SME Finance

Kinara Capital closes investment to further financial inclusion in India

Kinara Capital, which identifies as a socially responsible FinTech, has netted $10m from IndusInd Bank with a 100% guaranty from the U.S. International Development Finance Corporation (DFC).

TruNarrative to provide B-North with compliance and onboarding services

B-North, the SME lender, has tapped RegTech provider TruNarrative to get access to its solutions for onboarding and compliance services, according to several reports.

Atom picks up funding on its way to IPO

UK app-based bank Atom has raised more than £75m in new equity priced at 70p per share as it continues to grow and strive to go public.

Creator Cash launched to give YouTubers immediate access to their earnings

Creator Cash is the latest FinTech to launch a financial service to make it easier for influencers to make a living.

FinTech 4G Capital has picked up a $2.6m investment from Citi

FinTech 4G Capital has picked up a $2.6m investment from Citi

Agicap raises €15m to help SMEs better manage their cash through the coronavirus crisis

Lyon-based Agicap has raised €15m in a round led by Partech that also saw participation from existing investors BlackFin Capital Partners and Kima Ventures.

BlueVine raises $60m in Menlo-led round

BlueVine, which provides financing to small and medium-sized businesses, has raised $60m in equity funding.
fintech-news

First Circle pockets $1.2m for SME lending in South-East Asia

South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.

Amazon partners with Marsh to extend product liability coverage for SMEs

Retail giant Amazon has teamed with global insurance broker Marsh to help small business sellers get affordable coverage on product liability.
fintech-news

Dubai startup Invoice Bazaar secures funding from former Citi boss

Dubai-based supply chain financing startup Invoice Bazaar has secured new funding from former Citigroup Asia-Pacific CEO Shirish Apte.

News Stories

AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.

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