Alternative finance

522 articles tagged with this keyword

/wholesale

MarkeFinance scores £280 million in debt and equity

Fintech business lender MarketFinance has today announced a £280m debt and equity fundraise and its accreditation under the Recovery Loan Scheme (RLS).

/wholesale

Iwoca joins mmob's third party partner network

Open finance partnership platform, mmob, has today announced the addition of one of Europe’s largest small business lenders, iwoca, to its growing network of industry-leading third-party digital finance providers.

/people

Uncapped appoints former Revolut business lead Vaidas Adomauskas as CPO

Uncapped, a London-based start-up changing the way online companies fund their growth, marketing and inventory costs, today announced the appointment of Vaidas Adomauskas as Chief Product Officer.

/startups

Income launches funding round

Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram Fintech, part of Tolaram, a Singapore-based enterprise with investments in consumer products, fintech, and infrastructure and over USD 1.2 billion in annual revenues.

/people

Propel Finance appoints Paul Piggott as head of technology vendor

Propel Finance, the leading UK independent asset finance lender, has appointed Paul Piggott as its new Head of Vendor Sales.

/retail

Glint smashes crowdfunding target

Glint, the global gold-based payments system that allows clients to instantly and securely save, spend and share real gold, has successfully raised over £3m ($4m) through its joint US/UK crowdfunding round – smashing its initial target by 51%.

/startups

Invoice finance startup Arex completes €8.8m series A funding

AREX Markets, the data-driven fintech company that drives financing costs down for SMEs and enables them to get access to cash quicker, today announces its Series A funding round, securing €8.8 million to accelerate its rollout in the UK and Spain.

/inclusion

Student finance fintech raises £1.1m in funding

StepEx has raised £1.1 million in pre-initial funding, with the venture studio BBVA Anthemis Venture Partnership being the lead investor.

/startups

Manchester-based invoice financing startup Hydr goes live

Manchester-based fintech start-up Hydr today announces the launch of its proprietary invoice finance platform to help small businesses optimise their cash flow.

/people

Optimum Finance appoints Vicky Williams as new CFO leading to 60% women majority on board

Specialist SME invoice finance company Optimum Finance has recruited Vicky Williams as Chief Financial Officer.

/retail

LendingClub taps Alto as prefered partner for IRAs

Alto Solutions, Inc. (Alto), the next-generation self-directed IRA platform making it easier for individuals to access and invest in alternative assets using their retirement funds, today announced it was selected by LendingClub Corporation (NYSE: LC) as the new preferred IRA custodian for LendingClub IRA account holders.

/crypto

Cardano and Stellar now tradable at Boerse Stuttgart

For the first time, investors can now buy and sell exchange-traded notes (ETNs) based on the cryptocurrencies Cardano and Stellar at Boerse Stuttgart. The securities issued by 21Shares track the price of the two cryptocurrencies in relation to the euro.

/startups

Northwestern Mutual invests in Zirtue

Today, Zirtue, the world’s first and only relationship-based lending app with a mission to drive financial inclusion, announces it has received a significant investment from Northwestern Mutual Future Ventures, Northwestern Mutual's corporate venture capital fund.

/people

Earnest names David Green CEO

Earnest, a leading financial technology and education finance company, today announced the appointment of David Green as chief executive officer. Susan Ehrlich, CEO since 2018, has retired from the company to focus on board service.

/Alternative finance

IDS agrees White Clarke Group acquisition

IDS, a leader in enterprise mission-critical solutions for secured finance, has agreed to acquire White Clarke Group, a leading provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets.

/wholesale

LendInvest partners with Credit Kudos to streamline underwriting through Open Banking

Partnership between fintechs LendInvest and Credit Kudos will offer brokers and customers a seamless, more secure service, as well as enabling LendInvest to make more informed lending decisions through Open Banking insights.

/startups

IndiaLends raises US$5.1 M from existing investors

Major digital lending platform IndiaLends has raised US$5.1 million in a financing led by existing investors ACP Partners and DSG Consumer Partners.

/retail

Marketplace lenders form American Fintech Council

Today, the Marketplace Lending Association ("MLA") and Online Lending Policy Institute ("OLPI") announced they have merged organizations to form the American Fintech Council ("AFC").

/startups

Pipe raises $50 million in equity financing

Pipe, creators of the world's first trading platform for recurring revenues, today announced it has raised $50 million in strategic equity funding, with a minority portion of the round being allocated to secondary.

/Alternative finance

Commerzbank and creditshelf extend strategic partnership

creditshelf Aktiengesellschaft and Commerzbank AG are deepening their strategic cooperation and expanding it to include Commerzbank's Private and Small-Business Customers segment.