Marketplace Lending

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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.
NorthOne

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. 
fintech insurtech wealthtech regtech ai cybertech esg news

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.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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