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Singapore-based digital finance platform Funding Societies has secured USD 27 million in debt funding to bridge the credit gap for SMEs in SouthEast Asia.
funding, lending, financing , SMEs, cash flow
The 8th edition of the Payment Methods Report provides an in-depth overview of the latest worldwide developments in how people pay.
report, payment methods, merchant, payments , customer experience, BNPL, lending, B2B payments, research, account-to-account payment, instant payments, real-time payments, gig economy, cryptocurrency, direct carrier billing, Open Banking, mobile payments, digital wallet, e-wallet, biometrics, payments orchestration, checkout optimisation
Vero Technologies, a wholesale financing technology and loan servicing platform, has announced the close of its Series A funding round, led by venture capital fund BankTech Ventures.
funding, financing , lending, Open Banking
US-based banking group Goldman Sachs has entered exclusive talks with a group of investment firms to sell the GreenSky business for USD 500 million.
banks, investment, acquisition, lending
Germany-based SAP Fioneer has launched a software solution for ESG data orchestration and calculation for portfolio and single exposure KPI.
ESG, green finance, compliance, regulation, lending, data analytics
France-based SaaS credit and leasing management system Basikon has partnered with bank orchestration platform Numeral.
partnership, SaaS, lending, financial institutions
Digital ID verification provider IDVerse has partnered with Australia-based online lending platform Nimo Industries to accelerate customer onboarding when applying for a loan.
identity verification, digital identity, digital onboarding, lending, fraud prevention
Foro Holdings has acquired Bridge, a digital platform built by Citi to connect SMBs to a diverse group of lenders for business loans.
fintech, SMEs, lending
Colombia-based microfinance bank Mibanco has partnered with Belvo, an Open Finance data and payments platform, to help more Colombians receive credit through Open Finance.
Open Finance, partnership, digital wallet, lending, banking
ABC Finance Limited has announced the launch of its new invoice finance comparison tool which enables business owners to undertake a rapid selection process.
product launch, mobile banking, online banking, digital banking, financial services, financial institutions, lending
Financial services software solutions and platforms provider SAP Fioneer has announced a partnership with Mastercard to embed commercial payments and services into its platforms.
partnership, embedded finance, payments , Open Banking, B2B payments, fintech, banking, financial services, SMEs, lending
US-based fintech Momnt has received USD 15 million in a capital raise led by TruStage Ventures to continue innovating its payment and lending solutions for businesses.
funding, lending, financing , expansion, fintech
UK-based specialist lender Perenna has received regulatory approval to offer 20-year and 30-year mortgages with fixed rates.
lending, product upgrade, regulation, financial services
Cryptocurrency exchange Coinbase has revealed its plans to launch a new lending platform aimed at large institutional investors.
cryptocurrency, product launch, investment, lending
Commonwealth Bank of Australia (CBA) has entered an agreement to acquire cloud-based lending platform Waddle to provide working capital for Australian businesses.
acquisition, lending, banking, digital banking, cash flow
UK-based marketplace OnBuy has partnered with embedded financing platform YouLend to offer quick, flexible financing options to business that sell on OnBuy’s seller account.
instalment payments, embedded finance, lending, marketplace, partnership
Credit analytics technology provider Qarar has partnered with Biz2X aiming to improve the landscape of SME lending in Saudi Arabia.
SME lending, SMEs, partnership, lending, financial inclusion
Singapore-based digital bank Tonik has partnered with retailer Home Along to support the growth of the former’s Shop Instalment Loan.
lending, partnership, instalment payments, retail
The European Investment Fund (EIF) has granted more than EUR 40 million to SME Finance via InvestEU for micro-business growth in Baltics, Finland, and Netherlands.
SME lending, financing , lending, sustainability , digitalisation
Vista Equity Partners have obtained a USD 5.3 billion private loan from Oak Hill Advisors and Blue Owl Capital to refinance the debt of Finastra.
funding, lending, partnership, financial services