Tagged: debt financing

UK Fintech Paddle Acquires $200M to Support SaaS Firms’ International Growth

One Pound Coin

Paddle, the provider of a complete payments infrastructure for SaaS firms, recently announced that it has raised $200 million in Series D equity and debt financing “at a valuation of $1.4bn, making it the UK’s latest unicorn.” Led by KKR, an international investment firm, with… Read More

Compute North Finalizes $385M in Funding for TIER 0 Computing Infrastructure

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Compute North, a key player in sustainable, large-scale computing infrastructure, has announced that it has finalized its growth capital round of $385 million, “comprised of $85 million in the initial Series C equity closing, co-led by Mercuria and Generate Capital with additional investors including National… Read More

Selina Finance Acquires £150M via Equity and Debt Financing Round

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Consumer lending Fintech Selina Finance has finalized a £150 million Series B round that included equity and debt financing. Selina Finance acquired $115 million in debt funding from Goldman Sachs and GGC and $35 million in equity financing led by Lightrock along with existing investors…. Read More

Fintech Novea Welcomes $55M in Equity, Debt Financing, Deal Could Reach $105M

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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

Fintech MODIFI Acquires $145M to Support Global SME Trade Among Supply Chain Challenges

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Global Fintech firm MODIFI has announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The proceeds will be channeled towards addressing rising demand and help more SMEs with trading internationally on MODIFI’s digital platform. The COVID-19 outbreak has “negatively… Read More

Familiarity Breeds More Investment in UK Businesses: BBB Report

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While more than 40 per cent of businesses in the United Kingdom have accessed external finance this year, the economic impact could be far greater, the British Business Bank’s first annual Regions and Nations Tracker reveals. The problems begin with a lack of local investors… Read More

HSBC and Temasek to Support Sustainable Infrastructure Initiatives in Asia

HSBC Bank

HSBC and Temasek revealed that they’ve formed a partnership in order to launch a $150 million debt financing platform that’s aimed at supporting sustainable infrastructure initiatives with a special focus on Southeast Asia. This project is reportedly a part of efforts to address climate change… Read More

US Fintech Unicorn Brex Introduces Venture Debt, a Product Providing Access to Debt Financing

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US-based Fintech Unicorn Brex, the all-in-one or comprehensive finance solution for growing businesses, has introduced Brex Venture Debt, a newly-developed product that gives certain clients access to debt financing. Brex currently provides credit cards, cash management accounts, spend management, and bill pay software together via… Read More

Mubadala Capital backed BNPL Fintech tabby Acquires Debt Financing to Expand MENA Region Operations

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A Mubadala-backed Fintech firm in Dubai has acquired a substantial amount of debt financing. This new round of funding for tabby reveals that Buy Now, Pay Later or BNPL companies are attracting a lot of business as the Fintech sector evolves rapidly with a rise… Read More

U.S. Fintech SeedFi Secures $65 Million Through Series A Funding Round & Debt Financing

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SeedFi, a U.S.-based fintech, has reportedly secured $65 million through its Series A funding round and debt financing. According to Crunchbase News, the company raised $15 million Series A funding and $50 million in debt. Founded in 2019, SeedFi stated it is building a new generation… Read More

Cryptocurrency Mining Firm Compute North Secures $25 million in Debt Financing & Equity

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Compute North, a U.S.-based large-scale computing infrastructure and cryptocurrency mining firm, announced on Thursday it raised $25 million in debt financing and equity to expand capacity and enable further growth. Founded in 2017, Compute North states it delivers high-performance cryptocurrency mining and infrastructure solutions to… Read More

Canadian Fintech Neo Financial Scores $50 Million Through Series A Investment Round & Debt Financing

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  Canadian fintech Neo Financial announced on Wednesday it raised $50 million between its Series A investment and debt financing. The funding round was led by Valar Ventures with participation from Tobi Lutke, the CEO and founder of Shopify; Golden Ventures; Inovia Capital; Thomvest; Afore… Read More

Mexico-Based Prop Tech Flat.mx Secures $25 Million in Debt Financing From Arc Labs

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Flat.mx, a Mexico-based prop tech startup, has reportedly secured $25 million in debt financing from Arc Labs. Founded in 2019, Flat.mx claims it is flipping the way homes are sold in Mexico. “With a deep layer of technology and data, Flat simplifies the painful process… Read More

Australian Wealthtech Picture Wealth Secures A$12 Million via Equity and Debt Funding Round, Acquires NEO Financial Solutions

Australia Money

Picture Wealth has finalized a A$12 million equity and debt funding round. The wealth management firm is planning to transform Australia’s financial advisory and superannuation sector. Picture Wealth has also acquired financial services licensee NEO Financial Solutions (NFS) for an undisclosed amount. Following the acquisition,… Read More

Mexican Fintech Credijusto Secures $100 Million in Debt from the Credit Suisse Group to Help Finance Local SMEs

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Credijusto, a Mexican Fintech firm, has revealed that it has secured $100 million in debt from Credit Suisse Group, a Switzerland-based multinational wealth manager, investment bank and financial services company. Credijusto says that it acquired the capital in order to issue more loans to SMEs… Read More

India-based Aye Finance Secures INR 1 Billion ($14 Million) in Debt Financing from BlueOrchard

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India-headquartered Aye Finance has acquired INR 1 billion (over $14 million) in debt funding from BlueOrchard. Aye Finance’s management noted that it will use the capital raised to further expand its line of products and services (in India), which mainly include its small to medium-sized… Read More

U.S. Fintech PayJoy Secures $20 Million In Debt Financing From Arc Labs

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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

BlueVine Extends Reach With Up to $130 Million in New Debt Financing & Business Credit Line

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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

Online Lending Platform EarlySalary Secures Rs 5 Crore Debt Financing Investment From IFMR Capital

India Money

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

LENDIO: SMALL BUSINESSES TURN TO UNCONVENTIONAL SOURCES FOR FUNDING

Lendio

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

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