Capify secures £100m credit facility for SME financing
Capify, an online lender for small and midsize enterprises (SMEs), has received a £100m credit facility from Pollen Street Capital. …
25 Apr 2024
British Business Investments offers £15m facility to Catfoss Finance
British Business Investments, a unit of the British Business Bank, has extended a £15m finance facility to Catfoss Finance. With the transaction set up as a block discounting agreement, Catfoss…
17 Apr 2024
finmid secures €35m in funding for embedded finance growth
Germany-based embedded finance solutions provider finmid has announced a €35m funding round as it comes out of stealth mode. The funding round was spearheaded by Blossom Capital, with contributions from…
15 Apr 2024
SC Ventures invests in Sharia-compliant fintech company Algbra
SC Ventures, the fintech investment and ventures arm of Standard Chartered, has made a strategic investment in Algbra. Algbra is a UK-based fintech company that adheres to ethical finance principles…
12 Apr 2024
Societe Generale to divest equipment finance business to BPCE for €1.1bn
Societe Generale has reached an agreement to sell its professional equipment financing business to BPCE for €1.1bn. This move, which is part of a strategic divestment, will see most of…
02 Apr 2024
HSBC UK extends £24m ABL facility to Autocraft
HSBC UK has provided a £24m asset-based lending (ABL) facility to Autocraft Solutions Group (Autocraft), a Midlands-based engineering company, reported The Manufacturer. The funding is intended to fuel the…
29 Mar 2024
Shire Leasing acquires Shire Securities Limited to enhance B2B loan services
UK-based equipment leasing and asset finance company Shire Leasing has completed the acquisition of Shire Securities Limited (SSL) for an undisclosed sum. The acquired company is trading as Shire Funding Solutions…