522 articles tagged with this keyword
Company update/payments
Paya, a leading provider of integrated payment and commerce solutions, has partnered with Artis Technologies, a provider of modern lending solutions for businesses to offer affordable, low-friction financing to their customers at the point of need.
28 October 2020
Company update/Alternative finance
PayRay Bank has continued its planned expansion and has started operations in Latvia.
22 October 2020
Company update/people
Invoice finance provider, Optimum Finance, today announced that fintech expert, Anthony Persse, has taken up the role of chief executive officer, following the tragic death of its founder, Richard Pepler, earlier this year.
19 October 2020
CapitalBox, the leading online pan-European SME funding platform, today announces the acquisition of the Netherlands division of fintech company Spotcap Global as part of its own ongoing European expansion.
PayRay, a Lithuanian financial sector company, has started a new page of its business service activities.
15 October 2020
Company update/crypto
Today, Ripple launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on demand to initiate cross-border payments at scale using the digital asset XRP.
08 October 2020
Effective December 31, 2020, LendingClub will retire the Notes platform.
Leading cloud banking platform, Mambu, has announced a global partnership with New Zealand-based Ranqx, a fully featured SME loan origination and credit underwriting platform.
Today, we have announced with Seedrs that we have agreed to a merge, in a move that will accelerate our shared plan to create the world’s largest private equity marketplace and further democratise investment.
05 October 2020
Company update/wholesale
The primary role of a traditional bank providing financing and capital is set to be challenged further in a post COVID-19 world by non-banks, according PwC’s report, “Securing your tomorrow, today – The future of financial services,” which predicts that alternative providers of capital are set to become an even more important part of the global financial system.
01 October 2020
Company update/cloud
Provenir supports independent business lender White Oak with cloud-based risk analytics platform to power its business lending credit decisioning process.
Funding Societies, the largest digital financing platform in Southeast Asia, and Razer Fintech, the fintech arm of Razer and a leading offline-to-online (O2O) digital payment network, have jointly announced their partnership to offer short-term business financing to merchants under Razer Merchant Services (RMS).
29 September 2020
Gemini today announced it is expanding fully into the United Kingdom (UK), providing individuals and institutions with simple, reliable, and secure cryptocurrency exchange and custody services in pounds sterling (GBP).
24 September 2020
Company update/retail
Fintech business lender MarketFinance has been awarded a £10m grant from the Capability and Innovation Fund (CIF), announced today by Banking Competition Remedies Ltd (BCR). The grant will be used to bring more choice and competition to the business lending industry
23 September 2020
Company update/covid-19
ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform[1], have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity.
Collaborative financing platform mozzeno raised € 3,000,000 from its existing and new shareholders.
Company update/inclusion
Scale-up FinTech TotallyMoney has launched a new and exclusive app-only feature to help their three million customers gain a greater understanding of their borrowing behaviour and make better financial decisions.
22 September 2020
Fintech company Factris has closed a new EUR 50m secured financing agreement with asset manager NN Investment Partners (NN IP).
10 September 2020
BlueVine, the leading provider of small business banking, today announced it has secured a $75 million revolving credit facility from funds managed by Atalaya Capital Management, a private credit and special opportunities investment manager based in New York.
09 September 2020
Fintech business lender MarketFinance has secured an additional £50m from one of Israel’s largest asset managers, Viola Credit, to lend to UK SMEs under the HM Treasury and British Business Bank CBILS initiative.
07 September 2020
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