Silicon Valley Bank UK injects €30m into LendTech Liberis
Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.
European lending platform TP24 secures mezzanine funding
European lending platform TP24 has received a mezzanine funding facility from Channel Capital Advisors.
New trade financing 40Seas emerges from stealth with $111m
40Seas is a new cross-border trade financing solution launched out of stealth following the close of an $11m seed funding round.
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).
Digital SME lender Recognise Bank raises £25m
Digital SME lender Recognise Bank has raised £25m in funding from its largest shareholder, PV27, to support its commercial lending.
Digital lender NeoGrowth lands $36.2m
NeoGrowth, a Mumbai-based digital lender focussing on medium to small enterprises, has raised $36.2m in a Series D equity round.
Bondaval secures $15m for the future of B2B credit
Bondaval, a London-based B2B receivables and mini bonds FinTech, has raised $15m in Series A funding, led by Talis Capital.
SME non-dilutive financing provider Karmen nets €50m debt
Just 10 months after its first financing round, SME non-dilutive financing provider Karmen has raised €50m in debt.
Bip launches carbon footprint tool with Cogo
Digital credit service Bip has added a carbon footprint tool to its app, following a partnership between its parent company NewDay and carbon footprint management service Cogo.
As a recession looms, how SME lending will be a cornerstone for many
It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour.
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