Douugh secures up to $20m in discretionary equity funding

Florent Venture Partners has launched its debut fund, a Luxembourg SCSp, to back founders building the next generation of AI-native applications across Northern Europe and beyond.

Propel Finance, the UK’s fastest-growing asset finance lender, will work with Apple’s channel partners to offer finance solutions to small and medium businesses investing in Apple devices. The programme will be launched with Select, an Apple Premium Partner.

iBusiness Funding announced today a new partnership with Business Loan Capital (BLC), a private, non-bank, direct real estate lender. Leveraging iBusiness Funding’s LenderAI solution, BLC can now originate and process bridge loans faster and with greater transparency, enabling them to scale their lending business and originate more loans. By adopting LenderAI, BLC will empower applicants to gain the capital they need to thrive by streamlining loan approval processes.

Four-year-old card-linked instalment platform Float has secured $2.6 million (R46 million) in funding

Float today announced the launch of Float Business Accounts, Canada’s first fintech-built solution with zero fees, instant liquidity, market-leading returns and CDIC deposit insurance in a single account. This new account combines the everyday functionality of a chequing account with the earning power of a savings product—all without sacrificing speed, security or returns.

Rainforest, an embedded payment provider purpose-built for SaaS platforms, raised an oversubscribed $29 million Series B funding round