Barclays Bank has re-upped its commitment to the invoice finance lender in an equity and debt round two years after co-leading its series B with Santander InnoVentures.

UK-based digital lender MarketFinance secured £280m ($383m) in funding yesterday from investors including financial services firm Barclays Bank.

Growth capital firm Black River Ventures led the equity portion of the round, which included debt financing from an unnamed investment firm and bank Intesa Sanpaolo.

Founded in 2011 as MarketInvoice, MarketFinance has built an online platform that enables small businesses to sell unsettled invoices to get loans. It has been appointed an accredited lender in the Recovery Loan Scheme (RLS), a…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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