Tag: European Investment Fund

Swedish FinTech company Froda, a leading provider of embedded finance solutions for small and medium-sized enterprises (SMEs), has raised €20m in a Series B funding round.

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.

Instant Factoring IFN, a pioneering Romanian FinTech firm, has recently secured a significant financial boost.

Software Group, a prominent global provider of technology solutions for the finance sector, has successfully secured a substantial investment to bolster its growth and innovation.

Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.

Online lending marketplace October has received a new €100m commitment from the European Investment Fund (EIF) and a group of other investors to help support European SMEs.

Italian venture capital investor P101 has hit a €65m first close for its new fund thanks to backing from the European Investment Fund and Fondo Italiano d’Investimento.