Tag: business lending

Simply Asset Finance, a UK-based SME lender, has launched a new AI-powered virtual agent named Kara to help reshape the lending experience and enhance operational efficiency.

OakNorth, a leading digital commercial bank for entrepreneurs, has announced the acquisition of Community Unity Bank (CUB), a Michigan-based, FDIC-insured community bank.

Capital on Tap has secured two major funding facilities worth £750m to support its expansion and further enhance financial services for small businesses across the UK and US.

Validis, a leader in financial data collection and standardisation, has received strategic investments from Citi and Barclays.

Summerland Bank, a customer-owned regional mutual bank headquartered in Lismore, Australia, is set to revolutionise its digital banking services through a strategic partnership with nCino, a global leader in cloud banking solutions.

Australian FinTech company Timelio has received a $270m in a debt facility supplied by Goldman Sachs and other unnamed investors.