Tag: Loan

Indian edu-FinTech firm EduFund bags $3.5m led by MassMutual Ventures

EduFund, an India-based education-focused FinTech firm, announced the successful completion of a $3.5m pre-series A funding round.

SME lender Triver secures £7m in funding

Triver, which offers short-term working capital loans to SMEs, has raised £7m in a funding round.

Filipino FinTech startup Advance raises $16m for pre-Series A

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

Business lender TradeBridge secures credit facility of up to £100m

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

France-based invoice financing startup Aria nets €50m

France-based Aria, which offers embedded invoice financing, has reportedly collected €50m in a debt fundraising round from M&G Investments.

NFT-powered lending and borrowing marketplace Archimedes raises seed

Archimedes, which claims to be a one-of-a-kind lending and borrowing marketplace that utilises NFTs, has raised $4.9m in its seed round.

Silicon Valley Bank UK injects €30m into LendTech Liberis

Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.

New trade financing 40Seas emerges from stealth with $111m

40Seas is a new cross-border trade financing solution launched out of stealth following the close of an $11m seed funding round.

Australia-based Grapple scores $35m debt facility

Australia-based Grapple, which offers working capital loans to SMEs, has reportedly collected $35m in a warehouse debt facility from Sydney-based financier Global Credit Investments (GCI).

Brokerage-as-a-service platform Bricknode secures SEK 2.5m loan

Bricknode, a brokerage-as-a-service platform, has secured a SEK 2.5m ($2.3m) loan from its founder and co-CEO Stefan Willebrand, co-CEO Erik Hagelin and Chairman Robert Lempka.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week