PayJoy helps people build credit through pay-as-you-go financing for smartphones, with devices as collateral, achieving $300M annual revenue and $150M in funding.
Petal, targeting underserved, was acquired by Empower Finance; Petal focused on building credit, not debt, with cash flow underwriting for credit products.
TransferGo, a U.K.-based fintech for remittances, received $10M growth funding to expand in Asia-Pacific region, doubling growth after a $50M Series C round in 2021.
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