257 articles tagged with this keyword
News/Alternative finance
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.
08 November 2018
Iwoca has become the first small business lender to use Open Banking rules to connect with one of the UK's largest banks, enabling customers of Lloyds Bank to submit their transaction history and apply for a loan.
31 October 2018
News/payments
Remittance outfit TransferGo is to run a EUR11.5 million equity crowdfunding campaign on Seedrs.
29 October 2018
Upgrade, the consumer credit platform launched by former LendingClub Chief Renaud Laplanche, has closed a $62 million Series C round led by China's CreditEase Fintech Investment Fund.
23 August 2018
WeChat, China's most popular social media app, has launched its digital payments service, WeChat Pay, in Malaysia, marking its first product to be released in Asia outside of China and Hong Kong.
21 August 2018
Peer-to-peer lender Zopa has scooped £44 million in funding as it lays the groundwork for the launch of its new digital challenger bank.
03 August 2018
Investors who backed money transfer startup Revolut during a crowdfunding round two years ago have now realised returns of 19x on their original investments, according to data from Crowdcube.
Barclays Bank is to take a minority equity stake in online invoice financing platform MarketInvoice and roll out the service to its large SME client base.
02 August 2018
Online business lender BlueVine has topped up its $60 million Series E funding round with an additional $12 million from the venture arms of Microsoft and FS firm Nationwide.
31 July 2018
The Financial Conduct Authority is updating its loan-based crowdfunding rules in the face of growing complexity and poor practices since it first authorised trading in the market 18 months ago.
27 July 2018
BlockFi, a startup that lets people and companies put down Bitcoin and Ether as collateral for US dollar loans, has raised $52.5 million from Galaxy Digital Ventures, a cryptocurrency and blockchain technology investment firm.
24 July 2018
Peer-to-peer business lender Growth Street is set to become the latest firm to go live on mobile bank Starling's in-app marketplace.
19 July 2018
Peer-to-peer lender Zopa has returned to the black on the back of strong growth in revenue and money lent out.
02 July 2018
Societe Generale has acquired Lumo, a French crowdfunding platform for renewable energy projects. Financial terms of the deal were not disclosed.
22 June 2018
Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.
18 June 2018
Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.
14 June 2018
BlueVine, an online startup that provides working capital to small businesses, has raised $60 million in a Series E funding round led by Menlo Ventures and joined by Silicon Valley Bank.
05 June 2018
With Money20/20 about to open in Amsterdam, local bank ING is showing its innovation chops with a slew of announcements around SME financing, fintech investments and smart money management.
04 June 2018
Ian Rand CEO of Barclays Business banking extols the virtues of relationship banking as digital competition heats up.
21 May 2018
NatWest has outlined plans to scale and grow its digital lending platform Esme Loans following a successful pilot phase.
03 May 2018
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