iwoca releases new lending service to help SMEs with coronavirus impact

Small business loan provider iwoca has released a new OpenLending solution which hopes to help companies brace the troubles of COVID-19 (coronavirus).

Entertainment FinTech Purely Capital launches new platform on the back of $150m investment

Purely Capital has launched a FinTech platform to improve the process of financing film and TV production as well as boosting creators' cashflows.

Airwallex teams up with Xero

FinTech unicorn Airwallex has integrated its solutions with Xero, the accountancy platform, to help Airwallex’s small-business customers improve their financials.

SME banking startup Recognise teams up with City Dynamics ahead of its 2020 launch

Having already signed deals with Mambu and nCino for parts of its infrastructure, SME banking startup Recognise has now inked another deal.

FinCompare extends its Series A round

Berlin-based FinCompare has closed a Series A extension round, bagging a further €12m.

CreditEnable opens $2 pre-Series A to support next generation of its platform

CreditEnable, an online marketplace for SME loans, is launching a $2m pre-Series A round.

Digital lender SMEcorner reportedly bags $30m in its Series A

SMEcorner, a digital lending business, has reportedly raised $30m in its Series B funding round which was led by Paragon Partners.

Lendio scores $55m in mix of debt and equity

Digital marketplace for small business loans Lendio has scored $55m in a funding round made of both debt and equity.

Insight Investment deploys €100m debt capital to iwoca

Global asset manager Insight Investment has reportedly supplied European small business lender iwoca with €100m in debt capital to help the FinTech finance more loans.

SumUp launches new business payment card in partnership with Mastercard

UK-based FinTech startup SumUp has unveiled its first business payment card to give merchants smoother access to funds and clearer oversight of their finances.

News Stories

InsurTech UK joins plea to protect British startups from being “wiped out” by the...

Several UK tech industry bodies are asking the government to do more to support the nation’s startups or risk having a generation of innovative ventures “wiped out.”

UK consumers put strong technology as main appeal for banks

UK consumers are placing strong technology as their biggest priority for banking, but digital banks need to be clear with their value offering to capitalise on this, according to Vilve Vene, CEO and co-founder of core banking platform Modularbank.

KPMG welcomes the FCA’s proposals to freeze payments to help people’s finances during the...

While KPMG understands the Financial Conduct Authority's (FCA) proposals to soften the financial blow of COVID-19, the professional services firm reminded the regulator that the crisis is not easy for banks either.

Insurers – the time to change is now! – ManageMy

With the world being forced to stay indoors and social distance, now is the time for insurers to focus on digitalising as we have “reached a tipping point”, according to digital experience platform ManageMy.

MAP FinTech launches AI-powered solution to boost anti-money laundering compliance

RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.