Idinvest Partners, a leading investor in SMEs across Europe, has announced that its Private Debt team has financed three direct lending transactions as appetite for non-bank funding solutions continues to grow.

Thincats has announced a new programme for up to £300 million with global asset manager Insight Investment to fund UK SMEs with commercial loans.

FUNDING Circle is seeking a market valuation of up to £1.8bn through its upcoming initial public offering (IPO) on the London Stock Exchange.

Mambu, the SaaS banking engine powering modern digital financial services, has launched Mambu Process Orchestrator (MPO). 

CrowdProperty has been accepted as the first property development peer-to-peer lending platform to join the Peer-to-Peer Finance Association (P2PFA). 

Having funded the 47th project on the CrowdProperty platform, a total of £20,526,000 has now been raised for the development of 307 homes, demonstrating the potential that CrowdProperty has to materially contribute to the much needed housing supply across the UK as it continues its growth trajectory.

UK Finance has published its Invoice Finance and Asset Based Lending Update for the second quarter of 2018.

Funding Circle is rumoured to be planning an initial public offering (IPO) within the next two weeks, according to reports.  The peer-to-peer lender is reported to be gearing up for a stock market listing in the second week of September.

Cardiff Indoor Market is now home to Smokey Pete and Sam Van Tân as award winning Ffwrnes opened their latest venture earlier this month.  A £30,000 micro loan from the Development Bank of Wales will now fund the opening of a permanent base in Cardiff Indoor Market.

The Nigerian Agricultural Bank, Bank of Agriculture and the African electricity supplier Daystar Power have entered into a comprehensive cooperation for rural electrification in Nigeria. The cooperation includes the supply of solar power to the bank branches as well as a concept for the supply of electricity to rural Nigeria.

Maven Capital Partners, has provided Serene Furnishings Limited, one of the UK’s leading furniture wholesalers, with a £250,000 injection from its MEIF WM Debt Fund, supported by an additional £250,000 of funding from HSBC. This investment is to support the firm’s ambitious growth strategy, focused on diversifying its product portfolio, upgrading IT systems and creating three new jobs at its West Bromwich site.

CROWDPROPERTY has promised a pipeline of new loans to fund for the rest of the year as it approaches its fourth anniversary.