0 £0.00
This item was added to your basket
Credit Strategy homepage
LinkedIn
Twitter

Dear visitor,
You are viewing 1 of your 1 free articles


We’ve invested in our content to provide more news, analysis, features, interviews and opinions across a wide range of Credit and Financial Services. Register now to access more of the trustworthy, insightful information that’s on offer.

Register now or Login

UK fintech firm MarketInvoice secures £56m in equity and debt funding

Fintech business lender MarketInvoice today announced it has raised £26m in new equity funding, along with a further £30m debt facility.

Share on LinkedInShare on TwittereCard

The funding round was led by Barclays and fintech fund Santander InnoVentures with “significant” participation from European venture fund Northzone, an existing investor in the company.

 

Technology credit fund Viola Credit, which also participated in the equity round, will provide a debt facility of up to £30m to help scale the MarketInvoice business loans platform.

 

Since 2011, MarketInvoice has funded invoices and business loans to UK companies worth more than £2bn, making it Europe’s largest online invoice finance platform.

 

The company said the funding will allow it to “deepen strategic partnerships in the UK” and expand its team. In addition, it is planning to launch cross-border fintech-bank partnerships to support more businesses with access to funding.

 

Anil Stocker, chief executive of MarketInvoice, said: “By collaborating with bank partners, we will be reaching many thousands of companies here in the UK and abroad to provide them with their business finance needs. We aim to invest in technology, data and strategic partnerships.”

Share on LinkedInShare on TwittereCard
Add New Comment
You must be logged in to comment. Login or Register to access enhanced features of the website.

GET THE LATEST INDUSTRY NEWS STRAIGHT TO YOUR INBOX

Upcoming events


Credit Summit


Credit Awards


FSE - Week

Credit Strategy
LinkedIn page

Member of

Did you find our website useful?

Thank you for your input

Thank you for your feedback

creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace. @ Copyright Shard Media Group