Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has closed a new committed debt facility, totaling more than $125 million. According to Petal, the new facility includes $100 million from Silicon Valley Bank (SVB), the bank… Read More
London-based TotallyMoney, a Fintech firm that helps its clients make better financial decisions by putting them right at the center of their credit data, has reportedly raised £5 million (appr. $6.5 million) from Silicon Valley Bank (SVB). TotallyMoney’s management says it aims to make financial… Read More
The Silicon Valley Bank (SVB) has published their report on the state of the Startup scene in the UK. And, according to the authors, the UK is preparing for a “new reality” as a “healthy recalibration” is occurring. The UK has been a hotbed for… Read More
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