256 articles tagged with this keyword
News/sustainable
Alex Liftman, global environmental executive, Bank of America (BofA), believes “significantly accelerating progress on addressing big global issues like climate change requires going beyond business-as-usual financing to find innovative approaches that can help attract a larger share of capital from a broader set of investors.”
08 April 2020
News/covid-19
American online lender Kabbage has begun suspending credit lines to its small business clients without notice, according to Bloomberg.
02 April 2020
Continuing pressure caused by Covid-19 has not put a dampener on bunq’s green-minded users, as 81% of the Dutch challenger's online community have pushed for a 'SuperGreen' commitment to plant trees for every EUR100 spent with any bunq card.
News/startups
Earnd, a Sydney startup that allows employees to draw down their salary in installments, has been acquired by Greensill, a UK-based supplier of alternative supply chain finance. Financial terms of the deal were not disclosed.
10 March 2020
News/inclusion
Quona Capital, a venture firm focused on financial inclusion in emerging markets, has closed its second fintech fund with $203 million in commitments, led by anchor investor Accion International.
09 March 2020
News/regulation
The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.
06 March 2020
Berlin-based SME financing specialist FinCompare has topped up its Series A funding round with an additional EUR12 million from, among others, ING Ventures.
News/payments
The consumer of today is educated, digitally empowered and more than ever before, wants to make informed financial decisions. This requires financial players to provide a quick, efficient and barrier-free customer service that keeps pace with the dynamic transformations of this new era of payments.
04 March 2020
News/Alternative finance
Two defence agencies in Austria and France are joining forces to improve cryptocurrency security and tackle the rising rate of crime in the crypto market.
28 February 2020
Founder and managing partner of The Redsand Group, Nicole Anderson, announced in a recent interview with Finextra TV that the group will launch a fund to work with the venture community to support fintech aimed at tackling sustainability across financial services through tools such as blockchain and tokenisation.
27 February 2020
Global IT expense is set to reach a staggering $3.9 trillion in 2020, an increase of 3.4% from 2019 according to Gartner. Driven by the adoption of software-as-a-service (SaaS), all market segments are expected to spend on forms of software such as cloud and expand its use through 2023. But what does this mean for the environment?
Finextra interviews Boston-based accelerator Catalyst Fund about JPMorgan's recent investment in its goal to boost financial inclusion across emerging markets.
17 February 2020
Consumers now have access to all the information they need to define, compare and select the financial products and services that best serve their individual needs.
14 February 2020
Visa has made a strategic investment in ChargeAfter as part of a broader deal with the point-of-sale financing technology platform.
12 February 2020
Canadian regulators have given the greenlight for the country's first peer-to-peer lending platform for consumer loans.
31 January 2020
Fintech players have captured the marketplace with efficient customer experience and proven that mass-market growth is achievable, without branches and with mobile-based applications. What sets new financial entrants apart is that they are adaptable and can provide customers with financial advice in a way that suits them.
The UK's point-of-sale credit market is surging, according to analysis from consultant Kearney, with two thirds of millennials now using 'buy now, pay later' services - despite some concerns about the impact on credit scores.
29 January 2020
Westpac-backed venture fund Reinventure has stepped up its push into Asia’s fintech scene, joining a US$90 million funding round for the owner of Kredivo, Indonesia’s fast-growing "buy now, pay later" (BNPL) platform.
27 January 2020
UK-based alternative finance provider Liberis has raised $42 million in equity financing and appointed PayPal's former head of credit operations Howard Kramen as its US general manager.
22 January 2020
ASX-listed marketplace lender Wisr has raised $35 million via a placement of approximately 181 million ordinary shares.
16 January 2020
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