In an area once dominated by banks, EMEA FinTechs are now major SMB lenders. Across Europe, Middle East and Africa (EMEA) region, a generation of FinTech lenders are shaking up the way small and medium-sized businesses (SMBs) access finance. And if recent events are anything...
Embedded lending firm iwoca has raised new finance to meet a rising level of demand. The firm has increased its funding line from £125 million ($153 million) to £170 million ($208 million) with Pollen Street Capital. It’s also increasing funding lines with other existing lenders,...
Cross-border payment service provider LianLian Global is teaming up with three European FinTechs to boost financing options for eCommerce merchants. The company said named the three firms in a Monday (Nov. 14) press release: Spanish eCommerce technology company RITMO, as well as the embedded finance...
Today in B2B payments, Freshworks’ initial public offering value could be close to $10 billion and open finance platform mmob adds iwoca. Plus, asset manager White Oak acquires trade finance firm Finacity, FloBiz grabs $31 million for growth and Check and Procare improve child care...
August 27, 2018
Small business (SMBs) are distinct from other customer groups, Tide CEO Dr. Oliver Prill told Karen Webster during this week’s Monday Conversation, with a specific set of product and service needs that often go unmet because they are so unique. That means small businesses of all sizes — particularly the small businesses with fewer than 10 employees — simply deal with inefficiencies in […]
October 07, 2016
This week, B2B FinTech players saw some of the largest deals this year, injecting renewed confidence in the space. There may have only been four funding rounds that closed, but...
October 16, 2023
European small business lender iwoca says it has raised $243 million in new funding. The financing, announced late Monday (Oct. 16), follows the $152 million the London-based company raised in January to meet a rising demand for working capital among small- to medium-sized businesses (SMBs). “We started iwoca after the financial crisis to offer [SMBs] the support that […]
February 02, 2023
Embedded lending firm iwoca has raised new finance to meet a rising level of demand. The firm has increased its funding line from £125 million ($153 million) to £170 million...
November 14, 2022
Cross-border payment service provider LianLian Global is teaming up with three European FinTechs to boost financing options for eCommerce merchants. The company said named the three firms in a Monday...
March 30, 2017
Alternative lending was supposed to be the way SMEs broke through banking barriers to gain access to capital, enabling them to boost growth opportunities, investment options, commercialization of innovations and...
