Here are the biggest fintech funding rounds in Europe of 2020 so far
Despite the economic downturn over £1.3bn has been invested in the top five fundraises alone.
Kapilendo and Varengold partner on digital access to German state-backed loans
German alternative lender Kapilendo has today launched instant-access to German state-backed loans with the financial support of Varengold Bank.
US non-bank lender Upgrade closes $40m round with the help of Santander
Upgrade, the US alternative lender, has raised a $40m Series D funding round from investors including Santander InnoVentures.
Metro Bank looks to acquire peer-to-peer lender RateSetter amid coronavirus crisis
Metro Bank is in talks to acquire RateSetter, one of the largest peer-to-peer lenders in the UK RateSetter.
Global fintech lending worth £230bn by end of year
The global fintech lending industry will be worth $291.4bn (£230bn) by the end of 2020, with peer-to-peer business lending representing 70 per cent of that total.