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Small business lender iwoca has will offer its invoice payments product iwocaPay for free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.
Habito, Grover and Iwoca investor Augmentum Fintech is planning to raise £28m for future investments by conducting a placing of new ordinary shares.
FinTech deal activity in Q2 hit a five-quarter low as deal pipelines are drying up and investors taking a more cautious approach due to economic uncertainty.
Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.
From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.
Marketplace Lending companies raised $1.4bn in the first three months of 2020, a decline of 35% compared to Q1 last year Total Marketplace Lending funding...
UK FinTech companies raised over £1.3bn across 96 deals in the first three months of 2020 As London established itself as the FinTech capital...
Small business loan provider iwoca has released a new OpenLending solution which hopes to help companies brace the troubles of COVID-19 (coronavirus).
Global asset manager Insight Investment has reportedly supplied European small business lender iwoca with €100m in debt capital to help the FinTech finance more loans.
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