Alternative finance

548 articles tagged with this keyword

/payments

OnDeck offers same-day funding

OnDeck (NYSE: ONDK), the leader in online lending to small business, today announced that it will offer to fund and debit customer bank accounts with Same Day ACH transfers, eliminating a decades long pain point for small business owners accustomed to the traditional ACH transfer process, which can take multiple days and lacks certainty on when the transactions will hit bank accounts.

/Alternative finance

LendInvest secures up to £200 million in funding from HSBC UK to back entry into home loan mortgages

LendInvest, the marketplace for mortgages, has secured funding of up to £200 million from HSBC UK, one of the world’s largest banking and financial services organisations, bringing further institutional capital to its platform.

/Alternative finance

American Express to provide new financing options for SAP Ariba users

American Express (NYSE: AXP) and SAP Ariba today announced that they have entered into a strategic multi-phased partnership designed to offer buyers and suppliers new payment and financing options on Ariba® Network, extending its value for joint large and global customers.

/Alternative finance

Moneysupermarket partners with FundingXchange

Moneysupermarket Group announces exclusive partnership with Funding Xchange to give small business access to the best funding solutions.

/retail

Affirm raises $300m

Affirm, the financial technology company founded by entrepreneur Max Levchin to provide honest financial products that improve lives, today announced it has raised a $300 million series F round of funding.

/retail

OnDeck merges Canadian ops with Evolocity

OnDeck (NYSE: ONDK), the leader in online lending to small business, today announced it has completed the transaction combining its Canadian operations with Evolocity Financial Group (Evolocity), a Montréal-based online small business lender. The combined companies are majority owned by OnDeck.

/startups

Mexican lendtech Credijusto scores $100m credit facility with Goldman Sachs

Credijusto, the leading tech-enabled lender in Mexico, announced today that it has closed a credit facility with Goldman Sachs for up to USD $100 million.

/retail

BlueVine names Facebook vet Brian Jackson head of engineering

BlueVine, a leading provider of working capital financing to small and medium-sized businesses, today announced that it has named veteran Silicon Valley technologist Brian Jackson as Head of U.S. Engineering.

/Alternative finance

Credit Suisse teams with Klara for online credit requests

Credit Suisse and the Swiss software provider KLARA are joining forces: Starting now, SMEs that use KLARA can submit online credit requests to Credit Suisse – digitally, simply, and efficiently.

/Alternative finance

Belfius launches Dot-Capital

Widely recognised for its expertise in supporting Belgian bond issuers on the financial markets, Belfius is launching Dot-Capital, a digital platform aimed at directly connecting investors and (semi-)public entities and companies of all sizes: large companies, real estate developers, cities and provinces, Regions and Communities, schools and universities, hospitals and so on, wishing to diversify their sources of financing in the short, medium or long term. It is a first in Belgium

/startups

Wages-on-demand startup ZayZoon raises $15m

ZayZoon, the leading provider of Wages On- Demand and employee financial payroll features, announced today that it has raised $15 million, led by a consortium of institutional and private capital providers.

/Alternative finance

CapitalRise turns to Seedrs for equity financing

CapitalRise, the online property crowdfunding platform that connects prime real estate developers seeking finance with investors seeking attractive returns, has today publicly launched its first equity crowdfunding campaign on Seedrs, giving investors across Europe an opportunity to become shareholders in this fast-growing business.

/retail

Funding Circle expands into Canada

Funding Circle, the leading small business loans platform in the UK, US, Germany and the Netherlands, today announced its plans to enter the Canadian market and expand access to fast, affordable and transparent financing for Canadian small businesses.

/payments

Klarna teams up with Canadian instant financing provider PayBright

Klarna, a global payment provider, announces a partnership with Canadian instant financing provider, PayBright. Klarna and PayBright are joining forces to give Klarna’s 100,000 global retailers the ability to turn on a consumer finance solution for their Canadian shoppers quickly and easily.

/Alternative finance

Varengold Bank joins Assetz Capital loan funding platform

In a further expansion of its institutional relationships, Assetz Capital has partnered with Varengold Bank AG to provide funding, alongside its retail investors, to UK SME borrowers through the Assetz Capital platform.

/payments

PayPal smashes £1 billion barrier for UK small business lending

Today PayPal announces that it has provided a huge £1 billion of finance to UK small businesses through PayPal Working Capital.

/retail

LendInvest appoints Arman Tahmassebi COO

LendInvest, the UK’s leading marketplace platform for property finance and investing, has announced that it has appointed former IG Group Global Head of Operations, Arman Tahmassebi, as its new Chief Operating Officer.

/startups

P2P lender Beehive raises $4 million

Beehive, MENA's leading peer to peer lending platform, has secured $4m of follow on investment from Riyad TAQNIA Fund (RTF) as part of a Series B funding round.

/Alternative finance

Figure Technologies scoops $65 million in new funding

Figure Technologies, Inc., a leading fintech company in both the home equity and blockchain space, announced today $65 million in series B equity funding.

/payments

Proactis secures £20 million in funding from HSBC UK

Proactis has secured £20 million in funding from HSBC UK to bring to market new technology to tackle the liquidity squeeze felt by SMEs.