Lendio picks up $20m round after lending grows 93%
Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.
CreditMate scores half a million for vehicle financing
Indian lending startup CreditMate has raised $500,000 from early-stage investor India Quotient. The Mumbai-based startup focuses on financing users against used two-wheeled vehicles.
Invoice financing startup KredX secures $6.25m
Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate.
Lendingkart acqui-hires personal loans startup KountMoney
Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.
Bezahlt picks up €3.5m for invoice financing
German invoice financing startup Bezahlt has picked up €3.5m in funding through a mixture of equity and debt.
Finrise banks $5.4m for healthcare financing
Healthcare financing platform Finrise has raised $5.4m in a debt and equity seed round. The funding was led by Mayfield with NFX Guild, WTI Holdings and angel investors also investing.
South Korean insurer buys 4.1% stake in lending Club for $66m
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.
First Circle pockets $1.2m for SME lending in South-East Asia
South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.
Affirm nabs $100m credit facility from Morgan Stanley
Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.
Klarna expands retailer financing with e-commerce partnerships
Swedish payments service Klarna is expanding its retailer financing offering through a new wave of UK partnerships with a e-commerce brands including Shopify, Worldpay, BigCommerce and CyberSource.
