SME Finance

Bourn, a UK-based FinTech startup focused on SME finance, has secured £1.5m in seed funding to support the expansion of its AI-powered Flexible Trade Account (FTA).

Froda, a FinTech specialising in SME financing, has expanded its partnership with the European Investment Fund (EIF) by securing an additional €100m in lending capacity.

UsPlus, a South Africa-based financial services firm specialising in working capital solutions for small to medium-sized enterprises (SMEs), has secured a $2m mezzanine investment from Verdant Capital Hybrid Fund.

Fuel Ventures, a UK-based venture capital firm, has spearheaded a $1m investment round in Juno Technologies, the developer behind Juno AI.

Billboxx, an integrated billing-to-payment platform focused on ensuring timely payments for businesses across Africa, has closed a $1.6m pre-seed funding round.

Fora Financial, a prominent provider of flexible financing solutions for small- and medium-sized businesses (SMBs) across the United States, has announced the closing of a new two-year revolving credit facility worth $200m.

Mollie, one of Europe’s fastest-growing financial service providers, has announced its official expansion into the Italian market, marking a significant milestone in its mission to streamline payments and money management for businesses across Europe.

Pipe, a FinTech company known for its embedded financial solutions, and GoCardless, a bank payment firm, have recently entered into a partnership aimed at transforming capital access for small and medium-sized enterprises (SMEs) in the UK.

Forward Financing, a prominent FinTech company based in Boston, has announced an increase in its existing credit facility from $250m to $450m.

FlexiLoans, an innovator in India's digital lending space, has announced a successful equity raise of $34.5m in its latest Series C funding round.