Lending
London Fintech 9fin Secures £8 Million Series A Led by Swiss VC Redalpine
9fin, a London-based provider of data, news and predictive analytics for debt capital markets, has announced an £8 million Series A round to fuel its expansion into the US. The company will expand into the US market by opening a
Read MorePayments Giant Mastercard Jumps on the BNPL Bandwagon
Mastercard announced that it is set to introduce a new Buy Now, Pay Later (BNPL) offering, Mastercard Installments for its customers in the United States, Australia and the UK. The programme gives consumers a flexible, ubiquitous way to pay online and
Read MoreIrish BNPL Firm Scalapay Bags US$155 Million to Fund Its Expansion Plans
Ireland-based buy now pay later (BNPL) firm Scalapay has raised US$155 million in equity funding as part of its Series A investment round. The company is now valued at US$700 million. The latest funding round brings the total amount raised
Read MoreADB, BlueOrchard Inks US$50 Million Risk-Sharing Deal for Microfinance Programme
BlueOrchard Finance, a Swiss impact investment manager, and the Asian Development Bank (ADB) have signed a US$50 million risk-sharing agreement for microfinance coverage in the latter’s developing member countries (DMCs). The company is the first impact investment manager to work
Read MoreFQX Leverages Blockchain & Electronic Signatures to Revamp Trade Finance & Money Markets
Switzerland’s fintech startup FQX seeks to revamp how companies around the world access finance by using blockchain and tokenization to make promissory notes transferable, cross-border and more cost-efficient. Promissory notes, are financial instruments that contain a written promise by one
Read MoreFunding Circle Launches BNPL Offering ‘FlexiPay’ for SMEs
Funding Circle, a London-based lending platform for small businesses, has jumped on the Buy Now, Pay Later (BNPL) bandwagon with its own offering called FlexiPay. FlexiPay enables businesses to spread any UK invoice or supplier payment over three months, with
Read MoreAmazon Taps Affirm to Offer BNPL Payment Option at Checkout
Affirm, a US-based Buy Now, Pay Later (BNPL) firm, announced that its flexible payment solution will soon be available to Amazon.com customers at checkout. In a joint statement, Amazon and Affirm said that they are testing with select customers now,
Read MoreValuu Branches Out To Offer Personal Loans Comparison Feature
Valuu, a fully digital mortgage brokerage platform in Switzerland launched by PostFinance, is expanding its services with transparent, digital comparison options for personal loans. Five Swiss lenders Migros Bank, BANK-now, Cembra Money Bank, eny Finance and good finance are acting
Read MoreSquare Inks Deal To Acquire Australian BNPL Firm Afterpay for US$29 Billion
Digital payments company Square announced that it has agreed to acquire Australia’s Buy Now, Pay Later (BNPL) firm Afterpay in a in an all-stock deal worth approximately US$29 billion. The closing of the transaction is expected in the first quarter
Read MoreSwiss Fintech Tradeplus24 Raises $25 Million To Drive Expansion
Swiss small and medium enterprise (SME) financing startup Tradeplus24 has raked in $225 million in pre-Series B round, the startup announced. Of the total funding, $25 million is in equity financing and the remaining $200 million is in debt financing.
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