Alternative finance

821 articles tagged with this keyword

/Alternative finance

EU Commission gets provisional nod for new crowdfunding standards

The European Parliament has given provisional approval to plans to introduce new standards for crowdfunding platforms across the continent.

/startups

Monzo and Bud vets launch platform for renters

A group of former Monzo, Bud and Apple staffers are tapping into the UK's Open Banking initiative to launch a platform for renters.

/Alternative finance

BlueVine raises $102.5 million

Citi Ventures. MUFG Ventures and Nationwide have joined in a $102.5 million equity financing round for small business banking vendor BlueVine.

/Alternative finance

Funding Xchange closes £8 million funding

Funding Xchange (FXE), the FinTech that has built digital decisioning technology to enable partners like MoneySuperMarket, Monzo and Experian to offer their customers instant access to personalised transparent quotes for business funding, today announced the closing of an £8 million funding round, led by Downing Ventures and Gresham House Ventures.

/Alternative finance

Banco Sabadell partners Nemuru to help customers in renovations sector access financing

Banco Sabadell, through Sabadell Consumer Finance, has reached an agreement with the fintech company Nemuru to make it easier for professionals in the renovations sector to offer their customers instant loans at the point of sale through a 100% online platform.

/Alternative finance

Hampshire Trust Bank invests in Alfa Systems

Hampshire Trust Bank’s (HTB) specialist business finance division today announces that it has invested in Alfa Systems, the leading asset finance software provided by Alfa.

/Alternative finance

Funding Options signs up with DueDil

Funding Options, the marketplace for business finance, has partnered with predictive company intelligence platform, DueDil, to simplify its customer journey and speed up finance applications.

/startups

Germany's Acatus raises EUR5.5m

Berlin-based FinTech Acatus announces the successful completion of a Series A financing round. The round is led by DIP Capital LLP and the venture capital fund coparion. The existing shareholders and business angels also participated in the round.

/retail

HSBC claims hyper-personalised banking will be driven by digital ID

A new report from HSBC reveals that the traditional products-based approach in retail banking will be replaced by hyper-personalised services, where customer personal data will be collated to form a central digital ID.

/Alternative finance

AltPay extends reach through Onpex

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with UK-based regulated eMoney institution (EMI), AltPay.

/startups

ID Finance raises £4.4m on Crowdcube

ID Finance, a digital lending platform that uses smart credit scoring technology to target the underbanked in Spain and Latin America, has raised a record £4.4 million on Crowdcube.

/Alternative finance

Marketplace lender Become raises $12.5 million

Israel fintech Become has raised $12.5 million in Series A funding to help propel its mission to become the 'Expedia for business loans'.

/startups

Seedrs to offer trending news on crowdfunding firms with CityFalcon

Today, leading private equity investment platform Seedrs announces a new partnership with CityFALCON, a provider of professional-grade market intelligence, in tandem with launching new sector pages as it continues revolutionising how investors access and engage with the early-stage asset class.

/Alternative finance

Business lending platform Trade Ledger raises £1.5 million

Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate revenue growth.

/Alternative finance

Money 20/20: Banks can be creepy, as long as they personalise services

John Thomas, head of enterprise, innovation & strategic business architecture at TD Bank showcases his expertise on how to leverage data to synthesise the customer experience while at the same time, remaining hyper-relevant in the banking sector at Money 20/20 USA in Las Vegas.

/inclusion

Koyo raises £3.8m for Open Banking loan platform

UK open banking-powered online lender, Koyo, is set to launch later in the year following a £3.8m ($4.9m) raise in debt and equity funding.

/Alternative finance

Greensill lands $655 million investment; acquires UK fintech FreeUp

Greensill, a UK-based supplier of alternative supply chain finance, has secured a $655 million follow-on investment from SoftBank Vision Fund.

/Alternative finance

MarketInvoice creates new business to support larger corporates

Business finance company MarketInvoice, has launched a new specialist team to provide finance facilities for Britain’s larger businesses.

/payments

Kabbage moves into payments processing

Kabbage, Inc., a data and technology company providing small businesses cash flow solutions, announced the general availability of Kabbage Payments to its customers, a new payment-processing solution for small businesses that makes getting paid faster as simple as sending a text message.

/retail

UK P2P lender FundingSecure goes into administration

UK peer-to-peer lending platform FundingSecure has been placed into administration, according to the Financial Conduct Authority.