Monese aims to secure fresh funding after recording £30.5m annual loss for 2022
Monese records £30.5 million loss for 2022, seeks new funding
Generated revenues of £27.7 million, attributing the increase to growth in active customer...
Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment
Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment.
The investment...
UK fintech Bumper raises $48m in Series B funding round
Funding News: Bumper, a car repair fintech, secures $48 million in Series B funding.
Services Offered: Bumper enables flexible payments for car repairs,...
SellersFi closes $300 million credit facility with Citi and Fasanara Capital
SellersFi, a global fintech startup, closed a new US credit facility with Citi and Fasanara Capital for $135MM, potentially expanding to $300M.
Citi...
Each responds to Esma call on shortening settlement cycles
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Cleafy revamps banking security to deal with pressing malware threats
Financial Security Challenge:The evolving banking landscape faces a significant challenge from new malware variants.Cleafy's Innovative Solution:Cleafy introduces groundbreaking technology for...
Saudi savings fintech Hakbah closes $5.2 million fund raise
Successful Fundraise: Hakbah, a leading Saudi fintech savings platform, announces a successful $5.1 million Series A fundraise.
Investors: The funding round, led by...
Yonder goes live with GoCardless for Variable Recurring Payments
Yonder and GoCardless Partnership:Yonder, a modern rewards credit card, extends its relationship with GoCardless.
Introduces Variable Recurring Payments (VRPs) alongside existing Direct...
HSBC expands technology scale-up lending by £100 million
HSBC UK expands 'Growth Lending' fund from £250M to £350M due to increased demand from high-growth tech scale-ups.
Fund launched in response to...
