Lending
Swiss 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
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European 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
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Digital 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
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NSF 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
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UK’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
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Klarna 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
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Mexican 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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SoftBank Leads Swedish BNPL Firm Klarna’s Mega Fundraise of US$639 Million
Swedish Buy Now, Pay Later (BNPL) platform Klarna announced that it has secured US$ 639 million during a new equity funding round, pushing its post-money valuation to US$ 45.6 billion. The round was led by SoftBank’s Vision Fund 21, with
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BNPL Player Klarna Launches in-App Shopping Feature for UK’s Users
Swedish Buy Now, Pay Later (BNPL) firm Klarna has launched its shopping app where UK’s users can pay in three monthly installments at any online retailer, regardless of whether they’re partnered with the firm or not, directly through the its
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PostFinance to Offer Personal Loans via Fintech Startup bob finance
PostFinance, the financial services unit of Swiss Post, has partnered with Swiss digital lender bob Finance to offer personal loans. This financing solution allows PostFinance to expand its product range and offer a broad customer base access to a personal
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