British small business lender iwoca secures £150 million

London-based small business lender iwoca has raised £150 million. The round supposedly consists of £20 million in equity funding from Augmentum Fintech and Prime Ventures and £130 million in debt capital from NIBC Bank, City A.M. reported. The former part includes an earlier £7.5 million capital injection by Augmentum Fintech announced in January. The company, […]

UK-based “bank in an app” Starling Bank raises £75 million

British mobile-first digital banking startup Starling Bank has raised £75 million in funding, of which £60 million comes from a round led by Merian Global Investors, and another £15 million from an existing investor. The company plans to use the money to accelerate its European expansion and further develop the banking offering for private customers […]

Swiss fintech startup Loanboox raises €20 million

Zurich-based startup Loanboox has landed a €20 million Series B funding round at a valuation of €110 million from several investors, including Deutsche Kreditbank AG and the LGT Group. Loanboox has developed a platform for mediation of financing and investments for public corporations, banks, large companies and institutional investors. The company claims to have processed […]

UK-based fintech startup MarketInvoice raises £26 million from Barclays and Santander

UK-based invoice trading and business lending startup MarketInvoice has raised £26 million in a funding round led by Barclays and fintech fund Santander InnoVentures. In addition to that, it’s secured a debt facility of up to £30 million from Viola Credit, which also participated in the equity round. MarketInvoice provides financing against outstanding customer invoices, […]

UK-based payment platform AccessPay raises £9 million

Manchester-founded fintech startup AccessPay has landed a £9 million funding round led by Beringea. This is the first investment deal in the North of England Beringea made after opening an office in Manchester recently. Founded in 2012, AccessPay is a platform for business payments and cash management for finance and treasury teams, which connects corporate […]