Specialty Finance / LendTech
Affirm Extends Rally on Cyber Monday Boost as BNPL Lending Surges
Affirm, the market leading specialty finance and BNPL service provider, saw its share price surge this past week following fresh economic data from Cyber Monday.
Marqeta and Credi2 Team Up to Provide New Installment Capabilities for Banks in Europe
Marqeta, the modern global card-issuing platform enabling some of the world’s most innovative embedded finance solutions, has partnered with Credi2, a leading specialist in white
Grasshopper & Capchase to Offer Financing to SaaS Startup Banking Clients
Grasshopper, a digital bank offering free, high-yield business checking accounts, has partnered with Capchase, a provider of non-dilutive financing solutions for SaaS companies, to offer
US Consumer Finance Regulator Wants to Extend Oversight to Big Tech
The US Consumer Financial Protection Bureau (CFPB) announced this week that it seeks increased oversight powers to regulate digital wallets and payment applications provided by
British Fintech Railsr Sets Sights on Growth After £20M Funding Boost
Railsr, a London-based open-API banking and compliance platform that gives regulated and unregulated companies access to global banking, has secured $24 million in funding from
Sygnum, Float & Fasanara Join Forces to Tokenise Private Debt Markets
Sygnum, the world’s first digital asset bank concentrated on empowering institutional and private investors, corporates, and banks to invest in the digital asset economy, announced
Mexican Auto Financing Platform Nexu Raises $20M
Nexu, a startup providing financing solutions to car dealerships in Mexico, making it easier for drivers to access financing and acquire vehicles, has secured $20
Goldman Sachs Agrees to Sell GreenSky to Sixth Street-Led Consortium
Goldman Sachs agreed to sell GreenSky, its home improvement lending unit, and its associated loans, to a consortium led by Sixth Street Partners. While
Lendbuzz Raises $345 Million to Expand its AI-Powered Auto Finance Platform
Lendbuzz, the Boston-based specialty finance lendtech specializing in auto loans using alternative data, machine learning, and deep neural networks, has raised $345 million in equity
Bright Money, an AI-Based Fintech Platform, Raises $62M to Revolutionize Global Credit Banking
Bright Money, a Bengaluru and San Francisco-based fintech that helps consumers manage their finances, has raised $62 million in a Series B round. Bright Money
Oracle and Mastercard Enable Customers to Get Faster Access to Working Capital
Oracle and Mastercard have partnered to automate end-to-end B2B payment transactions for enterprise customers. The partnership will enable Oracle to connect its Fusion Cloud Enterprise
Citi Selects Foro Holdings, Inc. to Scale Its Bridge built by Citi Platform via Strategic Investment and Sale
Citi announced this week the acquisition of its Bridge built by Citi platform by Foro Holdings, a commercial lending services provider. The move will have