Alternative finance

561 articles tagged with this keyword

/startups

Czech fintech Flowpay raises €30 million in debt financing from Fasanara Capital

Czech fintech startup Flowpay has secured EUR 30 million from London-based investment manager Fasanara Capital.

/regulation

Square Financial Services gets FDIC approval for consumer loan product

Today, Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow.

/payments

Lendela partners with Revive Financial for debt solutions in Australia

Lendela, Australia’s dominant loan matching platform, today announced a strategic partnership with Revive Financial, Australia’s largest debt relief and management firm. The collaboration aims to empower Australians who struggle to secure loans due to financial distress by offering them tailored debt solutions to regain financial stability.

/retail

InDrive.Money launches in Indonesia

inDrive, a global mobility and urban services platform, in strategic collaboration with Fingular, a Singapore-based global financial group, and Indonesian licensed Sharia peer-to-peer lending platform Ammana, has launched inDrive.Money in Indonesia, a financial service designed to support drivers.

/payments

Montonio and Inbank bring BNPL to Latvia

Montonio, a leading provider of online payment and checkout solutions, today announced the expansion of its partnership with Inbank to deliver Buy Now, Pay Later (BNPL) in Latvia and Hire Purchase solutions in Latvia and Lithuania.

/wealth

XTB scores securities license in Chile

XTB, a global company that provides individual investors instant access to financial markets worldwide, has received a securities agent license in Chile. This is a significant milestone for the company as it expands its presence in Latin America.

/wholesale

365 Finance expands into the Republic of Ireland

Award-winning SME lender 365 Finance has expanded into the Republic of Ireland, supporting the growth of Irish businesses and entering the EU marketplace.

/wholesale

Netbank to deliver blockchain-based business financing to Jia Finance

Netbank (A Rural Bank), Inc. is excited to announce its new loan channeling partnership with Jia Financing Inc., a fintech innovator revolutionizing small business financing in emerging markets.

/wholesale

Qred streamlines credit decisions with open banking tech from Enable Banking

Enable Banking, the open banking provider offering the most comprehensive business account connectivity and account-to-account payment infrastructure in the market has partnered with Qred Bank, a trailblazer providing fast and flexible financing solutions tailored to entrepreneurs' needs.

/wholesale

Saudi fintech lender Forus secures $60 million debt facility from Fasanara

Forus, one of Saudi’s leading debt crowdlending platforms specialising in working capital solutions for SMEs, has secured a $60 million securitization debt facility from Fasanara Capital Ltd (“Fasanara”), a London-based investment manager with over $4.5 billion in assets under management.

/wholesale

Finmid expands SME ffinancing platform to 20 countries

finmid, the financial infrastructure innovator enabling B2B platforms to quickly provide fast, personalised financing to small and medium-sized businesses (SMEs), today announced its expansion into eight new European markets.

/wholesale

Lithuania's Finbee enters Polish market

The alternative non-bank financier Finbee for Business is starting operations in Poland.

/wholesale

SumUp extends cash advance product to Europe

Global fintech SumUp today announced the expansion of its Cash Advance product that first launched in the UK in 2020.

/wholesale

Tarabut & Geidea sign MoU for SME financing in Saudi Arabia

Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a strategic partnership to explore and potentially develop tailored SME financing solutions, subject to regulatory approvals.

/wholesale

Lendscape signs Express Trade Capital

Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance provider, Express Trade Capital.

/payments

Modifi scoops $15 million Series C

MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, Neva (Intesa Sanpaolo), Heliad and other top-tier global investors.

/wholesale

Dojo joins forces with YouLend to bring embedded financing options to Spanish businesses

Dojo, a leading provider of payment technology, has joined forces with global embedded financing platform YouLend to introduce flexible, business-friendly financing to its Spanish customers.

/wholesale

Iwoca secures $200 million of debt funding led by Citi

iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.

/wholesale

SME lender iwoca secures £200m in debt funding

Iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.

/wholesale

Bizcap expands to Singapore

Bizcap, a leader in fast and flexible business finance across the U.K., Australia, and New Zealand, is thrilled to announce its upcoming Singapore expansion and the appointment of Joseph Lim as Managing Partner – Asia.