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KKR, one of the world’s largest investment firms, is seeking to acquire a non-bank financial company (NBFC) in the country to bolster its lending business, a source told. The investor, which has assets under management (AUM) of $149 billion globally, wants to disburse loans against properties, stocks, structured loans and loans across …

Intuit launched QuickBooks Capital, a loan product aimed at small businesses, and in particular new small businesses. The product joins a growing pool of small business loan options accountants can offer their clients. The lending solution is currently funded by small capital from Intuit, but the company is exploring other models for funding small business …

Nashville Built construction loan firm raised $ 21 million from venture capital firms in San Francisco and New York City, marking one of the largest investments in a local business this year. Built, led by CEO Chase Gilbert, was formed in 2014 to streamline the process of financing housing and commercial construction. Index Ventures in …

One of the fastest growing fintechs in China has raised $ 220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, closed a $ 220 million funding round, comprising both strategic debt and equity financing, with support from Alibaba Hong Kong Entrepreneurs Fund, the International Finance Corporation (IFC) and other global banks. This …