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UK-based BNPL provider Playter has raised a USD 55 million funding round from the backers of Klarna, SoFi, and Pipe.
BNPL, subscription payments, lending, funding, expansion
US-based money movement company Payveris has introduced ‘Loan Payments’, a debt repayment service with a broad range of real-time payment methods.
product launch, lending, payment methods, omnichannel, ACH, real-time payments
US-based payments startup Settle has raised USD 280 million in debt to expand support for emerging ecommerce businesses.
ecommerce, funding, lending, cash management, growth markets
Czech Republic-based embedded financing platform for ecommerce Lemonero has raised a EUR 12 million investment to expand in Europe and develop new products.
lending, funding, expansion, ecommerce, marketplace
Brazil-based fintech Zippi has raised USD 16 million for a credit solution via PIX for micro-entrepreneurs.
PIX, lending, funding, instant payments, fintech
India-based Airtel Payments Bank has announced its customers can now apply for a gold loan from Muthoot Finance through the Airtel Thanks app.
partnership, lending, mobile banking, financial services
India-based fintech platform StrideOne has secured USD 33 million in funding to reach more customers and increase its headcount.
startup, funding, fintech, acquisition, lending
The Bank of England (BoE) has released a survey revealing UK credit card borrowing soaring by most since 2005 as cost-of-living margins tighten.
credit card, credit scoring, lending, financing
Digital lending platform for ecommerce ZoodPay has entered Pakistan by fully acquiring Karachi-headquartered Tez Financial Services (Tez).
acquisition, lending, fintech, digital banking, credit scoring
UK-based fintech lender Creditspring has announced it raised GBP 48 million to enhance financial stability by offering borrowers an inclusive, affordable credit option.
product upgrade, expansion, funding, crowdfunding, lending, financial inclusion
People's Bank of China and regulators have urged the nation’s lenders to step up support for the real economy and meet credit demand.
central bank, lending, regulation, banks, COVID-19
Alternative finance provider for small and medium-sized SMEs ThinCats has selected Mambu’s cloud banking technology platform to scale at pace and expand its SME lending offering, according to Explode Africa.
partnership, Mambu, lending
Germany-based cash flow management platform Airbank has announced partnering with digital business financing partner Uncapped to offer tailor-made revenue-based financing for medium-sized and start-up companies in Germany.
partnership, SMEs, SME lending, financial services, lending
UK-based fintech credit and payment company MarketFinance has received GBP 100 million from Deutsche Bank to support new lending to UK SMEs.
lending, funding, SMEs, fintech, SBI Payments
InDebted, a global fintech aiming to transform the consumer experience of debt, has revealed new research highlighting the impact of the UK’s existing broken debt collection model on consumers.
lending, credit scoring, online banking
Australia’s Commonwealth Bank (CBA) has launched Unloan, Australia’s first digital home loan with a discount that increases every year for up to 30 years, according to the official press release.
lending, product launch, Open Banking
Technology company Ophelos has partnered with Open Banking ethical consumer lender Plend.
partnership, Open Banking, lending
Canadian company VoPay and US-based TurnKey Lender have partnered to deliver an AI-powered lending automation platform used by traditional, alternative, and embedded lenders.
partnership, product launch, digitalisation, artificial intelligence, lending
UK-based alternative finance company Accelerated Payments has advanced EUR 750 million to businesses, as companies emerge from the COVID19 lockdown.
fintech, SMEs, lending, Brexit, pandemic
US-based technology provider Westcon-Comstor has launched Flex, a payment service which provides flexible funding for the IT channel.
BNPL, product launch, subscription payments, subscription economy, lending, funding