India-based Aye Finance has raised INR 1 billion (more than $14 million) in debt funding from BlueOrchard, reports said Thursday (Dec. 26). Aye Finance said it will deploy the investment to broaden its small to medium-sized business (SMB) loan portfolio across India. The debt funding...
Analysts are expecting a lucrative year for FinTech companies in 2018. Reports in American Banker this week said new research from Statista estimates FinTechs in the U.S. alone will secure $4.7 billion from investors of all kind in the new year. Many targets for those...