Alternative finance

522 articles tagged with this keyword

/payments

WorldFirst and Ritmo create £100 million growth package for e-commerce businesses

Global fintech and international payment service provider, WorldFirst, has joined forces with RITMO to launch a £100 million growth package for fast-growing small and medium-sized e-commerce businesses in the UK.

/wholesale

Funding Circle moves out of the red

Funding Circle Holdings plc ("Funding Circle") today announces results for the year ended 31 December 2021.

/payments

TreviPay acquires Baton Financial Services

TreviPay, a global financial technology company, today announced its acquisition of BATON Financial Services, Inc. (“Baton”), a technology company which has built a unique, innovative B2B invoice payments network.

/startups

Qred expands to Norway

Sweden’s fastest growing fintech company Qred, continues to expand its business and is now setting up shop in Norway.

/wholesale

SME lender Tradeplus24 launches in the UK

Global SME lending fintech Tradeplus24 is launching into the UK with the close of a £30 million debt facility provided by San Francisco-headquartered global credit fund, Partners for Growth (PFG), with advice offered by debt advisory, Neu Capital.

/wholesale

Factris enters Belgium

Fintech Factris has just launched their financing services to SMEs across Belgium.

/wholesale

Growth Capital Ventures leads £1.3 million seed investment in Business Finance Market

Growth Capital Ventures has led a £1.3 million super seed investment round into Business Finance Market (BFM), a fintech platform set to boost access to finance for the country’s 5.9 million SMEs.

/wholesale

365 Business Finance secures £55m funding

365 Business Finance has successfully completed a £55m debt and equity raise, as the fintech lender aims to quadruple its lending to SMEs over the next two years.

/wholesale

British Business Bank injects further £300m to Simply’s funding line

Today, the British Business Bank announces an increase to business lender Simply’s existing ENABLE Funding facility. In total, the facility will provide £300m of funding to SMEs across the UK. This is now the largest facility under the Bank’s ENABLE Funding programme, which aims to improve the supply of asset finance to the UK smaller business community.

/payments

Elavon to provide working capital to merchants via Liberis

Global payments company, Elavon, has partnered with Liberis, a global leader in providing embedded finance solutions, to offer funding for Small-to-Medium-sized enterprises (SME) in the UK.

/wholesale

Iwoca expands revenue based loan to support post-pandemic SME recovery

iwoca, one of Europe’s largest small business lenders, has today announced the expansion of its merchant cash advance product to small businesses to all businesses accepting card payments in the UK.

/wholesale

Capchase expands to the Nordics

Capchase, a leading provider of non-dilutive capital for recurring-revenue companies, has announced it will expand to Denmark, Sweden and Finland.

/wholesale

Folk2Folk receives £7 million from British Business Investments

British Business Investments, a wholly-owned commercial subsidiary within the British Business Bank group, today announces a £7m commitment to FOLK2FOLK, a specialist marketplace lender for rural and regional smaller businesses.

/wholesale

Lenderwize secures €100m investment from Fasanara Capital

Lenderwize, the leading fintech platform for digital commodities, announced today that it has received €100 million in funding from Fasanara Capital, an alternative lender in Europe.

/people

DigniFi names Neeraj Mehta CEO

DigniFi, a leading fintech platform for the automotive industry, today announced that Neeraj Mehta has been named Chief Executive Officer, replacing Richard Counihan whose guidance and expertise were instrumental in significantly growing the company during his five-year tenure by expanding to 32 states, launching a revolving line of credit program with WebBank called DigniFi ExpressWay, and cementing a partnership with industry giant AutoNation.

/startups

Nigerian SME finance startup Payhippo closes $3 million seed funding

Payhippo, a lending startup that is widening credit access for small businesses in Nigeria, announced today that it raised $3 million in seed funding.

/wholesale

Capital on Tap secures £450 million funding facility

Capital on Tap, a UK based fintech, has secured a £450m funding facility with Atalaya Capital Management, BNP Paribas, and HSBC to support their continued UK growth.

/people

Douglas Krikler, formerly of Investec, joins Arie Capital Group

ARIE Capital Group, the world’s first bespoke financial services and corporate digital banking platform, has today announced the appointment of Douglas Krikler as Group Director of Business Development.

/sustainable

Incomlend and Fasanara Capital to provide £44.4 million ESG-focused invoice financing for SMEs

Global invoice financing marketplace, Incomlend, has partnered with European alternative asset manager, Fasanara Capital, to launch a global £44.14 million alternative financing programme for Small and Medium Enterprises (SMEs) focused on Environment Social, and Governance (ESG).

/people

Lending Works strengthens its team with eight leadership hires

Lending Works, the UK’s leading embedded consumer finance provider, has further strengthened its team with eight key leadership hires to lead the company’s continued expansion.