December 17th, 2018
Bank of China has signed a strategic cooperation agreement with the All-China Federation of Industry and Commerce to further expand financing channels for private companies, especially small businesses, to expand their footprints globally.
"As part of BOC's efforts to support private companies, the strategic cooperation will help the...
July 27th, 2018Digital money lending startup, Aye Finance has raised USD 10 million in debt funding from Triple Jump BV and MicroVest Funds, through the issuance of non-convertible debentures. This is the 10th financing round for Aye Finance in the year 2018, the company informed in a statement. Since January, it has cumulatively raised ₹255 crore of...
June 1st, 2018Another Lending Platform CoinTribe raises over $10 million equity capital in Series-B round led by Sabre Partners along with participation from existing investor, Puneet Dalmia.
In last one month, twelve fintech companies raise funding, the average range of funding is from $250000 to $15 million.
Gurugram based...
May 31st, 2018Hyderabad-based fintech startup CredRight raises 9 Crore from Accion Venture Lab, YourNest, an early stage venture capital fund along with other individual investors.
Lending platform CredRight provides a loan to unserved and underserved micro, small, and medium enterprises (MSMEs).
The company partners with chit funds, which are...
May 15th, 2018Mumbai- India’s payment startup PayMate announced the acquisition of Z2P (Zaitech Technology Pvt. Ltd.), a digital lending platform which provides hassle-free and real-time credit using social and banking data along with proprietary analytics and AI.
The acquisition is expected to be completed by May 2018 and it follows the...
May 15th, 2018Gurugram based fintech platform Aye Finance raises another Rs. 30 crores debt funding from India's leading public sector bank State Bank of India (SBI).
Earlier Aye Finance raises Rs 30 crores as debt financing from BlueOrchard Finance Ltd. Also, this is the second time that the SBI has extended a debt facility to Aye to lend more...
April 28th, 2018Capital Float, a leading digital lender platform announced that it raised a debt-funding round of Rs 48 crores from Triodos Investment Management (Triodos IM), an asset management company based in Netherlands and owned by Triodos Bank, a global leader in sustainable banking.
Capital Float raised over $107 million as equity funding...
