digital lending technology

Beehive, Themar Partner to Boost SME Lending in Saudi Arabia

September 19, 20254 min

Beehive, the Middle East’s pioneering digital SME lending platform, has signed a non-binding offer letter with Themar, a licensed crowdfunding platform in the Kingdom of Saudi Arabia. This strategic move looks to officially establish Beehive as a regulated fintech lender in the Kingdom, significantly strengthening its presence in one of the region’s most dynamic SME markets. The proposed partial M&A, subject to regulatory approval, represents a transformative step for private credit in Saudi Arabia. By combining Beehive’s proven digital...

by PRNewswire

Direct Lending

Splash Financial Raises $70M, Launches HELOC Product

September 18, 20256 min

Splash Financial, a leading AI-enabled lending marketplace, today announced it has secured more than $70 million in a Series C funding round and launched a new home equity line of credit (HELOC) product. Splash connects consumers with a network of credit unions and banks through automated loan processing technology, helping traditional lenders deliver modern, frictionless borrowing experiences at competitive rates. The round was led by Grand Oaks Capital, with participation from First Tech Federal Credit Union, Curql Collective,...

by PRNewswire

P2P Lending

Blend Raises $130 Million in Series E Funding

June 24, 201910 min

Blend, a leader in digital lending technology, today announced it has raised $130 million in Series E funding led by Temasek and General Atlantic. Existing investors 8VC, Founders Fund, Greylock Partners, and Lightspeed Venture Partners also participated in the round, which brings the company’s total funding to $310 million. “Blend’s technology platform is driving an evolution in how lenders do business and interact with their clients,” said Paul Stamas, managing director at General Atlantic, a leading global growth equity...