Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and will launch new disruptive products in the second half of 2023. 

An innovative FinTech business dedicated to improving the payments sector through the power of technology is on track to double its market share, after accelerating growth by an impressive 80% over the last 6 months alone. 

New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.

Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young and have limited business and credit histories, and deal with inconsistent income across platforms.

Kuflink Group PLC (and associated entities, collectively “Kuflink”), one of the UK’s most respected bridging & development non-bank lenders, and European Risk Capital LLP (“ERC”)  jointly announced today that Kuflink has entered into a £35 million institutional debt facility placed by European Risk Capital with Paragon Bank PLC. 

Artificial intelligence is moving at a break-neck pace. Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts.

To facilitate international payments, Bitso — a leading financial services company powered by crypto in Latin America with 7 million users — announced its integration with the Stellar network, adding new corridors between Latin America and Europe to Stellar’s growing Anchor Network.

Airwallex, a leading global payments and financial platform for modern businesses, today announced partnership with Brex, a leading U.S.-based financial technology company, to support its global expansion. Airwallex continues to assemble a rapidly growing ecosystem of customers and partners, validating its position as a catalysing force in global money movement infrastructure and proving the power of collaborative innovation in fintech.