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Business lender TradeBridge secures credit facility of up to £100m
TradeBridge, a business lender, has received a credit facility of up to £100m from Castlelake, a global investment manager.
New trade financing 40Seas emerges from stealth with $111m
40Seas is a new cross-border trade financing solution launched out of stealth following the close of an $11m seed funding round.
SME non-dilutive financing provider Karmen nets €50m debt
Just 10 months after its first financing round, SME non-dilutive financing provider Karmen has raised €50m in debt.
As a recession looms, how SME lending will be a cornerstone...
It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour.
ALAMI nets funding for Shariah-compliant P2P SME lending
Indonesia-based ALAMI Group, which offers Shariah-compliant P2P SME lending services, has reportedly closed its pre-Series B funding round.
France-based Silvr raises â‚¬130m
France-based Silvr has raised â‚¬130m for its Series A investment round, which will aid its hiring efforts.
Colombian FinTech startup Finaktiva raises $25m
Colombian FinTech company Finaktiva has reportedly raised $25m in a mix of debt and equity.
France-based SME lender Defacto picks up â‚¬15m
Defacto, a credit infrastructure platform, has raised â‚¬15m in a funding round, which was led by Northzone.
India-based SME lending app GetVantage scores $36m round
India-based FinTech GetVantage has reportedly scored $36m in a growth round led by Varanium Nexgen Fintech Fund and DMI Sparkle Fund.
UK SME loan provider Allica Bank closes ?55m Series B
UK business challenger bank Allica Bank has secured ?55m in fresh funding, just seven months after closing ?110m in its Series B.