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Invoice factoring solution Factris has closed its Series A round on €5m to help it onboard other factoring companies.
Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.
German business digital bank Penta has collected €18.5m in the first close of a new funding round
Human Interest has reportedly secured $40m in its Series C round which was led by Oberndorf Enterprises.
CreditEnable, an online marketplace for SME loans, is launching a $2m pre-Series A round.
The Canadian e-commerce company Shopify has announced that it wants to help SMEs trade things on the web by launching starter loans.
In what they claim to be a European first, Wiserfunding, the credit risk assessment startup, and modeFinance, the FinTech credit rating agency, have joined forces to launch a new credit rating service for small and medium-sized enterprises.
Countingup, a small business banking and accounting app, has partnered with Hokodo to launch insurance for unpaid invoices.