TradeBridge, a business lender, has received a credit facility of up to £100m from Castlelake, a global investment manager.
FinGoal, an Insights platform focused on personalisation in banking, has secured an investment from Naples Technology Ventures.
Spanish FinTech investment stats in 2022:
• Spanish FinTech deal activity reached 95 deals in 2022, a 35% drop from 2021
• Spanish FinTech investment dropped to $336m in 2022, a 63% reduction from the previous year
• Blockchain & Crypto and InsurTech were the most active FinTech subsectors with 15 deals each. Spanish FinTech investment saw a significant 63% decline in 2022,...
ING has unveiled plans to introduce funding restrictions that will target oil and gas infrastructure as it seeks to align with its climate goals.
Rippling, a California-based FinTech that helps firms manage their finances and operations, has scored $500m in Series E funding.
Industry Research
Large deals over $100m account for 23% of total FinTech investment in Germany during 2022
German FinTech investment stats in 2022:
• German FinTech investment reached $4.3bn in 2022, a 47% drop from 2021
• FinTech deal activity in Germany dropped 24% to 222 deals from the previous year
• RegTech and WealthTech were the joint most active FinTech subsectors with 33 deals each German FinTech deal activity and investment saw a drop in 2022 from 2021 levels...
A study by Allica Bank has found plans by the UK PRA to change bank capital rules could put £44bn of SME lending at risk.
President Biden has issued the first veto of his presidency after the Republicans voted to overturn ESG considerations in ERISA plans.
Two, a Norwegian company aiming to make B2B transactions more seamless, has raised €18m in a Series A investment round.
Generali UK has partnered with reinsurance software provider Supercede, as its reinsurance technology provider.
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