SME Finance

New-York-based-lender-Dwight-Funding-bags-$100m-credit-facility

New York-based lender Dwight Funding bags $100m credit facility

Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.

Uplinq scores $3.5 for its SMB mission

Uplinq Financial Technologies, a global credit assessment platform for small-to-medium sized business (SMB) lenders, has raised $3.5m in a pre-seed funding round.

Mosaic lands $25m for strategic finance

Strategic finance platform Mosaic has raised $25m in Series B funding in a round led by Founders Fund.

Oxyzo Financial Services collects $200m in its Series A

Oxyzo Financial Services, a smart financing solution provider, has raised $200m in its Series A funding round.

Outgo emerges from stealth with $3.4m for freight carriers

Outgo, an all-in-one banking solution for freight carriers, has emerged from stealth with $3.4m in funding.

Hopscotch launches beta, extends seed

Hopscotch, a community-oriented B2B payments platform that facilitates instant, fee-free payments for small businesses and startups, has launched its private beta alongside a $6.1m seed extension.

Zaapi secures seed funding for Asian MSMEs

Zaapi, a mobile app that enables small businesses to launch an e-commerce presence, has raised $4m in seed funding.

CredAvenue joins Indian unicorn club

CredAvenue, which helps businesses and entrepreneurs secure debt from lenders, has secured $137m in Series B funding, making it the fastest Indian FinTech startup to join the unicorn club.

Southeast Asia-focused SME lender Funding Societies scored $144m

Funding Societies, an SME lending platform aimed at Southeast Asia, has closed its oversubscribed Series C+ round on $144m.

Atom picks up funding on its way to IPO

UK app-based bank Atom has raised more than £75m in new equity priced at 70p per share as it continues to grow and strive to go public.

News Stories

Stripe valued at $70bn in new Sequoia Capital deal

Stripe valued at $70bn in new Sequoia Capital deal

In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
EBA launches consultation on new MiCAR reporting guidelines

EBA launches consultation on new MiCAR reporting guidelines

The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.

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