Funding Xchange awarded £5m by BCR
Loan platform Funding Xchange has been awarded £5m by BCR as part of the Pool E allocation of the RBS Remedies fund.
Starling Bank reveals UK SMEs are bullish about their ability to bounce back from...
More than two-thirds of UK SMEs seem to believe they can return to pre-coronavirus levels at the start of 2021, according to new research...
American Express acquires small business loans FinTech Kabbage
American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.
Axle Payments said to raise $27.7m in a round of debt and equity
Axle Payments has reportedly bagged $27.7m in a mixture of debt and equity to increase its market spread.
Mexico-based Creze reportedly bags $12m in funding
Mexico-based FinTech startup Creze has reportedly raised MXN $265m ($12m) in a funding round from unnamed investors based in the country.
Metro Bank launches SME receipt management tool as its reeling from £900m accounting mistake
Metro Bank has launched new app tools for businesses to manage their receipts as the company itself is still recovering from last year's accounting scandal.
iwoca said to raise £100m as it looks to increase loans issued under the...
Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.
Revolut COO Richard Davies leaves to join Allica bank as its new CEO
New business bank Allica Bank has named Richard Davies as its CEO. He joins after having served a year as COO of challenger bank Revolut.
AwanTunai scores $20m in new round
Indonesian lending platform AwanTunai has picked up $20m in a new raise led by Accial Capital.
Selina Finance bags £42m in new round to strengthen its loan capabilities for SMEs
SME loan FinTech Selina Finance has raised £42m in a new round to grow the business.
