Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Capify secures £100 million credit facility from Pollen Street Capital

Leading online SME lender Capify has today secured a £100 million credit facility from Pollen Street Capital (“Pollen Street”), an alternative asset manager dedicated to investing within financial and business services.

29 April 2024

Company update/startups

Latvian fintech startup inGain raises EUR 650,000

Latvian fintech startup inGain has announced that it has raised EUR 650,000 in funding from venture capital funds Trind VC and Fiedler Capital, as well as from the Latvian Business Angels network and several business angels.

18 April 2024

Company update/retail

Finastra launches online marketplace for retail lending

Finastra, a global provider of financial software applications and marketplaces, today announced the launch of the Solution Store, an innovative online platform that offers customers the convenience of browsing and purchasing Finastra retail lending solutions.

17 April 2024

News/wholesale

Barclays invests in Funding Xchange

Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.

11 April 2024

Company update/startups

Isle of Man announces participants in fintech challenge

The Isle of Man Government today reveals the cohort of 16 international organisations that will take part in the Island’s biggest ever Innovation Challenge.

10 April 2024

Company update/startups

Fintech infrastructure startup Parafin secures $125m warehouse facility

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. (“Trinity”), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin.

09 April 2024

Company update/retail

Yabx and PayCliq team on merchant cash advance service in Nigeria

Yabx, a leading player in the sustainable financial inclusion space, has today announced that it is partnering with PayCliq to introduce a revolutionary merchant cash advance service in Nigeria.

08 April 2024

News/payments

David Birch confirmed as EBAday 2024 challenge speaker

Exploring digital money, digital assets, digital identity and the future of banking, David G. W. Birch has been confirmed as the keynote speaker for one of the most compelling sessions at EBAday every year.

05 April 2024

News/crypto

ZA Bank launches services for stablecoin issuers

ZA Bank has launched banking services for stablecoin issuers, in part of their ‘Banking for Web3’ initiative.

05 April 2024

News/retail

ZayZoon raises $15m for earned wage access platform

ZayZoon, an earned wage access provider for SMEs has raised $15 million in a Series B extension led by Viola Fintech.

27 March 2024

Company update/startups

Stax Payment founders launch AI-powered credit underwriting platform Worth AI

Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.

19 March 2024

Company update/wholesale

Levenue acquires MidFunder

Levenue, Europe’s largest revenue based financing company, has acquired MidFunder, a Zurich based FinTech that provides financing for companies with recurring revenue. The acquisition marks a strategic move to enhance its Swiss operations.

13 March 2024

News/wholesale

Wayflyer moves into brick-and-mortar segment

Cash advance platform Wayflyer is to expand its offering beyond online-only businesses to support brands that sell into brick-and-mortar retail channels.

11 March 2024

Company update/payments

Viva.com debuts Merchant Advance financing package in Europe

Viva.com, Europe’s first technology bank for payments powering card acceptance on any device in 24 markets, has announced the launch of Merchant Advance.

05 March 2024

News/retail

SC Ventures launches supply chain financing marketplace for Ghanaian MSMEs

Standard Chartered's innovation and investment arm SC Ventures is launching a B2B online marketplace offering small firms in Ghana access to financing options.

29 February 2024

Company update/wholesale

Mollie Capital launches to provide UK merchants with fast and flexible financing

Mollie, one of the fastest growing financial services providers in Europe, today announced the UK launch of Mollie Capital – a fast and flexible way for SME merchants to access funding.

19 February 2024

News/retail

Amazon and SellersFi partner to offer sellers credit lines

Amazon is teaming up with SellersFi to offer sellers on its platform credit lines of up to $10 million.

31 January 2024

Company update/wholesale

YouLend completes securitization deal with JPMorgan

YouLend, the leading global embedded finance platform, announces the completion of a private securitisation transaction with global financial services firm J.P. Morgan as a senior lender and Castlelake, L.P. providing subordinate debt.

29 January 2024

Company update/wholesale