Lumi, the Australian SME lender, secures $15m from Harel in a capital raise
Lumi, an Australian company specialised in lending to small and medium-sized enterprises (SMEs), has successfully concluded a capital raise of $15m.
Small businesses are still relatively unaware of alternative lending options
FinTech is revolutionising lending for smaller businesses, according to British Business Investments director Marilena Ioannidou in a research interview with FinTech Global.Ioannidou, director at...
Skippr said to net $16m in a mix of equity and debt
Australian invoice financing company Skippr has allegedly raised $16m in its latest round of funding, made up of both equity and debt.
MarketInvoice signs £45m deal with Varengold to help UK SME financing
MarketInvoice has signed a deal with Varengold Bank to provide £45m annually to help offer UK SMEs working capital financing solutions.
Australia-based Grapple scores $35m debt facility
Australia-based Grapple, which offers working capital loans to SMEs, has reportedly collected $35m in a warehouse debt facility from Sydney-based financier Global Credit Investments (GCI).
Crossflow Payments lands investment from Calibrate
Alternative finance platform Crossflow Payments has landed an investment from Calibrate Management.
CollateralEdge empowers middle market with Phalanx Impact Partners’ significant FinTech funding
Phalanx Impact Partners, a pioneering investment firm with a focus on fostering positive environmental and community change, has recently announced a significant investment in CollateralEdge.
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.
Supply chain financing company Mintifi scores $110m Series D
Mintifi, an India-based supply chain financing platform, has reportedly received $110m in a Series D round.
Prospa raises largest ever Australian FinTech VC round
The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the round.
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