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CredibleX, an Abu Dhabi, UAE-based provider of a working capital finance platform for SMEs, raised US$55m in Seed funding. The round consisted of a Seed equity investment from Further Ventures, and participation in debt from Kilgour Williams Capital, Berkley Square...
#CredibleX#fintech#receivables finance platform
Capitalise.com, the UK based business finance platform, announces their collaboration with Plaid to bring pre-approved funding to 150,000 small businesses.…
#Capitalise#Ollie Maitland#open banking
Douglas Grant, Managing Director at Manx Financial Group, comments on how UK SMEs in 2025 will face significant challenges and…
#agility#Douglas Grant#Manx Financial
French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized…
#Defacto#electronic invoice#factoring
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
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
The African Development Bank (AfDB) and Bank of Africa SA (BofA) have signed a risk-sharing agreement of €50m to strengthen…
#AfDB#African Development Bank#African trade
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
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
IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh…
#City Bank#IFC#Mashrur Arefin
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a US$30m anchor investment in Nexxus…
#financing gap#IFC#sme finance
YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded…
#embedded financing#integrated financing solutions#sme finance
Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, and Ajman…
#Ajman Bank#EDB#sme finance