SMB alt lender Fundbox secures $176 million to move further into B2B payments

By Lea Nonninger

US-based fintech Fundbox has secured a $176 million Series C funding round from investors including Allianz X and General Catalyst, in addition to a $150 million credit facility, according to Business Insider. Fundbox focuses on small- and medium-sized business (SMB) lending as well as business-to-business (B2B) payments.

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