Tags SME Finance

Tag: SME Finance

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

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

OnDeck acquires Evolocity

Alternative small business lending platform OnDeck finalised its purchase of Canada-based small business lender Evolocity Financial Group, reports Julie Muhn at Finovate. Read more: www.bankingtech.com

Synchrony Picks Fundbox to Provide B2B Credit for Merchants

FinTech company Fundbox has partnered with Synchrony to make B2B credit available to the financial services firm’s merchant client base. Read more: bankingtech.com

StanChart to set up digital SME platform in India

Standard Chartered’s SC Ventures unit will be launching an open platform for SMEs in India to tap into this highly popular market. Read more: www.bankingtech.com

Singapore FinTech Startup Lands Series A1 Funding from OSK Ventures, More

OSK Ventures International, a Malaysia-based private equity firm, announced that it has led a series A1 funding round for Singapore-based fintech startup TurnKey Lender. Read more: techinasia.com

CAN Capital picks up $287m credit facility to make additional investments

CAN Capital, a small business financing enterprise, has collected $287m in a credit facility from Varadero Capital. Read more: fintech.global

Britain’s small businesses bank on alternative finance options

With more than half of small business owners in the UK concerned about their ability to get bank loans, many are turning to other alternatives. Read More: www.finextra.com

Warsaw-based LeaseLink reels in $2.45m

LeaseLink, a Warsaw, Poland-based provider of financial leasing transactions, has raised nearly $2.45m in its latest round of financing. Read more: fintech.global