267 articles tagged with this keyword
News/Alternative finance
London listed fintech venture fund Augmentum has invested £7.5 million in small business lender iwoca.
24 January 2019
News/payments
Barclays and Santander InnoVentures have led a £26 million Series B funding round in online invoice financing platform MarketInvoice.
21 January 2019
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.
11 January 2019
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.
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.
10 January 2019
Rabobank is partnering with Nxchange to provide small and medium sized business with access to a tradable bond platform for loan financing.
03 December 2018
Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific
29 November 2018
News/retail
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.
26 November 2018
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.
23 November 2018
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.
12 November 2018
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
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
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