Alternative finance

548 articles tagged with this keyword

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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.

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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).

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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.

/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.

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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.

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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.

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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.