BlueVine raised another $12 million from new investors M12, Microsoft's venture fund, and the venture arm of insurance and financial services provider, Nationwide. The announcement comes eight weeks after BlueVine, a provider of online working capital financing to small and medium-sized businesses, said it had
Plastiq raised $27 million in additional financing from Atlas Venture, Khosla Ventures, and Top Tier Capital Partners. Plastiq is “bill pay with benefits,” enabling one million business owners and consumers to use a credit card for expenses like rent or business supplies that normally require a
Consumer credit platform LendingPoint closed a $600 million committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners. According to the company, LendingPoint has developed proprietary risk models that use APIs to gather data points on applicants, providing a
Credit card startup Petal announced today that it has raised $13 million in Series A financing, led by Valar Ventures, a New York-based venture capital fund. Petal’s existing investors also participated in the round, including Brooklyn Bridge Ventures, Afore Capital, Rosecliff Ventures, Great Oaks Venture
White label loan origination and investing platform provider Insikt brought in $50 million in Series D financing, led by Coppel Capital, with participation from FirstMark Capital, Revolution Ventures, and Colchis Capital. By working directly with partner businesses, Insikt is on a mission to provide underserved individuals,
Financial technology company WeLab announced it secured $220 million in Series B financing. Three investors participated in the round: Alibaba Group, IFC, and Credit Suisse. Founded in 2013 in Hong Kong, WeLab’s proprietary risk management technology is designed to analyze unstructured mobile big data to make
Braviant Holdings, a leading fintech startup that offers analytics and technology-driven credit solutions for underserved Americans, has entered into a $40 million Senior Secured Credit Facility with Redpoint Capital Group for its wholly-owned subsidiary, Balance Credit. Since inception, Balance has facilitated nearly $100 million in credit
Fintech startup Deserve announced the completion of $12 million in financing led by Accel Partners, with participation from Aspect Ventures and Mission Holdings. Deserve is a next gen fintech company that plans to help millennials and Gen Zs gain access to fair credit products through machine
CardX announced the completion of $2.1 million in financing led by NXGEN. CardX provides zero-cost credit card acceptance solutions to businesses, government, and education by passing on the credit card fee. This allows customers to choose a lower-cost option, making payments more fair for everyone. It
Payment technology startup Fattmerchant announced the close of $5.5 million in financing from Fulcrum Equity Partners. Fattmerchant offers a credit card processing model for small business that focuses on payment technology, human customer support, and simple merchant services. Based in Orlando, Florida, it supports retail and