Banco BNI, Varengold supply £135m to MarketInvoice, to support UK business financing
Banco BNI Europa and Varengold Bank have supplied £135m to business finance company MarketInvoice to support more companies with funding.
Lidya collects pre-Series B funding as it looks to boost its lending efforts
Nigeria-based Lidya, which offers small business loans, has reportedly raised $8.3m in its pre-Series B funding round.
Capital on Tap bags £100m from revolving credit facility
Capital on Tap has secured a £100m corporate revolving credit facility with Atalaya Capital Management.
Capchase said to close $60m through a asset-backed credit facility
Capchase, which offers a SaaS and recurring revenue financing platform, has reportedly bagged $60m in an asset-backed credit facility.
Amplifi Capital bags £22.5m to drive growth of Reevo Money
Amplifi Capital (U.K.) Limited has successfully secured £22.5m in mezzanine financing from M&G Investments.
UK neobank Gravity picks Finastra for its core banking capabilities
A London-based new digital bank has chosen to team up with Finastra, the financial services scaleup.
Gillmore Centre reveals: Online lending as the leading asset class for 2023
Online lending has the potential to outpace stocks, bonds, and real estate in profitability, based on the recent findings from the Gillmore Centre for Financial Technology.
Xepelin secures $111m to champion Latin American SMEs
Xepelin, a payment platform and business financial services for small to medium sized enterprises (SMEs) in Latin America, has raised $111m in Series B funding.
Nude introduces new feature to support deposit-building for homebuyers
Financial advice firm Nude has unveiled a new feature aimed at providing people with the tools to collaborate on building a deposit for purchasing a home.
MoneyTap raises $12.3m in round led by Sequoia Capital India
Lending app MoneyTap has reportedly raised $12.3m in its latest funding round led by Sequoia Capital India.