LendKey receives $13m in Series C funding round
Lending platform LendKey has received $13m in its Series C funding round which also included debt financing.
Barclays, MarketInvoice partner to ease access to credit for UK SMEs
Barclays has formed a partnership with online invoice financing platform MarketInvoice to provide UK SMEs easier access to credit.
Story Ventures seeking up to $40m for data-driven startups fund
Story Ventures is out eyeing up to $40m for a fund using data to transform business areas ranging from fintech and healthcare to business services and security.
The Credit Junction bags $23m from Century Equity Partners
The Credit Junction has bagged $23m in an investment from Century Equity Partners, coming just months after a credit facility from MidCap.
Taralite scores $6.3m from Japan’s SBI Group
Indonesian peer-to-peer lending platform Taralite has picked up $6.3m in funding round from Japanese conglomerate SBI Group.
SME factoring solution Factris closes round on €1.5m
Digital invoice financing solution for SMEs Factris has closed its initial investment round on €1.5m.
Bitcoin-based SME lender Bitbond swipes €5m
Bitcoin peer-to-peer lending platform for SMEs Bitbond has closed €5m in debt financing to fund loans on its platform.
Affirm nabs $100m credit facility from Morgan Stanley
Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.
Lending startup Klub said to raise pre-seed funding whilst in sealth mode
Klub, a growth capital platform currently in stealth, has reportedly closed a $2m pre-seed funding round.
Invoice finance platform Advantedge acquires Henry Howard Cashflow
Invoice finance solution for SMEs Advantedge Commercial Finance has acquired Wales-based Henry Howard Cashflow Finance.
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Aventus collects £2.6m in its funding round to help scale operations
Aventus, a B2B digital insurance platform, has collected £2.6m in its funding round which will be used to scale up the business.
No, the ECB won’t change its monetary policies because of the coronavirus
A top European Central Bank (ECB) executive has shot down the idea that there is a need to take monetary policy actions because of the coronavirus.
Barclays executives cleared of fraud charges
Three former Barclays executives accused of misconduct during the 2008 financial crises have been acquitted of funnelling £322m in secret fees to Qatar in return for rescue financing during the credit crisis.
The European Central Bank seeks advice on new payments statistics regulation
The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.
The number of FinTech deals under $1m in Sweden has more than halved since...
The Swedish FinTech market has shown signs of maturity between 2015 and 2019, most noticeably in the decreased frequency of deals valued under $1m...