Lending

Tala Raises US$145 Million Series E, Plans to Roll Out Crypto Products

Tala, a Californian digital financial services provider in emerging markets, announced that it has secured a US$145 million Series E fundraise led by Upstart with participation from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group also

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Advisory Firm Nebula Capital Partners Set to Launch BNPL-Focused Fund

London-based advisory firm Nebula Capital Partners (NCP) is launching a fintech lending focused fund project which bridges the gap between traditional and digital finance. NCP aims to bring the emerging asset classes of digital lending and embedded finance to professional

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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

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Payments 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

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Irish 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

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ADB, 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

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FQX 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

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Funding 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

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Amazon 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,

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Valuu 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

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