Indian revenue-based financing firm GetVantage bags $36m funding
The new investment brings GetVantage’s total funding to date to $41 million.
The new investment brings GetVantage’s total funding to date to $41 million.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The extension follows an initial raise of $110m in November, which valued the company at more than $2bn.
The firm has also raised $18 million in seed funding.
Lentra says it plans to integrate TDT’s behaviour intelligence platform Cadenz.
Birmingham-based firm plans on achieving full regulatory approval before starting operations.
LFC has also received a preliminary approval from Saudi Arabia’s regulator, SAMA.
The new offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics.
Solv says the funding will support its expansion throughout more than 300 cities across Africa and Southeast Asia.
Hokodo says it will use the funding to expand into new European markets and develop new products.
The round was led by Adit Venture Capital and Fasanara Capital.
Stashfin says it will use the new money to expand its footprint across South and Southeast Asia.
Fido has now raised $38m to date and intends to use the fresh capital to launch new financial products in Ghana.
Recognise says Thapa “has the vision and ability to lead the Bank’s technology strategy”.
It has also entered a strategic partnership with ARA Venn, a real-estate debt investment manager.
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
Lenders offering BNPL services will need to be approved by the Financial Conduct Authority (FCA).
The announcement was made as part of its crowdfunding campaign with Seedrs.
The acquisition of Accept will make HomeLight the largest agent-focused cash offer programme in the country.
As well as the layoffs the wealthtech will be “laser-focused” on core businesses investing, banking and crypto.
Fiinu is set to be acquired by media company Immedia for approximately £37.5 million.
CBA positions Unloan as “a revolutionary force in the Australian mortgage industry”.
Celsius says the pause is designed to put the firm in a “better position” to honour its withdrawal obligations in the future.
Nuula provides financial products and services to small business owners.
“At the heart of the partnership is the delivery of a digital decisioning platform,” Trade Ledger says.
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.
The facility is live on select e-commerce websites and the firms say will be made available at retail stores soon.
Jim Wadsworth discusses working with fintechs, open banking, becoming a paytech and safeguarding data.
Allica Bank is live with Mambu’s core, while Plazo will use the vendor’s tech to support its lending business.
FinTech Futures chats with Stilt co-founder Rohit Mittal about the firm’s aims to help immigrants in the US.
The round has been led by Tiger Global with participation from new investor GMO Venture Partners.
The company has raised $57 million in total funding to date.
The new ‘plug-and-play’ credit infrastructure is targeted at alternative lender and credit investor firms.
Through the partnership, the firms will deliver a new digital banking platform in North America.
The funding will be used to scale its business in Europe and the US.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across North America.
ZoodPay enters Pakistan as a new player in its growing digital lending and fintech space.