Italian BNPL platform Scalapay bags $27m in Series B extension
Scalapay has now raised $727 million in total funding to date.
Lending
Malcolm Leach joins SME financing marketplace Funding Options as CTO
The appointment comes after the firm experienced its strongest quarter since the start of the Covid-19 pandemic.
CFPB invokes “largely unused” Dodd-Frank law to scrutinise fintechs
“This authority gives us critical agility to move as quickly as the market,” CFPB director Rohit Chopra says.
Indian fintech Financepeer raises $31m in Series B round
The firm says it will use the funds to make quality education more accessible across India.
Indian fintech start-up Recur Club secures $30m seed funding
The seed funding is made up of a combination of equity and debt.
Video: Greg Palmer at Finovate Europe 2022 – The future of fintech
Finovate’s Greg Palmer on how the pandemic accelerated the digitisation of financial services.
Canadian neolender QuadFi lands $100m financing facility
The facility will be used to provide personal loans to people with limited credit history.
Alkami tapped by ORNL Federal Credit Union for digital banking upgrade
The Alkami Platform will power ORNL FCU’s growing digital offering, with new services set to be rolled out.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
New UK start-up Keyzy gears up for launch with rent-to-own solution
The firm promises hopeful homeowners the ability to “move in now, buy later”.
Nigerian digital bank Umba raises $15m Series A funding
Following the Series A, Umba has now raised a total of around $17.5 million to date.
FinTech Futures Jobs: Three UK tech jobs with great benefits
Exciting open vacancies at Experian, Klarna and Hazy. Apply today!
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
New UK lending fintech OnLadder receives funding
The UK-based start-up seeks to make purchasing a home more affordable for first-time buyers.
SME financing platform Stenn lands $50m equity investment
Stenn CEO Greg Karpovsky says: “A lack of access to finance is stunting the growth of SMEs around the world.”
Capital on Tap scores $200m funding facility to drive US growth
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Why embedded finance is the next big thing
Embedded finance has already started to streamline financial processes in both consumer and business commerce.
Spain’s Ritmo lands $200m in debt funding to drive growth
The Madrid-based company has raised $225 million to date in debt and equity funding.
FinAccel snaps up majority stake in Indonesia’s Bank Bisnis
The acquisition of Bank Bisnis will allow FinAccel to offer digital banking and larger loans to Indonesians.
Credit fintech Liquidity lands $775m to fuel growth
Apollo partner Joshua Black will also join Liquidity’s board of directors.
Oxbury Bank raises £31m in Series C funding, acquires core banking tech provider Naqoda
Oxbury Bank is a start-up bank in the UK focused on the agricultural sector.
Apple reportedly looking to build its own payments and lending infrastructure
Plans reportedly include bringing services such as payment processing and risk assessments for lending in-house.
Egyptian super-app Khazna secures $38m Series A round
Khazna has now raised a total of $47 million to date.
Cross River lands $620m investment to fuel expansion
The round was led by Eldridge and Andreessen Horowitz.
UK credit card start-up Yonder exits stealth, raises £20m
Yonder is designed for the five million-strong ‘credit invisible’ market underserved by current credit providers.
UK Infrastructure Bank embarks on system selection
UKIB, a new government-owned bank, is looking for a core banking system and has issued a tender.
How fintech can boost financial inclusion for Latin American SMBs
Fintech can give SMBs better access to financing to encourage progress and development.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
Egyptian credit fintech Lucky raises $25m Series A
The cash will go towards cementing Lucky’s position in the market and building out its credit offering.
SME financing platform Oxyzo raises $200m Series A, becomes unicorn
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
Tech giant Apple snaps up UK open banking firm Credit Kudos
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
ICYMI fintech funding round-up: Mistho, Plurall, Rupifi
Our weekly fintech round-up for you to get the latest funding news from around the world.
Construction focused US fintechs CoFi and Handle raise funding
CoFi and Handle have raised $7 million and $10 million, respectively.
UK fintech funding round-up: Answer Pay, ScribeStar, SimplyPayMe, Smartr365, & Versori
A handy round-up of the recent funding endeavours of UK-based fintechs.
Banking for net-zero homes
Banks can make a significant difference to the planet, to their customers, and ultimately to their bottom line.
What the FinTech? | S.3 Episode 3 | Lending a hand
In this episode, we’re joined by Bill Verhelle, CEO and founder of QuickFi.
Fintech start-up Stilt secures $114m in debt and equity funding
The firm raised $14m in a Series A funding round and secured a new $100m debt facility.
BNPL platform ChargeAfter raises $44m Series B
The Series B brings the company’s total amount raised to date to $60 million.
