Lentra, the class-leading Cloud lending platform, has closed its  Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for International expansion, including the USA.

Northteq, Inc., a leading provider of Salesforce origination solutions, announced today the launch of the Aurora Customer Portal. The portal is a customer servicing platform with an intuitive interface and easy navigation that helps equipment finance lenders improve customer satisfaction and ease employee workloads.

Fintech Little Birdie has launched its new app to support people across the UK who are now questioning the subscription services they signed up to during the pandemic, with fears these could push them into debt as households struggle with soaring costs.

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced its partnership with Member Access Processing (MAP), the nation's leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform for credit unions. By partnering with equipifi, MAP's credit union clients will be able to offer BNPL solutions on their credit and debit transactions.

Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding

Partnerships 

SPENN and Mastercard Partner to Boost Digital Inclusion in Africa

Spenn and Mastercard have today announced a strategic partnership that will enable Spenn Mobile Wallet users – even those without bank accounts - to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions.