PowerPay, a digital lender headquartered in the United States, has reached a significant financial milestone by successfully raising $60 million through an investment-grade corporate bond issuance. This accomplishment, with KeyBank acting as the exclusive private placement agent, marks an important
Lean Technologies, a Saudi Arabian fintech infrastructure platform, has recently secured $67.5 million in a Series B funding round. The round was led by General Catalyst, an esteemed venture capital firm, with significant contributions from Arbor Ventures, Bain Capital Ventures, and Duquesne Family
The financial technology landscape is buzzing with the introduction of Blip-Pay, a new account-to-account (A2A) payments platform by UK-based fintech startup FintechIO. Unveiled at the Open Banking Expo in London, Blip-Pay promises to change the game by utilizing open banking and real-time data to
Sunbit, a fintech company specializing in in-store consumer credit, has accomplished a significant milestone by securing a substantial $355 million debt warehouse facility. This funding venture was led by prominent financial institutions such as JP Morgan, Mizuho Bank Ltd., and Waterfall Asset
The crowdlending market in Europe is on the verge of a transformation with the advent of blockchain technology, and 8lends is positioned at the forefront of this revolution. By integrating blockchain into peer-to-peer (P2P) lending, 8lends aims to significantly enhance transparency, reduce costs,
Projections indicate that the global credit card payments market is embarking on a journey of substantial growth, with estimations showing a colossal leap to approximately USD 1,159.7 billion by the year 2033, rising from USD 533.7 billion in 2023. This transition denotes a vigorous compound annual
