Tag: lending

Prestatech, which offers data collection, risk assessment and integrated finance solutions, has raised €4m in funding.

Lithuania-based SME Finance, a lender to small businesses, has reportedly secured €100m in a credit facility from Fasanara Capital.

Built Technologies, a provider of construction and real estate finance technology, has received strategic funding from Citi.

Finverity, a digital ecosystem for trade and supply chain finance, has secured $5m in a heavily oversubscribed equity funding round.

Filipino FinTech startup Advance, which helps employees get early access to their salary, has raised $16m in its pre-Series A funding round.

Presta, a provider of an end-to-end digital lending platform for the loan origination processes, has raised $3.3m in pre-seed financing.

Payscore, which is automating income verification for property managers and consumer lenders, has secured an undisclosed amount of funding.

The World Trade Board has launched a consultation around a new framework that would increase access to trade for micro, small and medium-sized businesses (MSMEs).

TradeBridge, a business lender, has received a credit facility of up to £100m from Castlelake, a global investment manager.

A study by Allica Bank has found plans by the UK PRA to change bank capital rules could put £44bn of SME lending at risk.