Marketplace Lending

iwoca secures £250m facility to boost UK SME lending

iwoca secures £250m facility to boost UK SME lending

iwoca, one of the largest SME lenders in Europe, has finalised a £250m funding structure alongside a leading UK bank and Waterfall Asset Management...
Mbanq secures first institutional backing for $100m note programme

Mbanq lands first institutional backing for $100m note

Mbanq, a US-based banking infrastructure and embedded finance provider, has secured the first institutional investment into its $100m loan participation note programme, with a...
Scienaptic AI bets on smarter lending at Communication FCU

Scienaptic AI bets on smarter lending at Communication FCU

Communication Federal Credit Union, an Oklahoma City-based lender with $2.3bn in assets, has deployed Scienaptic AI’s credit decisioning platform as it looks to expand...
Forward Financing lands $525m to boost SME lending

Forward Financing lands $525m to boost SME lending

Forward Financing, a Boston-based FinTech that supplies capital to small businesses throughout the United States, has closed $525m in fresh financing to bolster its...
FLOAT lands €4.5m Series A to close Europe's tech funding gap

Float lands €4.5m Series A to close Europe’s tech funding gap

Float, the Stockholm-founded revenue-based financing platform serving European tech SMEs, has secured €4.5m in a Series A round as it looks to narrow the...
Saible raises £2.9m to protect UK construction payments

Saible raises £2.9m to protect UK construction payments

Saible, a Birmingham-based construction FinTech developing software to prevent project funds being delayed, withheld or trapped before reaching suppliers, has secured £2.9m in funding. The...
Indonesian lender JULO secures $5m in funding

Indonesian lender JULO secures $5m in funding

Indonesian digital lending platform JULO has reportedly raised fresh capital from its current shareholders, according to a report from DealStreetAsia. The company is understood to...
Lendistry lands $100m East West Bank credit facility

Lendistry lands $100m East West Bank credit facility

Lendistry, a small business lender and grant administrator focused on undercapitalised entrepreneurs, has secured a $100m credit facility from East West Bank to expand...
The hidden flaws in auto loan demand modelling

The hidden flaws in auto loan demand modelling

Auto lenders are being urged to rethink how they measure price elasticity, according to FinTech pricing specialist Earnix, which argues that traditional demand modelling...
Agentic AI targets the friction automation can't fix

Agentic AI targets the friction automation can’t fix

Buying a home should feel momentous, yet for millions of borrowers it mostly feels like waiting. nCino, which recently delved into how agentic AI can...

News Stories

A total of $673m was raised across 15 FinTech deals this week

FinTech funding experienced a significant drop this week, with just $673m raised across 15 FinTech deals.  This marked a significant decline from last week, which...
Winterflood and Curation partner on retail investing

Winterflood and Curation partner on retail investing

Winterflood, a division of Marex and one of the UK's leading liquidity providers and retail-focused capital markets distributors, has entered into a strategic partnership...
UK consumers wary of biometric payment privacy

UK consumers wary of biometric payment privacy

Aevi, a payments orchestration company, has published new research showing that more than half of UK consumers remain cautious about biometric payments due to...

Daon wins third patent for agentic AI governance

Daon, the Digital Identity Trust Company, has been granted a new patent aimed at tackling one of the toughest production hurdles facing agentic AI...
nCino launches Mortgage MCP for AI agent integration

nCino launches Mortgage MCP for AI agent integration

nCino, the platform for agentic AI banking, has introduced new functionality allowing lenders to link MCP-compatible AI agents straight into the nCino Mortgage Suite. The...

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