FinTech SavvyMoney, which works in the consumer credit business, announced Tuesday (Jan. 25) that it has raised $45 million in a new funding round. SavvyMoney’s work involves letting banks and credit unions better serve customers with comprehensive credit score analysis, full credit reporting, monitoring and...
Creditas, a Brazilian start-up specializing in insurance, consumer loans and used car sales, has raised $260 million in a funding round that valued the company at $4.8 billion. As the Financial Times reported Tuesday (Jan. 25), this financing comes as investors continue to bet on...
Small- to medium-sized (SMB) lender 365 Business Finance has raised 55 million pounds ($74 million) in debt and equity financing to fund its goal of quadrupling lending by 2023. The equity round was led by Kendal Capital, the global specialty finance investment firm, while the...
Passport, a company specializing in international shipping for eCommerce, has raised $39 million in a Series B funding round. “These funds allow us to do two big things,” CEO and co-founder Alex Yancher said in a news release Tuesday (Jan. 25). “The first is to...
BasicBlock Inc., a FinTech that provides financing for the trucking industry, has completed a $78 million debt and equity raise. The Nebraska-based company said the funding will help it expand its services, add to its staff and improve client support. The round was led by...
Grocery delivery startup Calii raised $22.5 million in a Series A funding round, bringing its fundraising to date to almost $35 million, as it strives to grow its position in the Latin American (LatAm) food delivery sector. Headquartered in Monterrey, Nuevo Leon, Mexico, and founded...
Indian food delivery giant Swiggy raised $700 million and doubled its valuation to $10.7 billion, Reuters reported on Monday (Jan. 24), citing unnamed sources with insider information. Backed by Softbank, Swiggy is just behind Zomato in the booming sector of fast delivery of food and...
Latin America (LatAm) saw record funding of $15.3 billion from venture capitalists (VCs) in 2021, triple what it was in 2020, with FinTech, eCommerce and PropTech capturing nearly 75% of investments, Financial Times reported on Monday (Jan. 24). The previous record of VC funding was...
The Irish CleanTech firm Exergyn has raised $34 million in a Series A funding round to help develop its thermal management technology, according to published reports Friday (Jan. 21). Founded in 2012, Exergyn says its goal is to fight climate change with a solid-state shape...
