Alternative finance

531 articles tagged with this keyword

/startups

CCAF, World Bank and the World Economic Forum investigate Covid-19's impact on global fintech

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.

/people

SME financing platform Swoop hires George Htin-Kyaw as CTO

Swoop, the innovative technology-based finance platform for businesses, has appointed George Htin-Kyaw as Chief Technology Officer.

/wholesale

Invoice finance platform Dancerace to embed credit insurance from Nimbla

Credit insurers Nimbla and ABL operating system Dancerace have partnered to increase SMEs’ access to credit insurance when they apply for invoice finance.

/Alternative finance

Joe Ahearn takes top role at Falcon Group

Falcon Group has appointed industry veteran John Ahearn as Group Vice Chairman and CEO Americas in a newly appointed position.

/payments

P2P lender Lendwise to donate one percent of all deposits to NHS Charities Together

Lendwise, a Peer-to-Peer (P2P) lender authorised by the FCA, has today announced a new charity initiative with NHS Charities Together, a membership organisation which supports NHS staff and volunteers caring for Covid-19 patients.

/people

Singapore fintech Finaxar strengthens leadership team

Singapore-based Finaxar today announced that it has made several key senior appointments, strengthening its leadership team as it eyes regional growth.

/payments

Santander seals deal for 50.1% stake in ebury

Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities.

/payments

Revenue finance startup Just Capital pledges £20 million funding for online businesses

A new revenue finance company has pledged £20m of funding for online business by the end of 2020.

/payments

Taulia launches Rapid Start Invoicing to help businesses impacted by Covid-19

Taulia, the leader in working capital technology solutions, has today announced the launch of Rapid Start Invoicing, a solution to support businesses affected by COVID-19.

/payments

Billhop collaborates with Visa to improve working capital for Irish businesses

Billhop (billhop.com/ie) has launched a collaboration with Visa in Ireland to enable businesses to pay their suppliers using card, regardless of whether the supplier accepts card payments.

/retail

Fablious launches online alternative finance community

As of today, Fablious launches its new online Alternative Finance Community for the UK market.

/regulation

Finturi wins approval for launch of invoice finance platform in the Netherlands

The Netherlands is a very strong market for invoice finance. More and more entrepreneurs in the Netherlands are using alternate financing options.

/covid-19

Optimum Finance introduces tech for funding referrals for cash-strapped SMEs

Invoice finance fintech firm Optimum Finance has responded to the economic uncertainty faced by millions of UK SMEs by unveiling an industry-first technology platform designed to speed up and automate the process of referrals by commercial funding brokers and accountants looking to access commercial funding for their clients through invoice finance.

/wholesale

Ebury has switched to a remote first organisation in response to the coronavirus outbreak

In order to preserve the security of its employees and continue to provide high quality financial services to its customers, all of Ebury’s offices and operations have moved to remote working.

/retail

Kreditch rebrands as Monedo

International online direct lender and Point-of-Sale (POS) financing provider Kreditech today announced it is rebranding its name to Monedo, as it looks to further grow its position in the Indian, Polish, Russian and Spanish near-prime lending markets.

/security

ACI Worldwide debuts new machine learning kit for fraud management

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the launch of its new Incremental Learning technology – an innovative industry-first approach to machine learning that will enhance fraud protection for merchants and financial institutions and their customers.

/retail

Lendio raises $55m

Lendio, the nation’s largest marketplace for small business loans, today announced it has secured $55 million in capital, including $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank.

/Alternative finance

Simply completes first deal enabled by open banking technology

Simply, the SME funder, announced today that it has just completed its first deal enabled by open banking technology.

/startups

P2P lending start-up Elfin Market reaches £400,000 target on Seedrs in just over 24 hours

UK peer-to-peer lending platform Elfin Market launched a crowdfunding round on Seedrs on 30 January 2020.

/Alternative finance

NatWest appoints Julie Ashmore as CEO of RapidCash

NatWest has today appointed Julie Ashmore as CEO of its digital overdraft alternative Rapid Cash, as it bids to accelerate growth of its working capital venture throughout 2020.