SME Finance

PayPal has announced that it has had enough of racial inequality in the US and has made a $530m commitment to support black and minority-owned businesses and communities across the nation.

Agriculture investment platform Harvest Returns passes significant milestone by raising over $5m in global private placement farming opportunities.

The coronavirus has skewed the old way of rating loans, which is why UK challenger bank OakNorth has developed its COVID Vulnerability Rating (CVR) framework to rate the risk of loans.

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

As the Latin American FinTech space is going from strength to strength, a55 has bagged a round of investment from the Santander Group's venture capital fund.

With over 500,000 UK SMEs facing significant financial distress because of COVID-19, the partnership between invoice insurance provider Nimbla and credit risk assessment platform Wiserfunding could provide some peace of mind.

Xtracap, which operates the SME lending platform Bridge2Capital has allegedly secured $1m in a funding round from angel investors.

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.

Blockchain-powered FinTech ShuttleOne has bulked up its financial muscles to improve its technology after picking up a round of funding led by Sirius Venture Capital.

SME lending platform Lendingkart has reportedly raised a total of INR 319.2 Crore ($42.1m) in its Series D round, after closing a new extension investment.