Alternative finance

256 articles tagged with this keyword

/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

/Alternative finance

China and India lead global fintech services adoption

Fintech is mainstream, according to a global survey from EY which finds that financial technology services are used by the majority of people in India, China and the UK, although are considerably less popular in the US, France and Japan.

/Alternative finance

Money 20/20 Asia: Blockchain, bitcoin and the intrinsic value of tokens

Money20/20 Asia 2019 kicked off proceedings in Singapore with Token Day, tackling the hype around blockchain and discussing how the technology is now being driven by real and sustainable value creation.

/retail

NatWest launches female-only crowdfunding programme

UK bank NatWest is hoping to help close the entrepreneurship gender gap through the introduction of a female-only crowdfunding programme.

/ai

UOB applies AI to transactional data to speed up loan approvals for SMEs

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process.

/retail

HSBC forges partnership with commercial lending platform NepFin

HSBC is teaming up with commercial lending platform Neptune Financial (NepFin) to target middle market businesses in the US in need of capital.

/startups

South African challenger Sasfin invests in Payabill

South African challenger bank Sasfin has moved to boost its SME business by buying a stake in local digital lending startup Payabill.

/payments

SME lender iwoca raises £150 million in debt and equity financing

UK small business lender iwoca has raised £150 million in equity and debt capital, including figures from a recent Series D equity round led by Augmentum Fintech.

/Alternative finance

Funding Options heads to Europe with ING partnership

UK-based online business finance marketplace Funding Options is launching in the Netherlands with the backing of local bank ING.

/Alternative finance

Augmentum invests £7.5 million in iwoca

London listed fintech venture fund Augmentum has invested £7.5 million in small business lender iwoca.

/payments

Barclays and Santander invest in MarketInvoice

Barclays and Santander InnoVentures have led a £26 million Series B funding round in online invoice financing platform MarketInvoice.

/Alternative finance

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.

/Alternative finance

Scotland's fintechs treble in number

The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.

/Alternative finance

Mastercard ditches name in logo rebrand

Mastercard has taken the bold step of removing its name from its logo in a move it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments.

/Alternative finance

Rabobank combines bond trading and bank loans for SME business financing

Rabobank is partnering with Nxchange to provide small and medium sized business with access to a tradable bond platform for loan financing.

/Alternative finance

Revolut approved for Japan and Singapore push

Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific

/retail

Monzo preps £20m crowdfunding campaign

UK challenger bank Monzo is going back to the crowdfunding well, seeking up to £20 million from ordinary punters to top up a more traditional recent £85 million funding round.

/payments

Alternative finance platforms report stellar growth

The UK alternative finance market grew by 35% to £6.2 billion in 2017, with P2P and crowdfunding accounting for 30% of all deals, according to a report by Cambridge Centre for Alternative Finance.

/Alternative finance

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

/Alternative finance

Zopa tops up funding round for new digital bank

Zopa has topped up its latest funding round, which has closed out at £60 million, giving the peer-to-peer lending pioneer a war chest for the upcoming launch of its digital challenger bank.