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Posts Tagged ‘Funding’

DirectID backed by IKEA store owner’s investment business

By Ellie Duncan | 22 February 2023

The credit risk fintech will use the funding from Ingka Investments to launch more predictive models built using Open Banking data and expand into new markets.

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Zopa buys BNPL platform DivideBuy

By Ellie Duncan | 16 February 2023

The acquisition, which is due to complete in the next few months, is Zopa’s first and will help it “bring to life BNPL 2.0”.

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Pakistan’s AdalFi backed by Plaid execs in $7.5m funding round

By Ellie Duncan | 16 February 2023

Since its launch in 2021, the digital lending infrastructure provider has already signed up 14 banks, to help them offer loans to consumers and businesses.

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TD Bank unveils Black Entrepreneur Credit Access program

By Ellie Duncan | 14 February 2023

The program will provide Black-led businesses with dedicated support and financing, addressing the “obstacles” Black entrepreneurs typically face.

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Fintech Omnio secures €9m of equity funding

By Ellie Duncan | 13 February 2023

Omnio, which is targeting a €12 million fundraise, will use the working capital to complete its upcoming merger with Nordiska and Swiss Bankers, and a market listing.

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Zopa Bank raises £75m to pursue M&A deals

By Ellie Duncan | 3 February 2023

The UK-based digital bank secured the new funding from existing investors.

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Moov Financial raises $45m in Series B round led by Commerce Ventures

By Ellie Duncan | 2 February 2023

The payment platform will use the proceeds to ‘refine’ and scale its platform, and grow payments use cases.

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UK lenders call on government to support better data sharing to help SMEs access funding

By Ellie Duncan | 27 January 2023

In an open letter, signed by lenders including Atom Bank, Funding Circle, Allica Bank, Plaid and Codat, they propose an SME Funding Passport.

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B2B BNPL platform Tranch secures $100m in funding round

By Ellie Duncan | 25 January 2023

The platform for SaaS sellers and services providers will use the proceeds from new and existing investors to grow its US-based office.

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Fintechs Canada grows membership with addition of Plooto

By Ellie Duncan | 13 January 2023

Plooto CEO Hamed Abbasi said it will work with Fintechs Canada to “to turn our country into the undisputed fintech innovation hub of the world”.

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