venture capital
Leading global fintech AND Global, today announced it has raised $21.4 million USD in a Series B funding round led by the International Finance Corporation (IFC), a member of The World Bank Group, and AEON Financial Service, a leading Japanese financial group active in 11 Asian markets. Other investors
lending
Leading financial services software firm Finastra has gone live with the Loan IQ platform at the Japan International Cooperation Agency (JICA). This project aims to modernize JICA's core system for private-sector investment finance, an increasingly expanding initiative that provides loans to private sector projects in developing countries. The
lending
Mumbai-based digital lending startup Zype has raised Rs 90 crore ($10.2 million) in a fresh funding round led by Japanese venture capital firm Unleash Capital Partners. Existing investor Xponentia Capital also participated in the round. This round comes after the 2022-founded startup raised its first major institutional round of
lending
Debt collections is the backbone of lending, however collections today are run by collection agencies who care very little about the borrower and mostly care about their commissions. With a vision to build India’s best collections company, DPDzero has announced raising $7million in Series-A funding led by GMO VenturePartners
consumer finance
Sumitomo Mitsui Financial Group, along with its subsidiaries Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Card, announce the addition of "Money Assist" provided by Sumitomo Mitsui Card to the product lineup of the comprehensive financial service "Olive" offered to individual customers. "Money Assist" is
banking
AEON Credit Service reported a 14.9% year-on-year growth in revenue to MYR 599.92m in the first fiscal quarter ending 31 May 2025, compared to MYR 522.26m in the preceding year. AEON Credit Service was incorporated in December 1996, converted into a public limited company in February 2007,
mergers & acquisitions
Gojo & Company further expanded into Uzbekistan through the acquisition of a 9.8% stake in JSC Renesans mikromoliya tashkiloti (Renesans). Gojo will support Renesans to continue pursuing its mission of delivering and developing tailored microfinance services through traditional and modern channels to people in rural areas. Renesans is committed
guarantee
nCino, a pioneer in cloud banking and financial services digital transformation, announced that SBI Credit Guarantee has adopted nCino's cloud-based integrated banking platform as the business infrastructure for its mortgage guarantee business that began in April 2025, and has commenced full-scale operations. Background of Implementation SBI ARUHI, the
private financing
Mizuho Securities, ML Power, a 100% subsidiary of Mizuho Leasing, Blue Sky Solar, and Blue Sky Asset Management have collaborated with lending financial institutions including Orix Bank and Joyo Bank to form a long-term private fund with agri-solar power plants as underlying assets through non-recourse project finance and equity investment.
lending
Techfino, a FinTech non-banking financial company (NBFC), has announced that it has successfully secured INR 65 crore in equity funding. The investment comes from Stellaris Venture Partners and Saison Capital, the investment arm of Japan-listed Credit Saison. This capital infusion will enable the company to significantly enhance its secured lending
social lending
The Japan International Cooperation Agency (JICA) has concluded an investment agreement with AGL Holding (Agrolend), a Brazilian digital bank financing the agricultural sector in the country. This project aims to contribute to improving the financial access and agricultural operations of small and medium-sized farmers in Brazil, while increasing the productivity
consumer finance
Credit Saison's financial results for fiscal year 2024 demonstrate a period of significant growth and strategic evolution. The company achieved record-high consolidated operating profit, reflecting strong performance across its core business segments and the positive impact of specific accounting factors. Overall, the company's diverse business model,