Tag: lending technology

iwoca secures £250m facility to boost UK SME lending

iwoca, one of the largest SME lenders in Europe, has finalised a £250m funding structure alongside a leading UK bank and Waterfall Asset Management...

Mbanq lands first institutional backing for $100m note

Mbanq, a US-based banking infrastructure and embedded finance provider, has secured the first institutional investment into its $100m loan participation note programme, with a...

Twenty7tec opens ADAPT to all RESEARCH users for free

Twenty7tec, a FinTech for advisers, has opened up complimentary access to ADAPT, its proactive market surveillance solution, for every RESEARCH user over a two-month...

Scienaptic AI bets on smarter lending at Communication FCU

Communication Federal Credit Union, an Oklahoma City-based lender with $2.3bn in assets, has deployed Scienaptic AI’s credit decisioning platform as it looks to expand...

Forward Financing lands $525m to boost SME lending

Forward Financing, a Boston-based FinTech that supplies capital to small businesses throughout the United States, has closed $525m in fresh financing to bolster its...

Lloyds backs PremFina with £400m as loan book soars

PremFina, a UK insurance premium finance provider, has secured a new £400m senior debt facility from Lloyds as it expands its funding capacity and...

Float lands €4.5m Series A to close Europe’s tech funding gap

Float, the Stockholm-founded revenue-based financing platform serving European tech SMEs, has secured €4.5m in a Series A round as it looks to narrow the...

Bibby secures €250m HSBC deal to fuel SME growth

Bibby Financial Services, the international financial services provider, has secured a €250m facility from HSBC UK as it looks to deepen its backing of...

Indonesian lender JULO secures $5m in funding

Indonesian digital lending platform JULO has reportedly raised fresh capital from its current shareholders, according to a report from DealStreetAsia. The company is understood to...

Lendistry lands $100m East West Bank credit facility

Lendistry, a small business lender and grant administrator focused on undercapitalised entrepreneurs, has secured a $100m credit facility from East West Bank to expand...

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