PayJoy, a San Francisco fintech startup, announced on Thursday it secured $20 million in debt-financing from Arc Labs, a venture partner to innovative companies serving the underbanked. According to PayJoy, the financing was given to bring smartphones and credit to the underbanked in Mexico. Founded in… Read More
Read more in: Fintech | Tagged arc labs, debt financing, mexico, payjoy, u.s., united states
Fintech startup BlueVine announced on Tuesday it has expanded its reach with up to $130 million in new debt financing and business credit line, allowing business owners to make monthly, instead of weekly, payments, over 12 months. The company shared it introduced the new product… Read More
Read more in: Fintech | Tagged ana sirbu, bluevine, business credit line, debt financing, eval lifshitz
India-based online lending platform EarlySalary has reportedly received Rs 5 Crore debt financing investment from IFMR Capital. Founded in 2015 by Ashish Goyal and Akshay Mehrotra, EarlySalary stated that it is building its mobile first platform, smart risk scoring system, and will soon introduce a fast/easy… Read More
Read more in: Investment Platforms and Marketplaces | Tagged akshay mehrotra, ashish goyal, debt financing, earlysalary, india, irma capital, kshama fernandes
Acquiring capital is a challenge that virtually every small business faces at some point or another. Financing a startup is not always easy, but, traditionally, entrepreneurs have relied upon small business loans to get their new companies up and running. Today, however, securing such capital… Read More
Read more in: Investment Platforms and Marketplaces | Tagged debt financing, lendio
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