Lending
Square 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.
Read MoreSwiss Marketplace Lending Volume Surged 42.5% to CHF 15.4 Billion in 2020
In 2020, the total volume of new debt capital brokered through online platform in Switzerland grew 42.5% to CHF 15.4 billion. This represents a 183% increase from 2017 during which total volume of marketplace lending in Switzerland totaled CHF 5.4
Read MoreEuropean Buy Now Pay Later Market Heats Up
Buy now pay later (BNPL) arrangements, which allow customers to buy items on credit and pay the money back over time, is witnessing record growth in Europe with demand from consumers rising and investor sentiment remaining overall optimistic, according to
Read MoreDigital Lending Platform LoanPro Bags US$100 Million From Series A Fundraise
LoanPro, a SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, announced it has raised a US$100 million growth equity investment in a Series A funding round from FTV Capital, a growth equity investor. As part
Read MoreWas sind die Vor- und Nachteile bei einem Lombardkredit?
Mit dem Begriff Lombardkredit können nicht alle Verbraucher etwas anfangen. Diese vergleichsweise seltene Kreditform ist jedoch seit dem 14. Jahrhundert verbreitet und gehört zu den ältesten Bankangeboten. In bestimmten Situationen ist der Lombardkredit sehr interessant – gleichzeitig hat diese Variante
Read MoreNSF lanciert den SME Lending Fund Switzerland
Über die Schweizer Marketplace Lending-Plattformen Cashare, Crowd4Cash und Lend investiert der neu aufgesetzte Anlagefonds von NSF diversifiziert in Schweizer und liechtensteinische KMU Kredite. Professionelle und qualifizierte Anleger erhalten dadurch die Möglichkeit, Unternehmen, die das Rückgrat der Schweizer Wirtschaft bilden, durch
Read MoreUK’s Credit Scoring Platform ClearScore Secures US$200 Million Investment
ClearScore, a UK-based free credit scoring service and marketplace, announced that it has secured US$200 million from global equity investor Invus Opportunities, pushing its valuation to US$700 million. The investment is a mix of primary and secondary, with existing investors
Read MoreKlarna Launches its Shopping App in Switzerland
Swedish Buy Now, Pay Later (BNPL) platform Klarna announces the launch of its shopping app in Switzerland. Besides searching for inspiration and products, all purchases can be made directly via the Klarna app. Users will also be able to manage
Read MoreMexican Fintech Credijusto Acquires Banco Finterra for Under US$50 Million
Credijusto, a Mexican lending platform for small businesses, announced the acquisition of a local bank Banco Finterra which specialises in financing solutions for small businesses and the agriculture sector. According to Reuters, Credijusto acquired the regulated bank in a deal
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