Iwoca lands £270m debt funding package from Citibank and Barclays

UK-based SME lender Iwoca has landed a debt funding package totalling £270 million to increase its presence in both domestic and international markets amid the “mounting demand for finance from small businesses”.


UK online SME lender Capify bags £100m credit facility

Online SME lender Capify has secured a £100 million credit facility with UK-headquartered alternative asset manager Pollen Street Capital. new multi-year facility will increase its lending capacity for funding-ready SMEs while also “enabling us to deliver on our own growth plans.


Wagestream raises £17.5m to enhance financial services for frontline workers

Wagestream, a pioneering FinTech company, has successfully secured a £17.5m investment in a recent funding round. According to Business Cloud, this significant financial infusion features contributions from British Patient Capital, a major domestic investor in venture opportunities and a subsidiary of the British Business Bank, Lombard Odier Investment Managers, and Northzone, an existing investor.


Finmid secures €35m to revolutionise embedded financing for B2B platforms across Europe

Finmid, the Berlin-based FinTech innovator, has announced a significant €35m funding round as it emerges from stealth mode.


Neobanks triumph in user growth with 18 million more downloads than legacy banks in 2023

Neobanks have outstripped traditional banks in app user acquisition in 2023, with an impressive 18m more app users than their legacy counterparts, according to a recent analysis by App Radar.