Alternative finance

268 articles tagged with this keyword

/sustainable

Funding Options launches green finance marketplace

Funding Options has launched a green finance marketplace to help UK SMEs source funding to achieve their sustainability goals.

/regulation

Klarna faces data privacy investigation in Sweden

Sweden's financial watchdog is investigating whether buy-now-pay-later (BNPL) fintech Klarna violated bank secrecy laws following a security breach in May.

/retail

Klarna partners Liberis to offer merchants revenue-based financing

Klarna has picked embedded business finance platform Liberis to help it offer its e-commerce clients revenue-based financing.

/wholesale

CBA rolls out receivables funding platform for small businesses

Commonwealth Bank of Australia has launched a new online lending platform that frees up working capital for small businesses on the submission of their outstanding invoices.

/retail

Alternative lender ThinCats scores £160m investment

ThinCats, an alternative lender to UK SMEs, has secured a £160 million strategic investment from Wafra Capital Partners (WCP).

/startups

TreasurySpring raises $10m for fixed-term fund platform

TreasurySpring, the London-based operator of a fixed-term fund platform, has raised $10 million in a round led by MMC Ventures and Anthemis Group.

/startups

Capchase raises $125m for just-in-time financing platform

Capchase, a US startup that helps tech company founders access non-dilutive capital, has raised $125 million in a mix of debt and equity.

/markets

Pipe hits $2 billion valuation within a year of launch

Pipe, a Miami-based fintech startup building an exchange for recurring revenue streams, has raised $250 million in a funding round that gives it a $2 billion valuation within a year of launching.

/sustainable

Sustainable Finance Live: The state of the market and planet

Today, Finextra Research and Responsible Risk kicked off proceedings for Sustainable Finance Live – a series of virtual events designed to drive the creation of actionable ESGtech strategies within the financial services sector, and foster an ecosystem of partnerships that will turn strategy into action.

/wholesale

Rishi Sunak announces UK Treasury and BofE fintech taskforce to explore CBDC

Chancellor of the exchequer Rishi Sunak announced today the launch of new fintech taskforce to “coordinate exploratory work on a potential central bank digital currency,” led by the UK Treasury and Bank of England.

/wholesale

NatWest winds up standlone lending business Esme Loans

Esme Loans, NatWest's standalone digital lending platform for SMEs is being wound up as the pandemic takes its toll on the UK's small business community.

/retail

Westpac adds marketplace lender SocietyOne to banking-as-a-service platform

Marketplace lender SocietyOne is the second Australian fintech to join­­­ Westpac's new digital banking-as-a-service platform.

/crypto

Davos 2021: Singapore senior minister on finding the dark horse in digital currency race

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

/devops

How banks and financial services players will monetise open banking

Joined by executives from the financial services ecosystem, Celent’s head of corporate banking Patricia Hines took to the Sibos virtual stage to lead a discussion on the potential for building on ROI with APIs.

/wholesale

Lloyds to licence invoice financing technology from Satago

Lloyds Banking Group is to run a six month trial of an invoice financing platform from Satago Financial Solutions, with a five-year commercial contract for the product on the line.

/people

London Stock Exchange names new CEO

A former director at the UK's financial regulator has been appointed as the chief executive of the London Stock Exchange (LSE).

/retail

Mintos raises €5.3m in single-day crowdfund

European alternative investment platform Mintos has shattered crowdfunding records on Crowdcube, raising €5.3 million from nearly 5000 people in just 24 hours.

/startups

Possible Finance raises $11m over Zoom; makes remote working permanent

Possible Finance, a Seattle-based digital short-term lender for people with poor credit, has been adjusting to the Covid-29 economy, raising $11 million in funding via Zoom calls and making the long-term switch to remote working.

/wholesale

Small business lender Capify nets $10 million in funding

Online lender Capify has scored $10 million in equity funding and secured continued support from Goldman Sachs for its existing credit facilities.

/startups

UK's Tech Nation announces latest fintech cohort

Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.