Kafene secures $75m funding to accelerate growth
Capital to support Kafene’s point-of-sale financing to Americans with limited access to credit.
Lending
Cloud banking provider nCino to acquire mortgage neolender SimpleNexus
Finserv provider says acquisition is a “natural expansion” of its digital banking platform.
Oportun to buy neobank Digit in $213m deal
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
London BNPL firm Zilch worth more than $2bn following $110m Series C
The company plans a hiring spree in Miami, where its US headquarters are located.
Fintech funding deals globally 1 November – 7 November 2021
Featuring Mynt, Plate IQ, Chipper Cash, Mythical and Moonfare.
New US fintech Menta picks Agora to power credit builder platform
Menta’s platform is designed to improve access to credit for the underbanked.
Digital trade finance platform Drip raises $175m in equity and debt funding
Drip provides SMEs across India, Mexico and the US access to collateral-free credit.
Oracle wins trio of new clients in US, Vietnam, and Uzbekistan
Protego Trust Bank, InFinBank, and Toyota Financial Services all pick Oracle systems.
Live now, pay later
I’d love to see the excitement caused by BNPL stretch to areas where lending is desperately needed.
Fintech funding deals globally 18 October – 24 October 2021
Featuring N26, Deel, FTX, Zopa and Brex.
BNPL: The now and the later
How can the BNPL industry do more to protect consumers and help the world we live in?
SoFi partners Pagaya to boost access to financial services
SoFi plans to extend its credit lending services to a broader audience.
Fintech start-up Tala secures $145m Series E funding
California-based firm will look to expand its product offering and grow its team.
FinTech Futures Jobs: Three great jobs to apply for this week
Exciting vacancies at Finastra, OakNorth and Inpixon. Apply today!
Webinar: Streamlining loan management with the next generation of loan servicing technology
Explore the key challenges facing the lending and servicing industry, and how to prepare for the future.
First Women’s Bank launches in US with focus on fixing gender lending gap
New lender is Chicago’s first chartered bank since 2009.
Debt platform CredAvenue raises $90m in Series A funding round
Significant investments in data science, machine learning, and AI are in the pipeline.
B2B BNPL: how data can drive more financial flexibility
BNPL is the norm when it comes to B2B transactions, but should corporates look to be more flexible?
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
New FinTech Futures Report: Mortgages – the final digital frontier
We’ve launched our latest report, including an in-depth industry survey.
Dear Luc: How do I get a slice of the BNPL pie?
This week someone asks: I want to add BNPL to my service, what do I need to consider?
Fintech funding deals globally 20 September – 26 September 2021
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
Prodigy Finance lands $750m funding to expand into new markets
New funds will allow Prodigy to assist students from previously excluded countries.
Financial document processing platform Ocrolus secures $80m Series C round
New York-based start-up says the new funding takes its valuation “north of $500 million”.
Video: fintech news pick of the week – Goldman Sachs, Chase, Oracle & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 13 September – 19 September 2021
Featuring BitSight, Melio, SellersFunding, Form3 and Xendit.
Grow Credit raises $106m to expand subscription-based credit builder
Black-owned fintech firm plans growth to 100 million end consumers.
Canadian fintech start-up Nuula secures $120m funding
The firm launched its mobile app in June this year with the aim of helping SMEs to grow.
Fintech funding deals globally 6 September – 12 September 2021
Featuring Varo, Scalapay, Wave, MNT Halan and Marshmallow.
SEC threatens suit over Coinbase crypto lending product
Coinbase’s CEO and chief legal officer admonish US markets regulator over lack of clarity.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Live Oak Bank switches retail and commercial accounts to Finxact core
North Carolina bank ticks off penultimate stage of ongoing transformation.
Fintech funding deals globally 30 August – 5 September 2021
Featuring Insurify, Snap Raise, Clicklease, Jeeves and Origin.
Bank of the Bahamas goes live with Newgen Software
Caribbean bank deploys new software to revamp end-to-end loan process.
E-guide: Loan management technology trends
A quick guide to loan management technology trends that empower today’s lending and loan servicing operations.
Real estate fintech Reali raises $250m funding
The California-based firm will use the funds for national expansion and product development.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
US fintech One lands $40m in Series B funding
Start-up aims to bring “all-in-one banking” to middle-class Americans.
FinTech Futures Jobs: Three really exciting jobs to apply for this week
Exciting vacancies at OakNorth, Checkout.com and Deloitte. Apply today!
BNPL firm Zilch sets up US expansion with NepFin acquisition
The acquisition of the American firm will give Zilch a foothold in the US market.
