Saturday, July 20, 2019

Kabbage Secures $200 Million Revolving Credit Facility

Global financial service platform Kabbage announced on Tuesday it has secured a $200 million revolving credit facility to support its growth for providing U.S. small businesses access to flexible, online funding. Read more: crowdfundinsider

Update: Assetz Capital Surpasses £1.8 Million Through Equity Crowdfunding Efforts on...

UK-based peer-to-peer lending platform Assetz Capital has successfully surpassed £1.8 million through its equity crowdfunding campaign on Seedrs. Read more: crowdfundinsider

Fintech startups get a share of £25 million from RBS bail...

Five fintech startups - Codat, Fluidly, Form3 Funding Options and Swoop Finance - are the latest beneficiaries Read more: finextra

CrowdProperty Funds 600th Home, Tops £40 Million in Lending

Peer to peer property lender CrowdProperty has funded its 92nd project. Read more: crowdfundinsider

Kabbage Forms New Partnership with BTEA to Fuel Access to Funding...

Kabbage announced on Friday it has teamed up with the Building Trades Employers’ Association (BTEA) Read more: crowdfundinsider

Sharia-compliant FinTech startup nets funding from Tryb

The companies said they plan to take advantage of the “huge and untapped” sharia fintech market in Indonesia. Read more: www.techinasia.com

Vayana Network enables Rs.15000+ Crores in Trade Financing

Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, announced that it has facilitated over Rs.15000 crores in trade finance. Read more: www.fintech.finance

Sezzle Raises $5.6M in New Funding

Alternative payments specialist Sezzle has raised $5.6m in funding in advance of its debut on the Australian Securities Exchange (ASX) later this year. Read more: finovate.com

Forward Financing to build on growth with $90m credit facility

Forward Financing will increase its capacity to fund small business customers after closing on a $90 million credit facility, reports Jane Connolly. Read more: www.bankingtech.com

Kabbage Pulls in $700M in Debt Funding

Alternative financing startup Kabbage closed a $700m asset backed securitization this week. Read more: finovate.com