Business lender ProgCap said to raise $5m in funding
ProgCap, which supplies micro and small enterprises in India customised financing, has reportedly raised $5m in funding.
iwoca leverages open banking for new partnership with Barclays & HSBC
Barclays and HSBC have both connected with small business lender iwoca, making full use of the opportunities presented by open banking.
FinTech-focused Cross River Bank gets $100m KKR-led funding round
FinTech-focused banking-as-a-service provider Cross River Bank has picked up a $100m funding round led by private equity giant KKR.
Singapore-headquartered Aspire said to close $9m in funding
Singapore-headquartered small business funding platform Aspire has reportedly netted $9m in new funding.
Dublin-based Supply Finance closes €4m Series A round
Supply Finance, which provides trade finance products to SMEs across Europe, has closed a €4m Series A investment round.
Oriente collects $105m for its initial round of funding
Oriente, a FinTech solution developer aimed at financial inclusion in Asia, has collected $105m in its initial round of funding.
Growth capital provider Clearbanc nets $70m in funding
Clearbanc, a provider of growth capital for online businesses, has netted $70m in its latest funding round.
Aye Finance reels in $21.5m to lend to Indian SMEs
Aye Finance, an India-based provider of loans to small businesses, has raised $21.5m through its Series C funding.
SME factoring solution Factris closes round on €1.5m
Digital invoice financing solution for SMEs Factris has closed its initial investment round on €1.5m.
India’s Veritas raises $27m in Series D round from Norwest Ventures and others
Indian MSME lender, Veritas Finance has raised RS 2bn ($27m) in a Series D investment round featuring Norwest Venture Partners.
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