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UK Finance has released its latest Business Finance Review which reports on the finance needs of small and medium-sized enterprises (SMEs) in the fourth quarter of 2023 and the year as a whole.Demand uncertainty, higher interest rates, and the impact of lending...
#commercial finance#interest rates#invoice
ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…
#bank#emerging markets#management
Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…
#bank#digital#SME lending
Praetura Commercial Finance, alongside sister company Zodeq, has finalised a £200 million asset-based lending securitisation facility with Barclays, aimed at…
#Praetura#SME lending
Securitisation fundraising by small finance banks (SFBs) in India is anticipated to surpass Rs 10,000 crore (US$1.2bn) in FY2024, soaring…
#SME lending
In response to mounting concerns over lending practices in the small business sector, the UK Financial Conduct Authority (FCA) has…
#FCA#FSB#SME lending
DBT Capital, a Swedish SME lender, has secured SEK 285m (€25.3m) in funding with backing from the European Investment Fund…
#EIF#Marjut Falkstedt#SME lending
Veefin Solutions proudly announces its latest addition to its clientele in the Indian fintech sector: 'FinnUp,' a versatile multi-lender platform.…
#SME lending#supply chain finance#Veefin
Magnati, a prominent payment solutions provider in the Middle East, has joined forces with Biz2X, a global fintech leader in…
#Biz2X#SME lending
In a strategic partnership aimed at enhancing small business financing options, iwoca, a leading SME lender in Europe, has joined…
SME apprehensions regarding a potential economic downturn have diminished by a significant third (32%) since Q4 2022, as per iwoca's…
Bunq, the Dutch digital bank, has reached a significant milestone by achieving profitability in 2023. With this accomplishment under its…
Singaporean fintech firm Validus Group is strategically addressing SME financing challenges in the region using data analytics, AI, and supply-chain…
#SME financing#SME lending#Validus