Citizen Bank partners with Fundation to offer SME loans
Citizens Bank will introduce digital lending to small business customers through a partnership with alternative lending startup Fundation.
SME financer BlueVine picks up $49m
SME financing startup BlueVine has scored $49m in a Series D round of funding from its existing investors.
Indifi pulls in $10m for data-driven MSME lending
Indifi Technologies has raised $10m in a new round of funding led by Omidyar Network. The New Delhi-based company aims to help MSMEs to secure loans.
SmartFunding nabs $490,000 for invoice financing
Singapore-based invoice financing firm SmartFunding has raised $490,000 in a seed funding round. The capital comes from FinTech Asia Group and Investorlend.
Aye Finance picks up $10.3m to expand small business lending
Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.
FundThrough pockets $18.6m for invoice financing
Canadian SME financing startup FundThrough has raised $18.6m (C$24.6) in a Series B round of funding led by Scale Up Ventures.
Square Capital expands beyond payments customers
Square is expanding its loans offering to small businesses outside of its payments processing ecosystem.
Invoice financing startup KredX secures $6.25m
Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate.
Bezahlt picks up ?3.5m for invoice financing
German invoice financing startup Bezahlt has picked up ?3.5m in funding through a mixture of equity and debt.
First Circle pockets $1.2m for SME lending in South-East Asia
South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.