Tag: Lending

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Saudi fintech start-up Tameed raises $15m Series A

Saudi Arabian fintech start-up Tameed secures $15 million in Series A funding led by Al-Romaih Investments. Tameed plans to use the funds to...

HSBC reportedly enters race to buy Tesco’s banking business

HSBC expresses interest in acquiring Tesco's banking arm, submitting an offer, as reported by Sky News. Tesco Bank, headquartered in Edinburgh, Scotland, was...

Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment

Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment. The investment...

BNPL fintech Tabby lands $700m debt facility from JP Morgan

Funding Boost: Middle Eastern BNPL fintech Tabby secures a $700 million debt facility from JP Morgan. Record-Breaking Deal: The facility is touted as...

BCFC launches lending app in Bahrain powered by Codebase Technologies and Atyaf eSolutions

BCFC's New App Sahel Launch:Bahrain Commercial Facilities Company (BCFC) collaborates with Codebase Technologies and Atyaf eSolutions for its cloud-based credit and lending...

UK neolender Updraft secures £272m in mix of debt and equity funding

Updraft, a UK neolender, concludes a successful year with £272 million in debt and equity funding. £250 million forward flow arrangement secured with...