SME Finance

Embedded business finance platform Liberis has bagged £70m in new funding to fuel its growth.

Business finance marketplace Funding Options has joined the SME Finance Forum, a global membership network of the most influential leaders in finance, in order to share its insights into how to promote the growth SMEs.

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Hong Kong-headquartered Qupital has reportedly bagged a Series A extension round to grow its services internationally.

Fuel Ventures has led a £37m late seed investment round for Outfund, the startup helping online business scale without giving away equity.

Virgin Money signed a new strategic FinTech partnership with Glasgow-based Redspire to support the development of its digital proposition for its new business current account.

The SME-focused FinTech startup Paysme has already banged through its original target by securing £268,520 on its Seedrs campaign, and it's not over yet.

Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.

Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.

Small business lender iwoca has will offer its invoice payments product iwocaPay for free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.