Brazilian neolender Open Co secures $115m funding to boost expansion
The start-up was formed through a merger of two consumer credit platforms earlier this year.
The start-up was formed through a merger of two consumer credit platforms earlier this year.
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With the fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
“BNPL is growing at a breakneck speed in India,” says CEO Nitin Gupta.
KAF will use Temenos Banking Services for retail loans and Islamic financing.
Greiner joins from Bankers Healthcare Group, where he spent just under two years as VP of enterprise architecture.
Zopa CEO says erosion of consumer trust and regulatory burdens are to blame.
Ameris Bank resources will allow Balboa to expand its offering, says Balboa CEO.
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Since its launch in September 2015, OakNorth Bank has lent over £6.5 billion to SMEs.
“The market for simplifying net terms payments and embedding BNPL payment options is exploding”, CEO says.
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Challenger says it will become “the first European digital bank to start offering mortgages”.
CEO Vishal Garg says he “blundered the execution” following a barrage of criticism.
Hometap allows homeowners to receive debt-free cash in exchange for a share of their home’s future value.
The funds will support the delivery of BNPL services to five million SME retailers across Africa.
With the high demand for mortgages in the UK, digital transformation efforts in the space have accelerated.
Kueski is one of the largest buy now, pay later and online consumer lenders in Latin America.
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Cash injection will be used to further develop its product offerings and hire more staff.
Microsoft has partnered with Zip to offer a BNPL payment option in its Edge browser.
Fast-growing Indian e-commerce sector is in the company’s sights with its cardless payments offerings.
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Tie-up expands capabilities for the US customers of Unit’s Banking-as-a-Service (BaaS) platform.
International expansion is planned for the niche London-based fintech.
The B2B BNPL fintech says it will invest in team and product development.
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The cash will go towards enhancing Allica’s proprietary technology and client support.
The Singapore-based company has plans for international expansion.
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
The ceremony took place on 24 November at the Royal Lancaster Hotel in London.
Deal will bring the challenger bank around 2,000 SME customers.
The San Francisco-based company has now raised $100m in total funding to date.
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
Increase in headcount and Latin American expansion planned.
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