UK-based Bloom, which uses AI to offer revenue-based loans to e-commerce startups, raises a £300 million Series A led by Credo Capital and Fortress Investment Group (Mike Butcher/thenewsupdate)

Mike Butcher / thenewsupdate†

UK-based Bloom, which uses AI to offer revenue-based loans to e-commerce startups, raises a £300m Series A led by Credo Capital and Fortress Investment Group— Revenue-based financing in Europe is booming as much as in the US, with companies like Pipe reaching multi-billion dollar values.