BNP Paribas launches UK fund for SME lending
The bank hasn’t unveiled the amount of money bound to the fund.
SME
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
P2Binvestor allies with Amalgamated Bank for SME funding
New partnership. More deals. Bigger financing opportunities for small businesses.
Lendtech OnDeck scores $93m in two credit facilities
Asset-backed funds come from Credit Suisse and Crédit Agricole.
Starling marketplace grows with Growth Street addition
The first live use of SME finance provider’s third-party API.
Chinese fintech platform Pintec files $70m IPO
Comes on the back of revenue growth.
Insurtech Digital Risks feeling brisk with £2.25m funding
Firm offers a monthly subscription model for start-ups.
UK challenger BankNorth preps for launch
Will target the crowded SME lending market.
Non-bank lending in 2018: what’s the current picture?
UK’s booming SME sector is full of life – but it’s been choked by a lack of traditional access to funding.
Thinking Capital and Equifax go to BillMarket for Canadian SMEs
The duo have launched a new solution, BillMarket.
Mastercard and Strands join hands for SME payments
Will provide digital cash management and payment tools.
Equifax and Consents Online in open banking pact
Will develop solutions for UK consumers and small businesses.
Hong Kong digital bank Neat nabs tidy $2m funding
Will be used for new features, tools and recruitment.
SimplyFi teams with Tochka Bank for SME lending in Russia
Credit decisions are made within two hours.
Co-op Money NZ thrilled by passing of credit union Bill
Calls it endorsement for future of New Zealand’s credit union sector.
Santander-backed Asto finance app preps for beta launch
London-based firm wants to be a pocket business helper.
Lendtech Ezbob buzzing with sweet investment from Honeycomb
Alternative business lending company gets some sugar-coated cash.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Australian payments start-up Airwallex raises $80m
Melbourne-based firm combines payments and FX transfers.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
Highland Europe looking up with new €463m funding
It brings the tech investor’s assets to over a billion.
BizEquity brings Valuation-as-a-Service to TD Bank
BizEquity just signed its first – really big – bank.
Trezeo seeks funding from the crowd at Seedrs
Business account provider targets 5m people in self-employed sector.
FairFX shows SMEs a whole new world
An international business account for SMEs to go global.
Amex and Amazon ally in co-brand card game
One of the GAFA gang reveals its paytech plan.
P2Binvestor raises $17m to expand lending programme
To fund growth mostly for its new bank partnership programme.
KeyBank acquisition Bolstr-s digital lending dream
US-based bank buys digital lending platform for small businesses.
MYbank plans stellar SME support
Ant Financial brand offers the promised land.
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
Agorai invests £20m in UK AI market
A vote of confidence in the UK.
Xero launches Connected Accounting, partners with Citibank
Xero unveils the first wave of new features at Xerocon Atlanta.
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Gusto unveils Partner Directory of accountants for SMEs
Gusto launches its own Yelp for accountants.
ING pushes for open banking with SME financing platform and Yolt expansion
ING is leveraging open banking and making their SME and retail offer more attractive than ever across Europe
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Digital bank Lidya lands $6.9m funding
The latest round brings the bank’s total funding to $8.2 million.
Former MD of Metro Bank preps new SME challenger
New UK-based bank to be called Recognise.
Tinkoff Bank to launch new development hub in Sochi
Russian bank working with the Talent and Success Foundation.
ShopKeep launches on Android to broaden hardware options
POS-itive news from US point of sale technology provider.
