CredAble secures $9m to support SMEs
CredAble, which aims to help SMEs tackle working capital and credit challenges, has raised $9m.
AI-powered lending company Lentra hits $400m valuation
India-based Lentra, which offers AI-powered lending services, has reportedly collected $60m for its Series B funding round, which values the business at $400m.
Small business lender iwoca ups funding round
Small business lender iwoca has increased its funding line from Pollen Street Capital to £125m.
Lendbuzz, shaking up auto finance with AI, secures $125m from RBC
Lendbuzz, an AI-powered FinTech company revolutionising the automotive finance market, has recently made headlines.
African mobility startup Moove secures $8m from Absa for Ghana expansion
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured a funding of...
Finova unveils Optimo: UK’s next-gen decisioning engine for lenders
Finova, a prominent UK mortgage technology provider, has made waves in the financial sector by launching its cutting-edge decisioning engine, Optimo.
Targeted Lending secures monumental $50m credit facility from Wells Fargo
Targeted Lending, a distinguished name in the equipment finance industry, recently celebrated the accomplishment of a significant milestone, securing a $50m credit facility from Wells Fargo Capital Finance.
South Korean insurer buys 4.1% stake in lending Club for $66m
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.
P2P lender Funding Circle looks to a £300m IPO on London Stock Exchange
P2P lending platform Funding Circle is planning a £300m IPO on the London Stock Exchange, which could value the company at around $1.6bn.
JP Morgan team with DBS, Temasek to launch joint payments firm
JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.
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