Tagged: Debt Funding

UK’s Digital Identity Firm Yoti Receives £12.5M in Debt Funding from HSBC and £7.5M in Convertible Debt Funding

Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders. The £20 million funding will “support the continued growth of the company through to achieving profitability and beyond.” This funding round follows… Read More

Fintech: Digital Finance Platform Funding Societies Secures $27m in Debt

Funding Societies, also known as Modalku, Southeast Asia’s largest unified SME digital finance platform, has successfully secured $27 million in debt funding, led by private credit financier AlteriQ Global. Multi-family office Aument Capital Partners (ACP) and sustainability-focused fund Orange Bloom also contributed to this funding… Read More

Credit Card Fintech Yonder Acquires $77.6M via Series A to Transform Consumer Relationships with Credit

Challenger credit card Fintech Yonder announces a raise of $15.5 million (£12.5 million) in equity and $62 million (£50 million) in debt following its Series A funding round. The investment round was “co-led by Northzone and RTP Global alongside angel investors Joseph Moore, founder of… Read More

BNPL: B2B Buy Now Pay Later Platform Tranch Raises $100M Seed Round

Tranch, a buy now pay later (BNPL) platform for SaaS sellers and services providers, has raised $100 million in seed equity and debt funding “to bring payment flexibility to a wider pool of B2B customers.” The investment round was “led by Soma Capital (New York-based… Read More

Fintech TomoCredit Acquires $122M in Funding to Expand Credit Offerings

TomoCredit, the immigrant founded credit card lending to more than 40 million credit-“invisible” immigrants and international students with no credit history in the U.S, announced that it raised $122 million in equity and debt. The investment round has attracted investors “including Morgan Stanley’s Next Level… Read More

Indian Fintech Aye Finance Secures $23.8 Million in Debt Funding within 15 Days from Major Local and International Investors

Capital G-backed Aye Finance, a leading Fintech lender, has reportedly secured INR 180 crore (appr. $23.8 million) in debt funding in the past 15 days from several major firms in India and investors located abroad. Aye’s management noted that it managed to acquire these funds… Read More

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