Intuit QuickBooks launched the QuickBooks Line of Credit this week. It gives small businesses a new way to access funding from $1,000 to $50,000 through loans issued by WebBank. QuickBooks said the new product is uniquely designed to provide business owners with the ability to… Read More
Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More
Car Capital, a U.S.-based automotive fintech, announced on Tuesday it completes a $20 million credit line with Medalist Partners. Car Capital reported that the transaction gives it access to capital to expand its business, fund deals, and ultimately get consumers into cars. Car Capital’s proprietary, web-based platform,… Read More
UK-based Portify, a Fintech firm that provides an app and various other financial services to help grow the gig economy and assists other modern, flexible, self-employed professionals in managing their finances, has secured £7 million (appr. $9.3 million) via a Series A investment round. The… Read More
UK-based peer to business property lender, Credit Peers, announced on Tuesday it has secured a £45 million credit line from a European investment management firm. This news comes just a few months after the lender launched its platform. As previously reported, The online lender allows individuals to lend… 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.
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