Until recently, offering that credit product has been easier said than done, involving finding a bank sponsor to handle compliance, risk modeling, underwriting — the list goes on. For any FinTech or B2B company looking to make its mark and build a niche offering, the...
Today in FinTech news, Flutterwave is bringing digital payments to the East African country of Tanzania, while startup Stilt is earmarking its Series A capital to expand its mission-driven lending platform. Plus, J.P. Morgan shareholders want tech spending transparency from CEO Jamie Dimon. FinTech Flutterwave Debuts...
Stilt, a financial services startup focusing on assisting immigrants, raised $14 million in a Series A equity funding round and a $100 debt facility for loans to customers, according to reports. The equity funding was led by Link Ventures with participation by Petrushka Investments, Hillsven...
Today in B2B payments, restaurant supply chain marketplace notch introduces a B2B payment platform, and Stilt launches a credit platform after a $14 million fundraising round. Plus, almost three-fourths of chief financial officers (CFOs) at large corporations say digitizing their business payments is a priority....
December 05, 2022
JG Wentworth has acquired FinTech and personal loan lender Stilt’s digital lending platform. With the acquisition, JG Wentworth, a consumer financial services company, will accelerate its entry into consumer lending, the company said in a Monday (Dec. 5) press release. “The Stilt platform will provide industry-leading digital capabilities to JG Wentworth’s customers with a user-friendly experience and […]
March 23, 2022
Stilt, a financial services startup focusing on assisting immigrants, raised $14 million in a Series A equity funding round and a $100 debt facility for loans to customers, according to...
January 27, 2021
Stilt, which works in financial services for immigrants, has raised a $100 million warehouse facility from Silicon Valley Bank, according to a press release. The company has thus far raised...
