Sonovate takes on £14m for contract recruitment financing
Sonovate has raised a new round of funding totaling £14m for its recruiter-financing business. The Series B round was led by Global Founders Capital.
Lending Works secures £2.8m funding to support growth, partnership channels
UK-based P2P lending platform Lending Works has secured £2.8m in a round of funding led by Maven Capital Partners.
Linked Finance secures €1m funding to support local companies
Ireland-based crowdfunding platform Linked Finance has reportedly secured over €1m for Waterford-based businesses.
French digital startup Memo Bank raises ?20m
FinTech Memo Bank has raised ?20m in a Series A round led by BlackFin Capital.
Tera Funding closes largest Series A to a Korean P2P lending company
Tera Funding has closed a $9.3m Series A, the largest to be made to a Korean P2P lending company.
Oxbury backs British farmers with additional £20m raise
Oxbury, an agricultural bank that lends to farmers, has raised £20m in funding following its £31m Series C funding round in March this year.
BNPL provider Scalapay becomes Italy’s new unicorn
PayTech platform Scalapay has become Europe’s latest unicorn, with it reaching the status after the close of a $497m Series B round.
ScaleFactor forced to shut down operations because of Covid-19 despite having raised over $100m
Bookkeeping and payroll FinTech startup ScaleFactor shuts down operations after raising over $100m in just over a year.
FinTech NorthOne lands $67m in Series B raise
New York-based FinTech NorthOne has raised $67m in a Series B funding round to expand its platform across new verticals.
Welendus surpasses initial crowdfunding target, reaching up to £178k
P2P short-term lender Welendus has surpassed its initial crowdfunding target, with it pulling in £178,331, so far.