Tagged: sme loans

UK’s Funding Circle Facilitates £240M Securitization of Investor’s SME Loan Portfolio

Funding Circle (LSE: FCH),which claims to be the UK’s largest small business lending platform, and Waterfall Asset Management (WAM), a multi-national institutional asset manager, announce “the closing of a £240m securitization backed by SME loans.” The loans, “financed by funds managed by WAM, and originated… Read More

Swedish Fintech Krea Makes SME Loans Accessible with Klarna Kosma

Klarna Kosma, Klarna‘s financial technology platform for banks, Fintechs, and innovative retailers, announced that its partnership with Krea, a digital loans platform for Small and Medium-sized businesses (SMEs) in Sweden “has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower… Read More

Chinese Fintech OneConnect, a Tech-as-a-Service Platform for Financial Institutions, Shares Latest Financial Results

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), an established  technology-as-a-service platform for financial institutions based in China, has released its unaudited financial results for Q2 2021 and H1 for the period ending June 30, 2021. As noted by OneConnect, revenue surged 25.0% YoY to RMB968… Read More

P2P Lending Platform Flender Selects Equifax to Support Underwriting for UK SME Loans

Following the closing of its Seedrs equity crowdfunding campaign, peer-to-peer lender Flender has selected Equifax Limited to support the underwriting for UK small and medium enterprises (SME) loans. Flender, which secured £501,700 from more than 230 investors through its equity crowdfunding round, is authorized and regulated… Read More

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