Citi backs Crowdz for SME financing
SME finance platform Crowdz has secured $10m in investment, led by Citi and Global Cleantech Capital, to expand its ability to bring accessible working capital to small businesses.
CUNA Mutual Group and WithClutch join forces
CUNA Mutual Group, an insurance, investment and financial services company, has partnered with WithCluth, a FinTech focussed on allowing consumers to refinance high interest consumer loans through a digitally-enabled and frictionless process.
Archa pulls in $25m to back small business
Australian FinTech Archa has raised $4m in a funding round and $20m in a debt funding facility to accelerate its growth and product offering.
Carmoola lands £27m to transform car financing
London-based Carmoola, which claims to turn car finance on its head, has raised £27m in seed funding.
New York-based lender Dwight Funding bags $100m credit facility
Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.
Uplinq scores $3.5 for its SMB mission
Uplinq Financial Technologies, a global credit assessment platform for small-to-medium sized business (SMB) lenders, has raised $3.5m in a pre-seed funding round.
RenoFi raises $14m for renovation lending
RenoFi, a renovation enablement platform company, has raised $14m in Series A funding.
Liquidity Group lands $775m
Liquidity Group, a credit-orientated FinTech platform, has received $775m in capital commitments led by Apollo and MUFG.
Why the gap between payments and lending is closing
Recent work by Currencycloud has suggested that the gap in differences between traditional lending and payments is narrowing.
Mosaic lands $25m for strategic finance
Strategic finance platform Mosaic has raised $25m in Series B funding in a round led by Founders Fund.
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