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Softloans, a fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth and development initiatives.The investment round was spearheaded by venture capital firm Firstpick, alongside contributions from several business angels, signalling strong...
#digital#e-commerce#management
Australian lender Bizcap is set to launch in the UK, aiming to empower small businesses by swiftly providing them with…
#SME lending
EIB Group synthetic securitisation will enable Erste Bank to lend up to €196m to small and mid-sized businesses in Austria.The transaction…
#bank#EIF#guarantees
Citi, a financial institution with a 62-year presence in the Dominican Republic, has structured two loans to facilitate local trade…
#SME lending#working capital
The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…
#ADB#guarantees
UK Finance has released its latest Business Finance Review which reports on the finance needs of small and medium-sized enterprises (SMEs) in…
#commercial finance#interest rates#invoice
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
Mahindra & Mahindra Financial Services (MMFSL), part of the Mahindra Group, has announced a collaboration with Lendingkart, a fintech company.This…
#lending platform
Maybank has announced its plans to disburse approximately RM18bn (US$208.4m) in SME financing for the year 2024, marking a 13…
#sustainable financing
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
Small businesses are finding it harder to access finance and are seeing credit costs rise, according to new research by…
#business finance#credit risk#management