As US consumers had prepared to spend an estimated $18.5 billion on BNPL services this holiday, banks had faced a crucial challenge: how can they offer flexible lending without contributing to worsening debt cycles? With over 10 years of experience in the Fintech world, and… Read More
The European Central Bank (ECB) has released a survey on the Access to Finance of Enterprises: firms report moderate tightening of financing conditions. As noted in the update shared by the European Central Bank, firms reported little changes regarding the availability of bank loans. However,… Read More
Mortgage fintech platform BSI Financial Services has introduced Portfolio GuardianSM, an artificial intelligence-driven model that predicts the likelihood of borrowers refinancing their mortgages within a 90-day window. This AI tool generates an accurate prepayment score for each borrower in BSI’s portfolio, providing the company and… Read More
VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in Pakistan, has secured the countryās largest long-term private sector syndicated credit facility of up to PKR 75 billion (c. USD 270… Read More
GetVantage, Indiaās alternative-financing fintech platform, announced the launch of its Rise-Up Fund, dedicated to supporting women entrepreneurs with inclusive capital. This non-dilutive fund with an initial corpus of $12 million. The fund aims to deploy the capital in “the next 12 months to help over… Read More
Maybank through its Islamic Banking arm, Maybank Islamic Berhad recently launched the Shariah-compliant portfolio financing solution, “making it the first Islamic bank in the country to do so, adding to the myriad of offerings for wealth creation and wealth accumulation under the Bankās Islamic Wealth… Read More
CaixaBank and KfW IPEX-Bank are jointly providing HOCHTIEF financing for the interim construction financing of the PPP project Frankfurt (Germany) judiciary center. The project volume is in the low three-digit million range and “includes the parallel construction of two new judicial buildings in the Frankfurt… Read More
Nu Colombia, a subsidiary of Nubank (NYSE:NU) in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only “marks a significant milestone for Nu Colombia but also paves the way… Read More
Scalable Capital, a digital investment platform in Europe, announced the closing of a ā¬60 million in equity financing. The Series E extension was led “by European venture capital firm Balderton Capital with participation from existing investors, including HV Capital – underscoring their strong support for… Read More
Liberis, an embedded business finance solutions provider, announced it has secured $112 million in debt financing in order “to support its further growth in North America and Europe and expansion into new markets, including Canada, Poland and Germany.” This collaboration is set “to inject a… Read More
Bank of America (NYSE: BAC) is seeding a second round of financing for Veteran Loan Fund, doubling a two-year-old commitment that has already funded more than 500 small businesses built by former military personnel that “have created or retained more than 3,000 jobs across 37… Read More
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a sustainability-linked financing package of ā¬150 million to support Lionās Head Investments AD (LHI), a commercial property investment platform in Bulgaria and Romania. The investment will be used for the acquisition… Read More
This milestone reflects MPOWERās continued commitment “to socio-economic mobility for bright minds across the globe.” MPOWER Financing, a mission-driven fintech firm and a provider of scholarships and no-cosigner loans to promising students from around the world, announced today that it has completed a 2-year process… Read More
Founded in 2020, Silvr‘s mission is to make financing more accessible to SMEs. Silvr claims that it has rapidly become a European leader in short-term lending due “to its technology and innovative data processing tools.” This new securitized facility will “increase Silvr’s financing capacity., which… Read More
PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement “for a ā¬3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to ā¬40 billion of buy now,… Read More
Pilon, a Singapore-headquartered FinTech firm that offers cloud-based Supply Chain Financing system, announced that it has successfully secured a top-up round from Philippines-based Kaya Founders “to accelerate growth plans and strengthen its presence in the Philippines market.” This undisclosed round of funding “follows a highly… Read More
October has been providing financing to Qonto, Europeās financial management company, for almost two years now. Integrated directly via API with the Qonto platform, October “analyzes customer requests in a few clicks to provide them with an instant loan offer.” With over 40,000 active retail… Read More
Neobank Step, self-described as an “all-in-one financial solution for the next generation,” has raised up to $300 million in debt financing. The funding was provided by Triplepoint Capital and Evolve Bank & Trust. Step reports that this brings its total funding to $500 million. Step… Read More
Alviere, the provider of enterprise software solutions for embedded finance that enables brands to deliver a full suite of financial products and services to customers, fans, and employees, announced it has secured financing from Silicon Valley Bank, the bank of the worldās “most innovative” companies… Read More
Debite, the “dynamic” financing platform for early-stage companies, has announced its UK launch with a mission “to help businesses more effectively manage their cashflow and maximize their growth potential.” Tackling one of the primary reasons why most start-ups fail, Debiteās Buy Now Pay Later model… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.Ok
