Alternative finance

536 articles tagged with this keyword

/security

ACI Worldwide debuts new machine learning kit for fraud management

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the launch of its new Incremental Learning technology – an innovative industry-first approach to machine learning that will enhance fraud protection for merchants and financial institutions and their customers.

/retail

Lendio raises $55m

Lendio, the nation’s largest marketplace for small business loans, today announced it has secured $55 million in capital, including $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank.

/Alternative finance

Simply completes first deal enabled by open banking technology

Simply, the SME funder, announced today that it has just completed its first deal enabled by open banking technology.

/startups

P2P lending start-up Elfin Market reaches £400,000 target on Seedrs in just over 24 hours

UK peer-to-peer lending platform Elfin Market launched a crowdfunding round on Seedrs on 30 January 2020.

/Alternative finance

NatWest appoints Julie Ashmore as CEO of RapidCash

NatWest has today appointed Julie Ashmore as CEO of its digital overdraft alternative Rapid Cash, as it bids to accelerate growth of its working capital venture throughout 2020.

/payments

Kabbage debuts short-term loan product for small business owners

Kabbage, Inc., a data and technology company providing small businesses cash flow solutions, launched access to custom loans for Kabbage Payments customers.

/wholesale

Ultimate Finance launches Structured Finance proposition

Specialist asset-based lender, Ultimate Finance, is today announcing the launch of its Structured Finance proposition providing a streamlined solution for UK businesses to release working capital and invest in their growth.

/startups

Mumbai-based GetVantage unveils revenue-based business financing platform

GetVantage, a new Mumbai-based fintech venture officially launches today as the first in India to offer Revenue-Based Financing for India’s burgeoning eCommerce sector.

/markets

Seedrs reports record-breaking year

Leading private company investment platform Seedrs today announces a record-breaking year with £283M invested into pitches, resulting in a 49% growth in investment from 2018.

/Alternative finance

Funding Xchange closes £8 million funding

Funding Xchange (FXE), the FinTech that has built digital decisioning technology to enable partners like MoneySuperMarket, Monzo and Experian to offer their customers instant access to personalised transparent quotes for business funding, today announced the closing of an £8 million funding round, led by Downing Ventures and Gresham House Ventures.

/Alternative finance

Banco Sabadell partners Nemuru to help customers in renovations sector access financing

Banco Sabadell, through Sabadell Consumer Finance, has reached an agreement with the fintech company Nemuru to make it easier for professionals in the renovations sector to offer their customers instant loans at the point of sale through a 100% online platform.

/Alternative finance

Hampshire Trust Bank invests in Alfa Systems

Hampshire Trust Bank’s (HTB) specialist business finance division today announces that it has invested in Alfa Systems, the leading asset finance software provided by Alfa.

/Alternative finance

Funding Options signs up with DueDil

Funding Options, the marketplace for business finance, has partnered with predictive company intelligence platform, DueDil, to simplify its customer journey and speed up finance applications.

/startups

Germany's Acatus raises EUR5.5m

Berlin-based FinTech Acatus announces the successful completion of a Series A financing round. The round is led by DIP Capital LLP and the venture capital fund coparion. The existing shareholders and business angels also participated in the round.

/Alternative finance

AltPay extends reach through Onpex

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with UK-based regulated eMoney institution (EMI), AltPay.

/startups

Seedrs to offer trending news on crowdfunding firms with CityFalcon

Today, leading private equity investment platform Seedrs announces a new partnership with CityFALCON, a provider of professional-grade market intelligence, in tandem with launching new sector pages as it continues revolutionising how investors access and engage with the early-stage asset class.

/Alternative finance

Business lending platform Trade Ledger raises £1.5 million

Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate revenue growth.

/Alternative finance

MarketInvoice creates new business to support larger corporates

Business finance company MarketInvoice, has launched a new specialist team to provide finance facilities for Britain’s larger businesses.

/payments

Kabbage moves into payments processing

Kabbage, Inc., a data and technology company providing small businesses cash flow solutions, announced the general availability of Kabbage Payments to its customers, a new payment-processing solution for small businesses that makes getting paid faster as simple as sending a text message.

/regulation

Revolut selects Bearingpoint Regtech to manage regulatory requirements

BearingPoint RegTech, a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech), welcomes the UK-based financial technology company Revolut as a new customer for its Abacus360 Banking solution. Revolut will be using Abacus360 Banking for EBA and AnaCredit reporting.