SME Finance

Tide, a UK-based business financial platform supporting over 1m small and medium-sized enterprises (SMEs) worldwide, has secured a £100m securitisation debt facility from Fasanara Capital, a London-based investment manager with more than $4.5bn in assets under management.

TradeBridge, a FinTech lender providing embedded finance solutions to SMEs, has secured an additional £70m financing facility from global investment manager Castlelake.

Growers Edge, a FinTech company focused on the agriculture sector, has raised $25m in a new funding round to scale its innovative financial services tailored to ag retailers, manufacturers, and lenders.

Swedish FinTech company Froda, a leading provider of embedded finance solutions for small and medium-sized enterprises (SMEs), has raised €20m in a Series B funding round.

FundThrough, a FinTech platform specialising in invoice factoring for small and medium-sized businesses (SMBs), has acquired Ampla, a leading financial technology provider supporting consumer brands with working capital, business banking, corporate cards, and analytics.

Kiva, a global nonprofit that provides crowdfunded loans to individuals and entrepreneurs, has received a $100k Her Village grant from Boundless Futures Foundation.

Lenkie, a UK-based FinTech focused on cashflow management, has raised £49m in Series A funding to drive its mission of improving access to capital for small and medium-sized enterprises (SMEs). 

Amazon, a global e-commerce and technology giant, has partnered with TradeBridge, a specialist in alternative finance solutions for SMEs, to launch a new term financing offer.

Bourn, a UK-based FinTech startup focused on SME finance, has secured £1.5m in seed funding to support the expansion of its AI-powered Flexible Trade Account (FTA).

Froda, a FinTech specialising in SME financing, has expanded its partnership with the European Investment Fund (EIF) by securing an additional €100m in lending capacity.