Tag: Lending
Indian fintech start-up Credgenics secures $50m Series B funding
Debt collection SaaS platform Credgenics secures $50 million in Series B funding led by Westbridge Capital, expanding its innovative debt resolution solutions across markets.
Facts...
Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m
Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming the second largest microfinance entity...
Torpago confirms two new senior hires following “significant growth”
US financial services platform Torpago experiences "significant growth" and makes two key appointments to expand its capabilities.
FactsTorpago, based in San Francisco, offers business...
Specialist lender Shawbrook reportedly mulling Co-operative Bank merger
UK-based SME lender Shawbrook Group is exploring a potential £3.5 billion merger with the Co-operative Bank, seeking advice from Barclays, while the Co-operative Bank...
FCA warns consumers against loan fee fraudsters amid rising summer borrowing
The Financial Conduct Authority (FCA) is combatting loan fee fraud in the UK as summer sees a peak in consumer borrowing. FCA launches a...
SumUp secures $100m credit facility to expand merchant cash advance product
SME-focused fintech SumUp obtains a $100 million credit facility from Victory Park Capital to expand its merchant cash advance product, SumUp Cash Advance, enabling...