SME Finance

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.

Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse.

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.

New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.

Small business lending startup Fundation has secured a $100m asset-backed credit facility from Wall Street giant Goldman Sachs.

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.

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

Online loans marketplace Lendio reported strong growth for Q2 2016, with the value of loans facilitated through the platform increasing by 86% year on year.

SME lender iwoca has raised £21m in a Series C round led by Prime Ventures. Funding also comes from existing backers.

Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.