Payroll fintech OneBlinc secures $100m credit facility with Clear Haven
The fintech landed $20 million in a Series A funding round in June 2022.
The fintech landed $20 million in a Series A funding round in June 2022.
The new facility has been provided by US investment firm Victory Park Capital.
The Savings Bank Group says the new lending platform will enhance its digital offerings and operational efficiency.
According to an SEC filing, the merger is set to close “on or about” 22 August 2023.
The round was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.
The facility is being provided by Chicago-based investment firm Victory Park Capital.
On completion of the deal, Svatantra says it will become the second largest microfinance entity in India.
Learn what tools and tech enable Banca AideXa to provide quick and efficient loans to SMEs.
The Chilean firm will use Thought Machine’s Vault Core to develop personalised financial products.
The bank says it wants to enhance the lending experience for its customers by moving to a single platform.
The Texas-headquartered company has implemented Provenir’s Data and Decisioning Platform.
Once approved, small businesses will have instant access to up to $75,000 of working capital.
All of Koyo’s existing loans have been transferred to Capquest for management.
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
The joint venture is central to the Italian bank’s strategic plan to strengthen its technology ecosystem.
Bain Capital will pick up a 90% stake, with current CEO Gaurav Gupta retaining the other 10%.
David Morris discusses automation, its impact on customer service and the changing nature of branch-based banking.
Salmon says the investment marks the “largest ever” debt financing for a Series A tech company in the Philippines.
An insightful journey through the experience of the successful implementation of the hybrid start-up model.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
The partnership seeks to provide better financing opportunities to foreign-born students in the US.
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
Watch the highlights video from FinTech Futures’ 40th anniversary summer networking party.
The fund will have an initial size of €67 million, with increases subject to consent from the lenders.
Mambu’s cloud technology and Knowit’s loan origination solution are to support the SPK’s housing loan offering.
Launching this September, Grow seeks to provide businesses with better cash flow, management and capital.
Qardy will provide its financing services to Egypt’s SME community through Egypt Post’s numerous post offices.
Cover story: THE BEST OF BANKING TECH USA – Winners and pictures from an amazing night.
The company’s co-founder Hann Liew confirmed his and Lucas Ooi’s decision this week.
The new transaction is backed by Citi and Channel Capital, and the initial facility will be for €67 million.
We’re celebrating our 40th anniversary on Thursday 6 July at our spectacular summer party!
Our weekly fintech round-up for you to get the latest funding news from around the world.
Lentra plans to use the new funds to fuel its international expansion and product development.
Amplifi Capital is the company behind UK financial services brands My Community Finance and Reevo Money.
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Take a look at the 2023 Banking Tech Awards USA well-deserved winners.
With the funding, Teylor plans to facilitate its growth and enable it to meet the financing needs of SMEs.
Pipe makes new hires across technology, innovation, product, risk, and operations.
This year’s FinovateSpring conference has put digital transformation and innovation at the top of the agenda.
Julie Ashmore moves to Muse Finance from NatWest Rapid Cash where she was CEO.