Specialty Finance / LendTech
SMB Credit Card Startup Affiniti Raises $62M In Debt and Equity
Affiniti, the expense management platform that provides co-branded credit cards for small businesses, has raised up to $62 million in debt and equity. It raised
Sunbit Secures $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management
Sunbit, the specialty finance and consumer lending giant, has secured a $355 million debt warehouse facility from J.P. Morgan, Mizuho Bank Ltd., and Waterfall Asset
Billd Secures $17.5M Funding Round to Supercharge Growth, Expand Product Suite
Billd, a financial solutions provider for commercial subcontractors, raised $17.5 million in a funding round led by LL Funds and MissionOG to support the company’s
YouLend, Castlelake Partner to Expand US SMB Funding to $1B
YouLend, the global embedded financing platform, has partnered with Castlelake to establish a new $1 billion financing facility aimed at expanding small and medium-sized business
MLG and Sipay Launch Embedded Finance and Payments Platform in the GCC
MLG, a prominent Emirati conglomerate, and Sipay, a Turkish fintech, have partnered to launch an embedded finance and payments platform in the GCC region. This
AI-Powered FinTech Lendbuzz Announces $262M Securitization
Lendbuzz, an AI-based lendtech and originator, has completed a $262 million asset-backed securitization, primarily supported by a portfolio of auto loans for new and used
KOHO Secures $190M in Equity and Debt to Fuel Growth and Continue Pursuit of Bank License
KOHO, a Canadian fintech company that offers a no-fee spending and savings account, has secured $190 million in funding, with $40 million in equity led
Klarna Partners with Fellow Fintech Adyen to Bring Buy Now, Pay Later into Physical Stores
Klarna has partnered with Dutch fintech company Adyen to introduce its buy now, pay later service to over 450,000 physical payment terminals in stores across
Capchase Partners with Stripe as their First B2B BNPL Payment Method for the US
Capchase, an innovative provider of revenue acceleration solutions for SaaS companies has partnered with Stripe, a financial infrastructure platform for businesses, to introduce the first
Gestalt Tech Announces $5.9 Million Over-subscribed Seed Fundraise for its Data Organization Software
Gestalt Tech, a Dallas/Fort Worth-based startup offering a unified data ecosystem for lenders, has raised a $5.9 million seed round led by Alpha Edison and
Drip Capital Clinches $113m to Propel Global Trade Finance Innovation
Drip Capital, a prominent digital specialty lending platform specializing in trade finance, has secured $113 million in funding, comprised of $23 million in equity from
India’s DMI Finance Lands A Further $334M Investment from MUFG
DMI Finance, the New Delhi-based specialty lending arm of India’s DMI Group, has secured a $334 million investment from Mitsubishi UFJ Financial Group (MUFG), bringing