Tagged: financing

May 31, 2023 @ 9:04 am By Omar Faridi  |  

Muse Finance, a working capital business finance provider – today announces the appointment of Julie Ashmore “as COO to help achieve its ambition to reach 30,000 customers and provide £1.5bn of SME financing in the next three years.” With three decades of experience in fintech,… Read More

May 28, 2023 @ 3:02 pm By Omar Faridi  |  

Unlimited, a new investment firm that gives all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications of typical fund structures, announced that it has “raised $8 million in Series A financing led by FirstMark and… Read More

May 24, 2023 @ 3:02 pm By Omar Faridi  |  

With the U.S. Small Business Administration (SBA) actively seeking new ways to help small business owners secure financing during the current credit crunch, Biz2Credit and CPA.com have introduced a new SBA 7(a) lending option “to the CPA Business Funding Portal, a cloud-based platform that supports… Read More

May 21, 2023 @ 6:31 am By Omar Faridi  |  

Amount, a fintech powering banking technology for consumer and small business account opening, loan origination and financing, announces the appointments of Kevin Trilli as Chief Product Officer and Raj Kolluri as Chief Technology Officer. Kevin Trilli, who “brings over 27 years of industry expertise, joins… Read More

May 16, 2023 @ 10:39 pm By Omar Faridi  |  

Tipalti, the global payables automation platform, announced today it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. (NYSE: HTGC). Coming on the heels of a $270 million Series F in 2021 “that brought the company’s total funding… Read More

May 15, 2023 @ 8:59 am By Omar Faridi  |  

Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK. Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of… Read More

May 13, 2023 @ 4:07 pm By Omar Faridi  |  

Last year, it was reported that late-stage tech backer Liquidity Group had raised $775M for its Fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is “part tech platform and part lender, using its technology to make decisions on deploying debt facilities… Read More

May 2, 2023 @ 2:39 pm By Omar Faridi  |  

C2FO claims it is the first and “only” platform to provide on-demand working capital to suppliers of major enterprises worldwide. To mark their 15th year of doing business, the company announced the launch of “a new brand and an enhanced website that bring the company’s… Read More

May 1, 2023 @ 11:37 am By Omar Faridi  |  

The team at Lendscape are pleased to confirm a new strategic technology partnership in order to “deliver greater efficiencies for finance providers and accelerate access to working capital for SMEs.” As the world’s technology provider for all forms of secured finance, they’ve partnered with Validis,… Read More

April 30, 2023 @ 10:23 pm By Omar Faridi  |  

LendInvest (AIM: LINV), the UK’s platform for mortgages, announces that Wells Fargo (NYSE: WFC) joins its £200 million financing syndicate with National Australia Bank (NAB) in order “to support the continued growth of its Buy-to-Let proposition.” Wells Fargo reportedly “joins a growing roster of global… Read More

April 26, 2023 @ 11:27 pm By Omar Faridi  |  

TreviPay, the global B2B payments and invoicing network, has partnered with Mirakl, the SaaS solution chosen by enterprises worldwide to manage their marketplace and dropship business, “to provide a centralized financing, invoicing and payment solution for manufacturers, distributors and group purchasing organizations operating marketplace and… Read More

April 23, 2023 @ 7:12 pm By Omar Faridi  |  

Tableland, a permissionless relational database for web3 applications, today announced a $8M Series A round led by CoinFund with participation from Multicoin Capital, Blueyard and A Capital, bringing the company’s total financing to $10.4M. The new funds from the investment round will be used “to… Read More

April 16, 2023 @ 11:07 pm By Omar Faridi  |  

Assetz Capital, which claims to be one of the UK’s leading alternative finance providers, has announced that it has “funded a loan of £2.83 million for a new residential development in the affluent area of Purley, south London.” The loan has been “granted to a… Read More

March 25, 2023 @ 8:47 am By Omar Faridi  |  

Maybank introduced Malaysia’s integrated automobile financing solution for Electric Vehicle (EV) and Hybrid customers “covering various aspects of owning an EV or Hybrid vehicle including holistic financing solutions, insurance and takaful coverage as well as EV charging privileges.” This is in line “with the Group’s… Read More

March 13, 2023 @ 3:05 pm By Omar Faridi  |  

Fintech lender Sonovate has surpassed £3.5bn in total funding and £1 billion in annual funding for the first time “as rising costs force businesses to seek finance to manage cashflow and drive growth.” During 2022, Sonovate reportedly “provided businesses with £1.1 billion in finance, a… Read More

February 25, 2023 @ 10:11 am By Omar Faridi  |  

UK car finance fintech Carmoola has raised a £8.5 million Series A round and £95 million debt facility to improve “the way people pay for car purchases.” The investment round was “led by US-based fintech specialists QED Investors, with participation from existing investors VentureFriends and… Read More

February 24, 2023 @ 9:02 am By Omar Faridi  |  

Funding Circle (LSE:FCH) has announced a partnership with Sage, a firm focused on accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). The collaboration “makes it simpler for small businesses to secure funding.” With the incorporation of Sage Accounting and Funding Circle’s… Read More

February 16, 2023 @ 9:27 am By Omar Faridi  |  

Demand for finance from the UK’s 5.5m small and medium-sized businesses1 is on the rise at the same time as banks are “reducing their lending appetite,” according to iwoca’s latest SME Expert Index. More than eight in ten SME finance brokers (82%) agree “that major… Read More

February 14, 2023 @ 9:05 pm By Omar Faridi  |  

In January, PeerBerry investors funded EUR 52.44 million of loans and received EUR 734 689 in interest. 1495 new investors joined the platform last month, the team at PeerBerry reveals. The average annual ROI (without loyalty interest) on PeerBerry in January “was 11.11%.” At the… Read More

February 11, 2023 @ 12:45 pm By Omar Faridi  |  

October has been providing financing to Qonto, Europe’s financial management company, for almost two years now. Integrated directly via API with the Qonto platform, October “analyzes customer requests in a few clicks to provide them with an instant loan offer.” With over 40,000 active retail… Read More