Alternative finance

522 articles tagged with this keyword

/wholesale

Sonovate increases securitisation to £240 million

Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year.

/wholesale

Canada's Clearco raises $60 million Series D round

Toronto-based fintech Clearco announced today the completion of multiple actions to recapitalize its business and solidify its position as the leading provider of growth capital to e-commerce businesses.

/wealth

Revo Digital welcomes venture capital finance

Revo Digital Family Office (“Revo”, the “firm”), Asia’s first digital family office and a member of Raffles Family Office, is pleased to announce that the firm has welcomed UOB Venture Management (“UOBVM”), Signum Capital (“Signum”), Gate.io Exchange and a Korean single family office as investors (the “investment”).

/wholesale

ABC Finance releases invoice finance comparison tool

ABC Finance has release a first of it’s kind invoice finance comparison tool, which allows business owners to undertake a ‘rapid tender’ process.

/wholesale

European Investment Fund backs SME Finance to the tune of €40 million

The European Investment Fund (EIF) and Lithuania’s SME Finance have signed a guarantee agreement under the InvestEU programme to facilitate more than €40 million in new financing in the form of loans, leases and factoring for micro and small enterprises and small mid-caps in the Baltics, Finland and the Netherlands.

/wholesale

Scottish fintech, Know-it sets its sights on Australia expansion

Fintech companies in the UK and Europe often seek global expansion, including entering the Australian market.

/people

MPower Financing names Anand Cavale chief growth officer

MPower Financing, a mission-driven fintech firm and leading provider of non-cosigned loans to promising students from around the world, today announced that Anand Cavale has joined as Chief Growth Officer.

/Alternative finance

TP24 raises £345m in debt funding from Barclays and M&G Investments

TP24, a fintech provider of flexible revolving business credit, has raised £345m in debt funding from UK parties Barclays Bank Plc (“Barclays”) and M&G Investments.

/Alternative finance

Earnest and Nova Credit to launch international private student loans

Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, and Nova Credit, a modern credit bureau bridging consumer credit data around the world, today announced their partnership and the launch of International Private Student Loans.

/payments

Aryza and Acquired.com form partnership

The financial software solutions provider, Aryza Group has announced their partnership with payments specialists Acquired.com to deliver a sophisticated range of data driven collection and disbursement options for their lending division with plans to extend this into other parts of the group including debt recovery and insolvency.

/startups

ScotPac selects Dancerace for backoffice overhaul

ScotPac – the largest non-bank business lender in Australia and New Zealand – has partnered with Dancerace to deliver the next step in its ambitious technology transformation program.

/wholesale

Wayflyer renews existing $300mn debt line from JPMorgan

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, has today announced a renewed funding line from global financial services leader J.P. Morgan.

/payments

Mastercard selects Start Path Small Business cohort

Five startups join inaugural Mastercard Start Path Small Business cohort to uncover joint innovation opportunities and scale solutions that drive simple, secure digital experiences for SMEs globally.

/wholesale

Universal Partners to offer clients digital invoice and trade finance via Muse Finance

Universal Partners, a leading FCA-regulated, cross-border payment and foreign exchange specialist for businesses, today announced a strategic partnership with embedded finance fintech Muse Finance to offer clients digital invoice and trade finance.

/wholesale

Jifiti launches embedded lending platform with FIS

Jifiti, a multinational embedded lending technology company, today announced that they have signed an agreement to launch an embedded lending solution with FIS (NYSE: FIS), a global leader in financial services technology.

/wholesale

Teya teams with Liberis for merchant financing

Teya, the customer-centric operating system and financial service provider for merchants in Europe, has today announced its partnership with Liberis, the UK’s leading embedded finance platform.

/wholesale

SME Finance enters Dutch market

SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, announces today its expansion into the Netherlands.

/inclusion

Securities Commission Malaysis seeks to boost agri sector via fintech

The Securities Commission Malaysia (SC) is encouraging wider adoption of financial technology (fintech) in agriculture in order to help in achieving the country’s food security agenda.

/wholesale

LATAM fintech Clara raises $60m

Clara, the leading end-to-end spend management solution for companies in Latin America, today announced that it has closed $60M USD ​ in an equity financing round led by GGV Capital. In addition, GGV Managing Partner Hans Tung will join the company’s Board of Directors.

/retail

New lenders meet growing demand for consumer loans in 2022

Research from Freedom Finance, one of the UK’s leading digital borrowing marketplaces, reveals the leading challengers and neobanks added over £1.5bn of capacity to the UK’s unsecured personal loan market in 2022.