OfBusiness receives $29m in Series C to support rapid growth
India-based OfBusiness has received Rs 200 Crore ($29m) in a Series C round led by Creation Investments and Falcon Edge.
BNP Paribas forms strategic partnership with CODE Investing
BNP Paribas Asset Management has formed a strategic partnership with CODE Investing, a SME lending platform.
Mahindra raises $100m in funding from IFC to support more loans
Mahindra & Mahindra Financial Services has raised $100m in funding from IFC, a member of the World Bank Group.
BlueVine raises $60m in Menlo-led round
BlueVine, which provides financing to small and medium-sized businesses, has raised $60m in equity funding.
Lendix reels in €32m to expand lending marketplace
French startup Lendix, which claims to be the number one SME lender in all of continental Europe, has landed €32m in fresh funding.
ING backs German SME platform FinCompare
FinCompare, a Berlin-based startup offering a comparison platform for SME financing, has closed a €10m Series A round.
Chinese FinTech CGTZ.com closes $358m Series D round
CGTZ.com, a Chinese SME funding platform, has reportedly raised a $357.8m funding round.
Online financier Behalf lands $150m in debt financing
Behalf, a provider of working capital solutions for small and medium-sized businesses, announced today that it has secured $150m in debt financing.
Nigeria-based Lidya closes $6.9m in Series A to support expansion across Africa
Lidya, an online invoice generation and financing platform, has collected $6.9m in its Series A funding round.
Fundation nets $120m from SunTrustBank to expand lending capacity
Digital lending platform Fundation has secured a $120m credit facility from SunTrustBank to increase its lending capacity.
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