banking | 17 May 2023

Kenya-based asset financing platform M-KOPA has received around USD 250 million in new funding to offer underbanked African customers access to assets with digital micropayments.

lending, credit scoring, funding, debt facility, equity

Google to deny loan apps from accessing user photos and contacts

News | Payments General | 14 Apr 2023

Google has announced a policy that will prevent loan apps from accessing the photos, videos, and contacts of users to address predatory behaviour from lenders.

lending, data privacy, regulation, compliance, debt facility