Marco Financial secures $26m to help fund SMEs in Latin America
Marco Financial, the financing platform built for small and medium-sized Latin American exporters, has bagged $26m in funding and credit.
India-based SME lending platform LivFin said to close funding round
LivFin, an online supply chain and invoice finance solution to small and medium sized businesses in India, has reportedly raised INR 32 crore ($4.7m) in its funding round.
MarketFinance secures £50m in loan investment to help businesses struggling due to Covid-19
London-based MarketFinance has secured a £50m loan investment from Israeli asset manager Viola Credit to help UK businesses struggling because of the pandemic.
Fvndit has secured a $30m investment
California and Vietnam-based FinTech company Fvndit has secured $30m in a round led by Accial Capital and Variant Investments.
Salaryo secures $5.8m in new round aimed at protecting SMEs struggling from Covid-19
Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.
SME lending platform Teylor closes CHF $8m funding round
Teylor, a SME lending platform based in Switzerland, has closed its funding round on CHF 8m ($8.3m).
Funding Xchange awarded £5m by BCR
Loan platform Funding Xchange has been awarded £5m by BCR as part of the Pool E allocation of the RBS Remedies fund.
Starling Bank reveals UK SMEs are bullish about their ability to bounce back from...
More than two-thirds of UK SMEs seem to believe they can return to pre-coronavirus levels at the start of 2021, according to new research...
American Express acquires small business loans FinTech Kabbage
American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.
Axle Payments said to raise $27.7m in a round of debt and equity
Axle Payments has reportedly bagged $27.7m in a mixture of debt and equity to increase its market spread.
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