CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
SME
Greece’s first challenger Praxia picks Temenos T24 core banking system
As it recovers economically, SME lending can add a boost to the country.
Countingup on the up with £2.3m seed funding
UK-based challenger bank will develop its accounting features.
Funding Circle plans to raise £300m in IPO
Lending platform’s plan was first revealed in January. Now it’s official.
HSBC preparing challenger bank on the side
A beta version of this new SME bank may come this year.
PaySimple goes mad for email marketing
Unveils partnerships with MailChimp and Constant Contact.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
BTPN completes front office revamp with Diasoft’s Flextera
Retail bank in transformation throughout Indonesia.
Debitum debuts in alternative finance space
Blockchain-based and coming in September.
US wakes up to SME cybersecurity needs
The cybersecurity act disregarded SMEs, and this latest bill aims to fix that.
SME bank Tide feels pride with £8m investment
As happy as a clam at high Tide.
US challenger Grasshopper Bank hops into view
Selects core banking software – Temenos’ T24.
Digital champion Compeon unleashes SME loans in Germany
Digitaler Mittelstandskredit ist hier!
CurrencyFair to buy Convoy Payments for Asia advance
All part of a €20 million investment plan.
Four de novo banks coming to Carolinas
Three US start-up banks are being launched in North Carolina, with one also powering up in South Carolina.
Alpha Business Bank readying to take on American SMEs
Claims to “get” small businesses.
Visa invests in Behalf for SME financing push
All part of Visa’s commitment to invest up to $100m in fintech.
Australian SME lender Skippr closes $16m funding round
Financing start-up sends message of reassurance.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
UK challenger bank LQID smoothly starts up
To “bridge the gap” between digital and high street challengers.
Banque Palatine launches pre-paid travel card
A mobile app/card combination to withdraw and pay on any currency available.
Barclays takes stake in SME lender MarketInvoice
First high street bank to enter into a partnership with the fintech firm.
Australian challenger bank Judo Capital gets $140m funding
SME plans are on Judo’s hip pocket.
TransferMate finds €21m investment mate in ING
They want more SME customers and corporate clients.
Poland’s Horum Bank readies for launch abroad
Seeking a licence from one of the Baltic countries.
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
BNP Paribas launches UK fund for SME lending
The bank hasn’t unveiled the amount of money bound to the fund.
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
P2Binvestor allies with Amalgamated Bank for SME funding
New partnership. More deals. Bigger financing opportunities for small businesses.
Lendtech OnDeck scores $93m in two credit facilities
Asset-backed funds come from Credit Suisse and Crédit Agricole.
Starling marketplace grows with Growth Street addition
The first live use of SME finance provider’s third-party API.
Chinese fintech platform Pintec files $70m IPO
Comes on the back of revenue growth.
Insurtech Digital Risks feeling brisk with £2.25m funding
Firm offers a monthly subscription model for start-ups.
UK challenger BankNorth preps for launch
Will target the crowded SME lending market.
Non-bank lending in 2018: what’s the current picture?
UK’s booming SME sector is full of life – but it’s been choked by a lack of traditional access to funding.
Thinking Capital and Equifax go to BillMarket for Canadian SMEs
The duo have launched a new solution, BillMarket.
Mastercard and Strands join hands for SME payments
Will provide digital cash management and payment tools.
Equifax and Consents Online in open banking pact
Will develop solutions for UK consumers and small businesses.
Hong Kong digital bank Neat nabs tidy $2m funding
Will be used for new features, tools and recruitment.
SimplyFi teams with Tochka Bank for SME lending in Russia
Credit decisions are made within two hours.
