Latest Alternative finance News: Finextra Research

Commerzbank and creditshelf extend strategic partnership

creditshelf Aktiengesellschaft and Commerzbank AG are deepening their strategic cooperation and expanding it to include Commerzbank's Private and Small-Business Customers segment.

09 March 2021

Company update/people

Optimum Finance appoints ex-Microsoft director as new CTO

Invoice finance firm Optimum Finance has appointed ex-Microsoft Global Director, Gordon McIntosh, as Chief Technical Officer furthering their specialism in the FinTech space.

01 March 2021

News/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.

23 February 2021

Company update/payments

Iwoca integration with Xero offers Pay later option for businesses

iwoca, one of Europe’s largest small business lenders, is today announcing a UK-first integration with leading small business platform Xero.

15 February 2021

Company update/startups

QED Investors leads $6 million seed round in lending startup Milo

Milo, the digital banking and lending startup serving global consumers, announced a $6 million Seed financing round led by fintech specialist QED Investors with participation from MetaProp and 10X Capital.

01 February 2021

News/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.

28 January 2021

Company update/startups

WeOwn rolls out capital raising app Money Turtle across Europe

WeOwn, the European Startup which specialises in providing technology for financial services, has today launched Money Turtle across Europe.

21 January 2021

Research/Alternative finance

What will drive the journey towards cashlessness and digitalisation?

18 January 2021 657 downloads

News/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.

12 January 2021

Company update/wholesale

Liberis secures £70m in funding and venture debt

Liberis, a leading global embedded business finance platform, has secured £70m in financing from long-term partners British Business Investments, Paragon Bank, BCI Europe, as well as financing and venture debt from new partner Silicon Valley Bank (SVB).

22 December 2020

Company update/Alternative finance

Billhop partners with Visa Finland and OmaSp to improve working capital for Finnish businesses

Billhop has announced a partnership with Visa Finland and Oma Säästöpankki Oyj (OmaSp) to help Finnish businesses improve their cash flow and close their liquidity gap.

21 December 2020

Company update/Alternative finance

RateSetter sells property finance portfolio to Shawbrook Bank

RateSetter today announces that its £120m property development finance portfolio has been sold to Shawbrook Bank.

17 December 2020

News/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.

14 December 2020

Company update/startups

Outfund raises £37m in debt and equity

Outfund, the fintech company changing the way online businesses raise funds, today announces the close of a £37million late seed round of capital, including debt and equity.

08 December 2020

Company update/wholesale

SC Ventures launches trade finance startup

SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered, today announced the commercial launch of SOLV, a full-stack B2B marketplace for micro, small and medium enterprises (MSMEs) in India.

08 December 2020

News/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).

07 December 2020

Company update/wholesale

SIX invests in Swiss digital custody venture

The Swiss Stock Exchange today agreed to take a major stake in Custodigit and to partner with Swisscom, Switzerland’s leading telecoms & IT company, and Sygnum, the first digital asset bank to be formally recognized by Switzerland’s regulator, FINMA.

07 December 2020

Company update/startups