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Pennylane and Defacto simplify instant invoice financing for SMEs

French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized enterprises (SMEs). Building on Pennylane’s status as a certified Partner Dematerialisation Platform (PDP) since September 2024, the two companies are...

#Defacto#electronic invoice#factoring

New funding to boost CDFIs and UK SME lending

The British Business Bank, Responsible Finance, and JPMorganChase have announced initiatives to address the finance gap for small businesses in…

#British Business Bank#JPMorgan#Responsible Finance


PragmaGO acquires Romanian fintech Telecredit for €5.8M

Enterprise Investors-backed Polish fintech PragmaGO, one of Poland's largest non-banking financial institutions serving small and medium-sized enterprises (SMEs), has acquired…

#aquasition#factoring#fintech


YouLend and Tpay partner to boost SME financing

YouLend, a global leader in embedded finance, has partnered with Polish payment services provider Tpay to offer flexible financing solutions…

#embedded finance#embedded lending#YouLend


Joint administrators were appointed for Stenn Assets UK Ltd...

Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed joint administrators to Stenn Assets UK Limited and Stenn…

#Jim Tucker#joint administrators#Joshua Dwyer


Stenn defends against HSBC application to appoint administrators for...

London-based invoice finance fintech Stenn is confronted with legal action from HSBC. According to a release, HSBC Innovation Banking has…

#HSBC#HSBC Innovation Banking#Stenn


Mike Freebury is appointed as Head of Sales in...

Time Finance is announcing that Mike Freebury (pictured) has taken up the role within its invoice finance division as Head…

#asset based lending#Mike Freebury#Phil Chesham


Pulse Cashflow appoints Matt Harding as BDM

Pulse Cashflow Finance have announced today that they have appointed Matt Harding (pictured) to the role of Business Development Manager…

#Business Development Manager#Matt Harding#Pulse Cashflow Finance


ABN AMRO announces strategic realignment

ABN AMRO has announced a significant strategic shift in its Asset-Based Finance (ABF) division, aiming to reduce its international footprint…

#ABN AMRO#asset based lending#factoring


British Business Bank increases ENABLE funding for Simply Asset...

The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of…

#asset based lending#British Business Bank#invoice finance


Santander CIB and Pemberton launch Invensa for supply chain...

Santander Corporate & Investment Banking (“Santander CIB”), Santander’s global division that supports corporate and institutional clients, and Pemberton Asset Management…

#Inventory finance#Santander CIB#supply chian finance


Aldermore provides ABL support for Astwood Group’s acquisition of...

Aldermore Bank has provided a multi-million-pound asset-based lending (ABL) facility to Michael Capewell’s Astwood Group, enabling the acquisition of T.D.…

#ABL#Aldermore#sme finance

iwoca achieves LSB business standards registration

Recognition for iwoca’s commitment to SME lending The Lending Standards Board (LSB) announced that iwoca, one of Europe’s largest SME…

#iwoca#sme finance

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