Tag: Consumer/Personal Finance
Egypt’s MNT-Halan raises $157.5 million, plots regional expansion
Key Points:Funding Sources:International Finance Corporation (IFC): $40 million
Other Investors: Development Partners International (DPI), Lorax Capital Partners,...
US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise
Summary of Aven's Series D Funding and Expansion PlansCompany: Aven, a credit solutions start-up based in San Francisco,...
Mexican fintech start-up OCN lands $86m Series A funding round to drive international expansion
Summary of OCN Securing $86 Million Series A FundingCompany: OCN (formerly OneCarNow), a Mexican fintech start-up.
Funding Details:...
Bain Capital to acquire US fintech Envestnet in $4.5bn deal
Bain Capital to Acquire Envestnet for $4.5 Billion: Key PointsAcquisition Announcement:Bain Capital will acquire US wealth management...
Apple partners Santander’s Zinia for BNPL financing services in Germany
Apple Partners with Santander’s Zinia for Payment Solutions in Germany
Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer...
Allpay and The Bank of London partner to streamline payments for the UK social housing sector
Allpay Signs Multi-Year Partnership with The Bank of London:Partnership Goals:Simplify and expedite payments using prepaid cards.
Target...
US fintech Solutions by Text lands $110m in growth financing
Funding Announcement:Solutions by Text (SBT) secured $110 million in growth financing.
The round was co-led by StepStone...
ICYMI fintech funding round-up: Kudos, Teal, WeMoney and more
Kudos Secures $10.2 Million in Series A Funding:Funding Round:Amount: $10.2 million
Led by: QED Investors
Other Participants:...
Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform
Partnership and Platform Details:Partnership: Long-term collaboration with Backbase.
Objective: Launch a digital Islamic banking super-app for retail customers.
...
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
Overview:Entity Involved: US Consumer Financial Protection Bureau (CFPB).
Target: SoLo Funds, a peer-to-peer (P2P) lending platform.
Allegation: Deceiving...
Pierre-Yves Guegan named as new COO of CCF Group in France
New COO Appointment: Pierre-Yves Guegan has been appointed as the new Chief Operating Officer (COO) of the French...
Digital lending platform Blend Labs bags $150m funding from Haveli Investments
Investment Details: Haveli Investments, a technology-focused private equity firm based in Austin, USA, invested $150 million in Blend...