SME Finance

fintech-news

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.
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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.
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DueCource pockets £6.25m to let businesses loan on invoices

UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital.
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Private equity firm hands $105m to Indian lender Hero FinCorp

Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse.
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FastPay gets Citi backing for digital media lending

Online lenders might be having a tough year but that’s not holding back FastPay. The digital-businesses lender just landed a new round of funding from Citi Ventures.

Behalf brings in $27m for small business purchasing power

New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
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Fundation lands $100m credit facility from Goldman Sachs

Small business lending startup Fundation has secured a $100m asset-backed credit facility from Wall Street giant Goldman Sachs.
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Camino grabs $2m for Hispanic-owned business lending

Online credit marketplace Camino has raised $2m in a new round of venture funding. The investment was led by Collaborative Fund and Hunt Holdings with Comcast Ventures and Impact America also contributing.
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Bigstone swipes $3m to connect small businesses and investors

Australian small business-lending marketplace Bigstone has raised $3m in funding. The capital comes from private equity firm CVC.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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