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Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital

Key Points: Investment Details: Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen Street Capital. Headquartered in Vilnius,...

iBusiness Funding snaps up Funding Circle’s US business for £33m

Funding Circle Sells US Business to iBusiness Funding: Key Points Sale Details: Funding Circle has agreed to sell its US business to iBusiness Funding...

New digital-only bridging lender Morpheus launches in the UK

Morpheus Digital-Only Bridging Lender Launches in the UK: Founders: Co-founded by Matt Mawdesley (former head of strategy at Together) and Lee Jones (co-founder of...

UK challenger GB Bank lands £85m investment

GB Bank Secures £85 Million Investment: Key Points Investment Details: Total Investment: £85 million. Investors: Hera Holdings: £40 million initially, with an additional £40 million...

UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries

Overview: Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser Sarl. Purpose: Expansion of Chetwood's...

Avidbank partners Corserv to launch commercial credit card programme

Avidbank in the USA partners with Corserv to launch a new credit card offering for commercial clients. Corserv’s Role: Corserv’s Account Issuer...

UK lender Abound secures £800m in mix of equity and debt financing

Abound's Financing Round: UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...

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