Tag: SME Lending

TP24, an innovative FinTech firm offering flexible revolving business credit, has successfully raised £345m in a debt funding round. The round was significantly bolstered by notable UK entities, Barclays Bank Plc (Barclays) and M&G Investments.

French FinTech firm, Defacto, a leading provider of loans to small and medium-sized enterprises (SMEs) via an API, has recently closed a significant securitisation fund.

Zurich-based Teylor, a leading European small-to-medium enterprises (SME) lender, has successfully secured a significant financing agreement with Barclays, M&G Investments, and other undisclosed investors.

Triver, which offers short-term working capital loans to SMEs, has raised £7m in a funding round.

TradeBridge, a business lender, has received a credit facility of up to £100m from Castlelake, a global investment manager.

40Seas is a new cross-border trade financing solution launched out of stealth following the close of an $11m seed funding round.

Just 10 months after its first financing round, SME non-dilutive financing provider Karmen has raised €50m in debt.

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. 

Indonesia-based ALAMI Group, which offers Shariah-compliant P2P SME lending services, has reportedly closed its pre-Series B funding round.

France-based Silvr has raised €130m for its Series A investment round, which will aid its hiring efforts.