Tag: Lending
Amplifi Capital lands £22.5m funding to fuel Reevo Money expansion
Amplifi Capital secures £22.5 million funding from M&G Investments.
UK-based fintech plans to expand Reevo Money, its personal loan platform, nationwide.
Reevo Money,...
BNPL lender Sunbit secures $310m debt facility with Citi and Ares Management Credit
Sunbit secures a $310 million debt warehouse facility from Citi and Ares Management Credit.
Builds upon a previous $250 million debt facility obtained...
YouLend secures £4bn private securitisation deal with JP Morgan
UK-based YouLend announces private securitization deal with JP Morgan.
The deal enables YouLend to extend £4 billion in revenue-based financing to SMEs.
SMEs...
Bilt Rewards more than doubles its billion-dollar valuation with new $200m equity investment
Valuation Milestone: New York-based Bilt Rewards reaches a valuation of $3.1 billion after securing a $200 million equity investment.
Key Investors and Leadership Changes:...
Ally Financial sells POS financing business to Synchrony
Acquisition Announcement: Connecticut-based financial services firm Synchrony to acquire Ally Lending, the point-of-sale financing business of Ally Financial.
Duel Offering Strategy: Synchrony aims to create...
BNPL firm Billink fuels European expansion plans with $32m funding from Varengold Bank
Funding Boost: Dutch paytech Billink secures a $32.1 million investment from Germany's Varengold Bank for its buy now, pay later (BNPL) platform expansion.
Expansion...