Starling Bank approved as a coronavirus crisis lender to help UK SMEs “crying out...
The British Business bank has approved UK challenger bank Starling Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).
Digital lender SMEcorner reportedly bags $30m in its Series A
SMEcorner, a digital lending business, has reportedly raised $30m in its Series B funding round which was led by Paragon Partners.
Kabbage furloughs a “significant number” of employees because of the coronavirus
SoftBank-backed FinTech Kabbage has furloughed a “significant number” of its 500 US employees as it becomes the latest company to suffer from the global COVID-19 pandemic.
Tide CEO warns that the UK government’s measures to help SMEs through the crisis...
The UK government has unveiled a package to help SMEs. However, the boss of challenger bank Tide doubt the package will be enough.
FreeAgent unveils new Radar feature to boost small businesses’ accounting capabilities
UK FinTech FreeAgent has added another feature to its suite of cloud accounting software solutions for freelancers and small businesses.
iwoca releases new lending service to help SMEs with coronavirus impact
Small business loan provider iwoca has released a new OpenLending solution which hopes to help companies brace the troubles of COVID-19 (coronavirus).
Entertainment FinTech Purely Capital launches new platform on the back of $150m investment
Purely Capital has launched a FinTech platform to improve the process of financing film and TV production as well as boosting creators' cashflows.
SME banking startup Recognise teams up with City Dynamics ahead of its 2020 launch
Having already signed deals with Mambu and nCino for parts of its infrastructure, SME banking startup Recognise has now inked another deal.
FinCompare extends its Series A round
Berlin-based FinCompare has closed a Series A extension round, bagging a further €12m.
Lendio scores $55m in mix of debt and equity
Digital marketplace for small business loans Lendio has scored $55m in a funding round made of both debt and equity.
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