Tag: Lending

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Empower Finance strikes deal to buy Petal with Cashalo acquisition completed

Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...

Alisa Bank snaps up invoice financing fintech Puro Finance to bolster SME services

Merger Details:Alisa Bank in Finland is set to acquire invoice financing fintech Puro Finance through a share exchange. The acquisition will result...

Risk management specialist Abrigo snaps up TPG Software for investment accounting tech

Acquisition of TPG Software by Abrigo:Abrigo, a provider of compliance, credit risk, and lending solutions, has acquired TPG Software, a financial software...

Colombian BNPL firm Addi lands $86m in equity and debt funding

Colombian buy now, pay later (BNPL) firm Addi has secured $86 million in funding, comprising $50 million in debt financing from Goldman Sachs...

April taps Dutch fintech Ohpen to power its UK mortgage offering

April Mortgages, a fixed-rate mortgage provider, has teamed up with Dutch core banking technology firm Ohpen to enhance its lending operations in the...

Stax Payments founders launch business credit decisioning platform Worth AI

Sal Rehmetullah and Suneera Madhani, founders of US fintech Stax Payments, have launched a new AI-powered business credit score and financial underwriting platform...