Alternative finance

258 articles tagged with this keyword

/wholesale

Liberis secures €30 million in debt financing from Silicon Valley Bank

Embedded business finance platform Liberis has secured €30 million in debt funding from Silicon Valley Bank to expand into Germany and Poland and the Nordics.

/startups

Digital finance platform Tapline comes out of stealth with funding

Tapline, a digital finance platform allowing SaaS companies to trade their future revenues for upfront and non-dilutive cash, has secured pre-seed funding of €31.7 million in equity and debt.

/wholesale

Tide acquires Funding Options

Business banking platform Tide has made its first acquisition, scooping up SME credit marketplace Funding Options.

/retail

Amazon launches merchant cash advancement programme

Amazon has joined forces with Parafin to launch a merchant cash advance service that ties repayment to future sales.

/inclusion

Egypt's Money Fellows raises $31m to digitise money circles

Egyptian fintech Money Fellows has raised $31 million for its mobile-based platform for money circles - where a group of people put money into a pot for a specific period so that they can save and borrow together.

/startups

Portugal's fintech sector passes €1bn milestone

Funding for Portuguese fintechs has exceeded the €1bn mark for the first time.

/people

Atom Bank names CFO

UK challenger bank Atom has named Andrew Marshall as chief financial officer.

/crypto

N26 unveils crypto offering

German challenger bank N26 has launched its first cryptocurrency offering which will enable clients to trade close to 200 virtual currencies.

/inclusion

Indian PM Modi hails fintech revolution in digital banking push

India's prime minister Narendra Modi has announced the launch of 75 digital banking units (DBUs) in a move that he says will improve the banking experience for users and boost financial inclusion.

/payments

PayPal to ride out social media backlash over misinformation policy change

Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.

/wholesale

Fintech lending boosts credit access for US small businesses

The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an advantage over banks when it comes to small business lending, according to a paper from the Bank for International Settlements.

/startups

Credix raises $11.25m for decentralised credit marketplace

Credix, a decentralised credit marketplace connecting institutional investors with fintech lenders in emerging markets, has raised $11.25 million in a Series A funding round led by Motive Partners and ParaFi Capital

/retail

Singapore welcomes another digital bank

The digital bank market in Singapore has grown following the launch of Trust Bank, a partnership between Standard Chartered and local retailer FairPrice.

/startups

India's EarlySalary raises $110m

Indian lending fintech EarlySalary has raised $110 million in a Series D funding round led by TPG’s The Rise Fund and Norwest Venture Partners.

/wealth

Asset manager launches metaverse fund

Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.

/startups

Startup finance platform Arc raises $20 million

San francisco-based startup finance platform Arc has raised $20 million in a funding round led by Left Lane Capital.

/regulation

UK to regulate stablecoins as part of Finance bill

Fintechs and crypto asset providers have welcomed the UK government’s decision to bring stablecoins into regulatory scope as part of the recently published Financial Services and Markets Bill.

/startups

Fintech valuations fall by half a trillion

Nearly half a trillion dollars has been wiped off the valuation of fintech firms so far this year when their current value is compared to their peak valuation, according to CB Insights.

/crypto

Coinbase gets crypto service provider approval in Italy

Crypto firm Coinbase has been granted approval by Italy's financial regulator to operate as a crypto assets service provider.

/payments

B2B BNPL startup Playter raises $55 million

UK-based B2B buy now, pay later startup Playter has closed on a $55 million debt and equity round from the backers of Klarna, SoFi and Pipe.