Corl levels up lending capabilities with $20m funding
AI-powered investment platform Corl Financial Investments has received a $20m growth investment from NAOS Finance.
Iwoca receives ?50m debt facility to support more SME loans
Iwoca, a SMB loan provider, has received an additional ?50m debt facility by a syndicate of banks.
OptaCredit secures $4m credit facility from DMI Finance
India-based OptaCredit has secured a $4m credit facility from DMI Finance to support the support its existing offerings.
Yoco launches new cash advance service
POS solution developer Yoco has launched a new cash advance service for small businesses.
As a recession looms, how SME lending will be a cornerstone for many
It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour.
Scalapay closes $48m investment continuing the recent surge of activity for buy now, pay...
Buy now and pay later solution provider Scalapay has scored $48m in a seed round of funding, continuing the recent surge of funding for these types of FinTechs.
Stone Point Capital exits Access Point Financial in $350m+ deal
Stone Point Capital has exited lending platform Access Point Financial to WCP Investments, in a deal worth over $350m.
Zopa becomes first P2P lender to pass £2bn milestone
London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.
BlueVine raises $60m in Menlo-led round
BlueVine, which provides financing to small and medium-sized businesses, has raised $60m in equity funding.
Capital raises $9m in seed round led by AME Cloud Ventures
Fundraising FinTech Capital has closed a $9m seed funding round led by AME Cloud Ventures.