Australian business lender Timelio secures $270m in debt facility
Australian FinTech company Timelio has received a $270m in a debt facility supplied by Goldman Sachs and other unnamed investors.
Konfio said to reach $1.3bn valuation after funding round
Mexico-based Konfio has reportedly reached the unicorn status, after a $125m funding round brings its valuation to $1.3bn.
London-based Capitalise that helps entrepreneurs raise capital pockets £10m
Capitalise, FinTech that allows companies to access capital with a suite of credit and risk tools, raised £10m from investors including, Experian, QED Investors, Gauss Ventures, Hambro Perks, and Post Finance.
Challenger bank lending continues to climb with 11% uptick in 2020
Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.
Facebook teams up with Indifi to offer loans to small businesses in India
Facebook has partnered with an Indian online lending firm Indifi to help provide loans to small domestic businesses, as part of a push to bring more businesses to advertise on its platform.
Enable reels in $45m from Norwest-led Series B
Cloud-based software solution Enable has secured $45m from a Series B funding round led by Norwest Venture Partners.
Invoier collects investment from European Innovation Council
Invoier, a marketplace for trading invoices, has received a €4.1m investment from the European Innovation Council (EIC) Fund.
Amazon partners with Marsh to extend product liability coverage for SMEs
Retail giant Amazon has teamed with global insurance broker Marsh to help small business sellers get affordable coverage on product liability.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
LatAm’s Xepelin reels in $230m in debt equity from Kaszek and Tiger Global, Clara...
Chilean FinTech that provides an online financial services platform for SMBs Xepelin raised $30m in equity and $200m in credit facilities led by Kaszek Ventures with participation from DST Global.
