NatWest invests €65m in Dutch fintech Floryn
A Netherlands-based online lending fintech has secured €65m in funding from high street bank NatWest.
Floryn, which provides financing for SMEs, said it will use the new funds to strengthen its position as “the most cost-effective alternative to a bank”.
The fintech provides business loans of up to €3m and says it has provided more than €650m in financing since it was founded in 2016.