Tag: SME Lending

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.

Colombian FinTech company Finaktiva has reportedly raised $25m in a mix of debt and equity.

Defacto, a credit infrastructure platform, has raised €15m in a funding round, which was led by Northzone.

India-based FinTech GetVantage has reportedly scored $36m in a growth round led by Varanium Nexgen Fintech Fund and DMI Sparkle Fund.

UK business challenger bank Allica Bank has secured ?55m in fresh funding, just seven months after closing ?110m in its Series B.