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Dutch blockchain investment fund Maven 11 Capital has raised EUR 40 million to invest in start- and scale-ups creating DeFi services and building Web 3.0. using blockchain technology.
blockchain, DeFi, funding, payment processing, lending
US-based digital asset platform Anchorage Digital has announced partnering with BankProv to offer its corporate customers Ethereum-based loans.
product launch, Ethereum, lending, cryptocurrency
investment, cash management, lending
fintech, funding, lending
Nigeria-based Releaf, a raw material procurement and logistics platform, has partnered OnePipe, a digital gateway enabling financial services, to provide digital disbursements to farmers.
partnership, supply chain finance, unbanked, lending, API
banks, partnership, lending, funding, SMEs
Wayflyer, a revenue-based financing platform for ecommerce merchants, has raised USD 76 million in a Series A funding round led by Left Lane Capital.
funding, startup, lending, ecommerce
Blockchain-based trade finance protocol Polytrade has successfully closed its funding rounds raising USD 1.2 million.
blockchain, lending, digital assets, SMEs
Russia-based airlines company Aeroflot has signed sustainability-linked loan agreement worth USD 320 million with Sovcombank.
supply chain finance, lending, trade finance
US-based Securitize has announced the launch of Securitize Capital, a wholly owned subsidiary that will serve as an alternative investment manager working with digital asset securities.
digital assets, digital banking, lending, product launch
lending, partnership, transactions
The Federal Deposit Insurance Corporation (FDIC) has published a request for information (RFI) about digital assets, aiming to find out how banks are exploring and participating in the sector.
cryptocurrency, banks, blockchain, digital assets, lending, regulation
Open Banking, lending, SME lending
The US Department of Justice has been investigating whether financial technology companies may have erred while distributing billions of dollars in pandemic aid to struggling SMEs.
fintech, SMEs, SME lending, COVID-19, lending, banks
Talkdesk has launched Talkdesk Digital Lending, a borrower solution designed for lenders, assisting the lending lifecycle for personal, mortgage, and commercial loans.
lending, product launch, artificial intelligence, personal finance management, customer experience
Indian Overseas Bank (IOB) has announced the launch of Retail Loans (home loan, personal loan, and clean loan) on its digital platform.
lending, mobile banking, digital banking, online banking
Virgin Money has selected Trade Ledger, which specialises in data-driven lending technology, to continue building its business banking proposition.
partnership, lending, banks, fintech, SMEs
SMEs, lending, Open Banking
Open Banking, data, lending, personal finance management
The Germany-based lending-as-a-service provider Banxware has partnered with the marketplace provider The Platform Group and United Volksbank Raiffeisenbank to grant loans of up to EUR 15,000.
partnership, product launch, lending, marketplace