Alternative finance

548 articles tagged with this keyword

/retail

London fintech kennek raises $4.5 million pre-seed funding

London-based fintech firm kennek has raised a $4.5 million pre-seed funding round.

/retail

Salad Money secures £40m debt facility to get credit to public sector workers

Social purpose fintech Salad Money will serve rocketing demand for affordable credit from NHS and public sector workers thanks to a new senior debt facility of up to £40m with a US-based credit fund.

/Alternative finance

iwoca hits net profitability; increases funding line

The total number of customers funded across the UK and Germany - including all products and repeat customers - grew by over 50% in 2022 vs 2021. iwoca funded 15,429 businesses in 2022, an increase of 54% from 2021.

/wholesale

South African digital lender Lulalend scores $35 million Series B

Lulalend, the South Africa-based digital lender catering to underserved small and medium-sized enterprises (SMEs), has finalised a transformational $35 million (R600 million) Series B funding round.

/payments

HES Fintech selects Acquired.com for expansion across the UK

HES Fintech, a leading provider of intelligent lending platforms has today announced a partnership with Acquired.com, a UK payments specialist and payment initiation service provider, through which lenders using HES’ technology will be able to leverage a sophisticated payment solution designed to enable the rapid disbursement of loans and seamless borrower-centric collection methods.

/wholesale

Northern Arc Capital ships NuScore for microfinance companies

Northern Arc Capital, one of India’s leading diversified financial services companies today launched Nu Score, a proprietary credit scoring solution.

/wholesale

Kyriba releases receivables finance module

Kyriba, the global leader in cloud-based financial and IT solutions, has today announced the launch of Kyriba Receivables Finance.

/wholesale

Novicap secures €200 million debt facility from Fasanara Capital

Novicap – the European fintech providing end-to-end working capital solutions – is today announcing it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital.

/payments

Svea Bank acquires Arex fintech operations in Finland

AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get paid quicker, has announced the sale of its Finland operations to Swedish payment and financing institution Svea Bank.

/retail

Plum ranked as fastest growing UK fintech - Deloitte

Smart money app Plum today announces that it ranked no.1 among fintechs and no.5 overall in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK.

/people

Freedom Finance appoints Paul Bevis as head of growth

Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, has appointed Paul Bevis as Head of Growth.

/wholesale

Berg Money to roll out Iwoca's Flexi-loan product to customer base

Berg Money, the UK payments provider, announced today that it will work with small business lender, iwoca, to roll out their Flexi-loan product to Berg Money’s customer base.

/retail

Digital lender Yabx enters Nigeria market

Plans to introduce new age fintech solutions around digital lending in the country; Will help banks to launch new and innovative products for new-to-credit segment like Buy Now Pay Later, Personal Loans, Payday loans, MSME loans etc.

/wholesale

Capchase lands in Germany

Capchase, the leading provider of non-dilutive capital for SaaS companies, today announced its entry into Germany.

/startups

Lama AI scores $9 million seed funding to unlock credit for small businesses

Lama AI, a business banking technology provider, announces a $9 million seed investment to unlock credit opportunities for small-medium businesses.

/wholesale

Sambla Group signs deal with Tink to strengthen lending business

Tink, Europe’s leading open banking platform, has partnered with Sambla Group - a leading loan broker in the Nordics - to offer the lenders in its network access to more accurate affordability assessments.

/Alternative finance

Yaydoo acquires Oyster Financial

Yaydoo, the leader in B2B transactions with solutions for accounts receivable, payables, and enterprise procurement in LATAM, acquired payments platform Oyster Financial.

/crypto

Crypto firm Dash 2 Trade raises $500,000

In less than 24 hours, crypto market intelligence trading platform Dash 2 Trade has raised $500K from hungry investors.

/payments

Atlantic Money launches in Ireland to compete with Revolut

New international money transfer provider, Atlantic Money, today announces its official launch in Ireland, continuing its expansion in Europe after Belgium and Germany.

/payments

Paytrix secures £5m in funding

Paytrix, an embedded payments company for high-growth vertical software platforms, today announces that it has secured £5 million of new capital.