Alternative finance

821 articles tagged with this keyword

/payments

Proactis secures £20 million in funding from HSBC UK

Proactis has secured £20 million in funding from HSBC UK to bring to market new technology to tackle the liquidity squeeze felt by SMEs.

/ai

UOB applies AI to transactional data to speed up loan approvals for SMEs

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process.

/retail

HSBC forges partnership with commercial lending platform NepFin

HSBC is teaming up with commercial lending platform Neptune Financial (NepFin) to target middle market businesses in the US in need of capital.

/regulation

FSB invites feedback on the effects of financial regulatory reforms on SME financing

The Financial Stability Board (FSB) is seeking feedback from stakeholders for its evaluation of the effects of financial regulatory reforms on the provision of financing to small and medium-sized enterprises (SMEs).

/startups

South African challenger Sasfin invests in Payabill

South African challenger bank Sasfin has moved to boost its SME business by buying a stake in local digital lending startup Payabill.

/Alternative finance

Assetz Capital launches new 90-Day Access Account with bonus cashback offer

The peer-to-peer business lender is giving customers a further unique investment option with an introductory target interest rate of 5.75%

/startups

FundedByMe to list on Nordic growth Market

On March 8th 2019, FundedByMe Crowdfunding AB (publ) will be officially listed on the Nordic Growth Market (NGM).

/Alternative finance

Capitalise secures £3.5 million investment

Capitalise.com, the FCA regulated financial marketplace for accountants today announces a £3.5m Series A investment round.

/startups

Factris merges with Lithuanian fintech Debifo

Factris, the Amsterdam-based provider of factoring services has merged its operations with Lithuanian Fintech company Debifo.

/payments

SME lender iwoca raises £150 million in debt and equity financing

UK small business lender iwoca has raised £150 million in equity and debt capital, including figures from a recent Series D equity round led by Augmentum Fintech.

/retail

CommonBond scores $750m in lending capacity from big banks

CommonBond, a leading financial technology company, announced that it has signed $750 million in lending capacity from Goldman Sachs, Citibank, Barclays, BMO, and ING.

/retail

OnDeck gets $85m credit facility

OnDeck (NYSE: ONDK), the leader in online lending for small business, announced today the closing of an $85 million corporate revolving credit facility with a lender group consisting of four banks.

/Alternative finance

Funding Options heads to Europe with ING partnership

UK-based online business finance marketplace Funding Options is launching in the Netherlands with the backing of local bank ING.

/startups

Minneapolis’ Apruve raises $6 million in funding

Apruve, a B2B credit automation platform, today announced that it closed on $6 million in its Series A financing led by Cloud Apps Capital Partners with participation from TTV Capital and Allegis Capital.

/Alternative finance

Augmentum invests £7.5 million in iwoca

London listed fintech venture fund Augmentum has invested £7.5 million in small business lender iwoca.

/retail

Lending Express opens for business in California

Lending Express, a technology company dedicated to creating a better world of funding for SMBs, today announced they’ve surpassed $100 million in financing facilitated between small and medium business owners and online lenders.

/Alternative finance

Fellow Finance expands to Denmark

Fellow Finance is expanding its peer-to-peer lending platform to Denmark.

/startups

Growth Street scores £7.5m scale-up round led by Merian Chrysalis

Signalling a vote of confidence in British fintech, business lending platform Growth Street has raised a £7.5m scale-up investment round led by the Merian Chrysalis Investment Company Limited (Merian Chrysalis).

/payments

Barclays and Santander invest in MarketInvoice

Barclays and Santander InnoVentures have led a £26 million Series B funding round in online invoice financing platform MarketInvoice.

/retail

Alternative lender Capify scores $95m Goldman Sachs credit facility

Capify, a leading alternative small business finance provider in the UK and Australia, has secured a £75 million (approx. $95 million USD) credit facility from Goldman Sachs Private Capital ("Goldman Sachs") to support its future growth plans and provide working capital to thousands of Australian and British small businesses over the coming years.