Funding Societies lands Sequoia backing for South-East Asian Lending
Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.
Nationwide partners with online lender BlueVine
Nationwide has formed a partnership with online small business lender BlueVine to boost the insurers support for SMBs.
Capchase secures funding to help startup growth
Capchase, a provider of non-dilutive capital for recurring revenue businesses, has raised $80m in Series B funding.
Swiss SME lender Tradeplus24 secures $100m credit facility
Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.
Starling Bank CEO responds to Bounce Back Loan criticism from rejected would-be loan takers
Several small business owners have criticised Starling Bank for its handling of the governmental coronavirus relief loans scheme and now the challenger bank founder has responded to the criticism.
Thriday set to thrive with $6m raise
Thriday, a financial management platform for small businesses, has raised $65m in a pre-Series A funding round.
OfBusiness collects $3.8m for SME financing platform
OfBusiness, a Guragon, India-based SME financing platform, has raised $3.8m in debt financing from Kotak Mahindra Bank.
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.
Qupital closes $15m Series A to support growth in China
Hong Kong-based SME trade financing platform Qupital has scored $15m in its Series A round.
Mosaic lands $25m for strategic finance
Strategic finance platform Mosaic has raised $25m in Series B funding in a round led by Founders Fund.
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