How LendTechs are transforming loan access for SMEs
Cross-border payments platform Currencycloud recently examined how embedded finance could transform the loan accessing process for SMEs.
FOLK2FOLK bags ?7m to support UK SMEs
FOLK2FOLK, a peer-to-peer (P2P) lender for rural and regional small businesses, has collected ?7m from British Business Investments.
Lenderwize said to bag €100m in debt funding
Lenderwize, an invoice platform for digital commodities, has reportedly raised €100m in a new debt funding round.
SoLo Funds said to collect $10m to support growth of its community lending service
P2P lending platform SoLo Funds has reportedly collected $10m to support the expansion of its presence in the US.
Open banking-powered lender Koyo inks Series A round to help people with poor credit...
Koyo has closed a Series A funding round of $50m in debt and equity led by Force Over Mass with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp.
Financial comparison super app Jeff banks $1.5m seed extension for SEA expansion
Latvia-based FinTech startup Jeff, which currently only has operations in Vietnam, has raised $1.5m in a seed round extension led by J12 Ventures.
Challenger bank lending continues to climb with 11% uptick in 2020
Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.
InsurTech startup Quotall exceeds crowdfunding target
InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.
London-based Tembo Money raises £2.5m to help first-time property buyers increase their deposits
Tembo Money, a London-based FinTech, closed £ 2.5m in funding led by Aviva after its official launch in June 2021.
FinTechs use market alliances to offer leading savings products, research finds
Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.
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