Wayflyer raises $150M on a $1.6B valuation for a new spin on providing loans to e-commerce merchants – TechCrunch

E-commerce has continued to boom in the wake of the COVID-19 pandemic, but running an e-commerce…

Kenyan fintech Asilimia raises $2 million in a pre-seed round, plans to extend loans to MSMEs and expand in East Africa – TechCrunch

Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide…

Fintech Lender Upstart Says It Won’t Keep Excess Loans on Balance Sheet

Fintech lender Upstart Holdings Inc. will no longer park loans on its balance sheet that financial…