Tag: SME Financing
UK SME lender Fleximize lands £16.3m
SME lender Fleximize has secured a £16.3m financing facility from specialist investment fund Hadrian’s Wall Secured Investments. Read more: www.fintechroundup.com
Swiss SME lender Tradeplus24 secures $100m credit facility
Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Read more: www.fintechroundup.com
SMEs’ self-service banking leads to downsize
DNB, is taking a new approach to its SME customers as small businesses turn to digital, self-service banking solutions. Read more: www.pymnts.com
BlueVine snags $75m credit line from Fortress Credit
Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit. Read more: www.fintechroundup.com
Prospa raises largest ever Australian FinTech VC round
The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated. Read more: www.fintechroundup.com
Spotcap strikes deal and nabs €14m from Heatland Bank
Online small business lender Spotcap has inked a partnership with New Zealand’s Heartland bank and secured €14m in funding. Read more: www.fintechroundup.com
Funding Circle grabs $100m as its UK business hits profitability
Peer-to-peer (P2P) lending platform Funding Circle has raised $100m in a Series F round led by Accel Partners. Read more: www.fintechroundup.com
PaidUp helps Philippine SMEs crowdfund working capital
PaidUp also turns your phone into a prepaid digital wallet, enabling you to find, order and instantly pay for food, drinks and services. Read more: www.e27.co
Alternative SME finance just might survive in 2017
Earlier this month, Biz2Credit released the findings of its most recent small business lending index. Read more: www.pymnts.com
Sageworks offers lenders a door to SMEs
Sageworks’ platform allows institutions to offer an online loan application, while lenders can streamline the application process by automated tools. Read more: www.pymnts.com