Search Results for: long-term financing

June 18, 2023 @ 3:38 pm By Omar Faridi  |  

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

February 11, 2023 @ 12:45 pm By Omar Faridi  |  

October has been providing financing to Qonto, Europe’s 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

October 11, 2022 @ 9:23 am By JD Alois  |  

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

June 25, 2022 @ 4:07 pm By Omar Faridi  |  

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 world’s “most innovative” companies… Read More

June 1, 2022 @ 7:35 am By Omar Faridi  |  

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, Debite’s Buy Now Pay Later model… Read More

April 21, 2022 @ 11:18 pm By Omar Faridi  |  

QuadFi, which claims to be a “mission driven” global fintech firm headquartered in Canada, has announced that it entered into an agreement for “a new financing facility of up to $100 million (CAD $127 million) with Crayhill Capital Management, a New York-based minority-owned private credit… Read More

February 25, 2022 @ 7:12 pm By Tony Zerucha  |  

Bitfarms (NASDAQ: BITF, TSXV: BITF), a global Bitcoin self-mining company, has entered into a $32 million equipment financing agreement, the company announced this week. “This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining operations so… Read More

December 21, 2021 @ 1:23 pm By Tony Zerucha  |  

Novea, a Fintech software company, announced this week it has closed $50 million in equity and $5 million in debt financing. The equity proceeds will go towards wholly-owned subsidiaries Jacana Warranty and Jacana Insurance, to support a proprietary user application platform it developed which services… Read More

October 18, 2021 @ 11:37 am By Omar Faridi  |  

At the beginning of October 2021, Debitum, a Lithuania-based financing platform, had reportedly asked Cubefunder to repay all the invested amounts and earned interest to their investors. On October 8, 2021, all final payments “were made,” the Debitum team confirmed in a blog post. Therefore,… Read More

July 30, 2021 @ 7:56 am By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that during the month of July 2021, new changes to the Prompt Payment Code came into effect. Announced in January of this year, the changes have been designed “to strengthen the position… Read More

July 24, 2021 @ 3:30 pm By Omar Faridi  |  

MPOWER Financing, a global education loan provider, recently secured an equity investment of $100 million. The new funding is in addition to the $60 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS… Read More

May 19, 2021 @ 1:18 pm By Samantha Hurst  |  

  Sezzle, Inc. (ASX: SZL), a U.S.-based installment payments platform, announced on Wednesday its long-term financing options with Ally Lending, a personal lending arm of Ally Bank, the banking subsidiary of Ally Financial (NYSE: ALLY). Sezzle reported that the financing solution expands upon its core product, offering… Read More

May 12, 2021 @ 8:05 am By JD Alois  |  

Join us at the Center of Fintech in Canada (May 11-13) In its 7th year, the 2021 Fintech & Financing Conference and Expo (FFCON21) is an established ecosystem conference that brings markets to life, industry together. and advances the growth of fintech and funding markets in Canada…. Read More

May 9, 2021 @ 2:17 pm By Omar Faridi  |  

Peer to peer (P2P) lending has been a relatively popular or widely-adopted business model and it has seen many new platforms attempting to offer these types of services, the Debitum team writes in a blog post. However, Debitum, a Lithuanian platform offering borderless SME financing,… Read More

May 3, 2021 @ 8:30 am By Omar Faridi  |  

We recently caught up with Bhavik Vasa, founder and CEO at GetVantage, which is India and Southeast Asia’s first revenue-based financing Fintech platform. Vasa talked about the different challenges entrepreneurs face as they work on developing new products and services. Vasa explained how GetVantage‘s unique… Read More

April 15, 2021 @ 10:19 am By JD Alois  |  

Solar investment marketplace Trine is reporting that a debt offering seeking €750 000 closed in just 5 hours, the fastest loan funded through Trine’s impact investment platform to date. The investment platform said that the debt financing for Redavia, a firm offering solar farms to… Read More

April 7, 2021 @ 3:50 pm By Samantha Hurst  |  

  SoFi, one of the most successful fintechs in the U.S., announced on Tuesday it has launched auto loan refinancing through its financial services product comparison platform, Lantern. SoFi reported it launched auto loan refinancing through its partnership with MotoRefi, an auto fintech startup on a… Read More

March 15, 2021 @ 11:17 pm By Omar Faridi  |  

Indonesia-based Validus’ subsidiary Batumbu has obtained regulatory clearance to serve as a licensed and authorized online financing platform. The approval has been given by the Indonesian Financial Services Authority (OJK). Since it first began offering services in 2019, Batumbu has reportedly issued more than S$207… Read More

February 23, 2021 @ 10:56 pm By Omar Faridi  |  

Lithuania-based Debitum, which offers borderless small business financing, notes that December 2020 was the month that “concluded a great year” for the platform. During 2020, Debitum managed to reach several key milestones: more than 3 million EUR outstanding portfolio, more than 20 million EUR of… Read More

February 21, 2021 @ 7:44 pm By Omar Faridi  |  

Fundrise, a real estate investment platform using Reg A+ to provide access to “eREITs and eFunds,” notes that it’s hard to imagine a single person or industry who may have been left untouched by the unprecedented events of 2020 (following the COVD-19 outbreak). Fundrise is… Read More