Tag: US

Small business lending startup Fundation has secured a $100m asset-backed credit facility from Wall Street giant Goldman Sachs.

Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.

Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator Continuity growth fund.

US payments processor and card reader Square is inching further into the European market with a series of three job openings highlighting the company’s expansion plans.

Enterprise software developer Chain has joined forces with the Initiative for Cryptocurrency and Contracts (IC3) to advance blockchain development.

Small business lending platform BizFi has reached a new milestone in its 12-year history having provided more than $1.8bn in SME loans to date.

PayPal is making further moves into the B2B payments space through a partnership with SME accounting platform Xero.

California-based mortgage lender Clara has raised $27m in a round of venture funding led by Redpoint Ventures and Venrock.

Second Measure, a data analysis company for investors, has raised $2m in a round of seed funding.

loanDepot, which claims to be the second-largest nonbank consumer lender in the US, has landed $150m in term debt financing.