Alternative finance

792 articles tagged with this keyword

/Alternative finance

Banco BNI Europa to fund Upgrade consumer loans in US

European challenger bank Banco BNI Europa and Fintex have entered into a strategic partnership to invest in Upgrade’s consumer loans and expand access to affordable credit to consumers in the United States.

/Alternative finance

P2P lending firm Growth Street joins Starling Marketplace

Peer-to-peer business lender Growth Street is set to become the latest firm to go live on mobile bank Starling's in-app marketplace.

/Alternative finance

PayBreak secures £15 million in funding from Paragon

UK Fintech firm PayBreak has secured an additional £15m of funding with specialist banking group Paragon as part of its growth plans.

/Alternative finance

Seedrs launches AutoInvest

Today, leading equity crowdfunding platform Seedrs announces a pioneering move for the sector with the launch of its new product AutoInvest.

/Alternative finance

General Atlantic makes $250 million investment in Greensill

Greensill, a market-leading provider of working capital finance for companies globally, announced today it has received a strategic investment from General Atlantic, a leading global growth equity firm.

/Alternative finance

LendInvest and Onfido form ‘selfie’ partnership to speed up Buy-to-Let ID checks

LendInvest, the UK’s largest marketplace platform for mortgages, and Onfido, the leading identity verification provider, have announced a partnership that will further streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product.

/Alternative finance

Liberis gains first small business funding application via Open Banking

Alternative finance provider Liberis, has used Open Banking technology to increase funding access for UK small businesses; using it to process a full funding application for the first time.

/Alternative finance

Malaysia invites applications for registration for equity crowdfunding and P2P financing

The Securities Commission Malaysia (SC) announced today that it is inviting parties interested to operate equity crowdfunding (ECF) or peer-to-peer (P2P) financing platforms to submit applications for registration with the SC.

/Alternative finance

SimplyFi launches online crowd-investing product for SMEs with Tochka Bank

SimplyFi, a leading innovator in crowdfunding for Russian small and medium-sized enterprises (SMEs), has teamed up with Tochka Bank to offer its fast, online lending services directly to the bank’s business clients.

/Alternative finance

BNP Paribas Asset Management joins Code Investing lending panel

CODE Investing announces that it has entered into a long term strategic partnership with BNP Paribas Asset Management (‘BNPP AM’) as part of the development of BNPP AM’s SME Alternative Financing platform.

/Alternative finance

Zopa move back into the black

Peer-to-peer lender Zopa has returned to the black on the back of strong growth in revenue and money lent out.

/Alternative finance

Newchip closes $2m seed funding round

Newchip is announcing today that its marketplace has exceeded 50,000 individual users, and the company has closed its $2 million seed funding round. Newchip welcomes institutional investments from fintech specialists JadeValue Fintech, Yeoman’s Capital, Spunik ATX, Youbi Capital, and Polymath.

/Alternative finance

SocGen buys renewable energy crowdfunding platform

Societe Generale has acquired Lumo, a French crowdfunding platform for renewable energy projects. Financial terms of the deal were not disclosed.

/Alternative finance

Ireland's Linked Finances secures EUR50 million from Banco BNI Europa for lending to SMEs

Linked Finance, Ireland’s leading Market place lending platform, has secured backing from one of Portugal’s fastest growing bank, Banco BNI Europa, who will deploy up to €50m over a 2-year period, to lend to Irish SMEs.

/Alternative finance

BNP Paribas selects Link Asset Services as debt servicer for new SME alternative finance platform

BNP Paribas Asset Management (BNPP AM) has appointed Link Asset Services as the debt servicer for its new SME Alternative Financing platform.

/Alternative finance

Collaboration in financial services is key in Latin America

Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.

/Alternative finance

Online lender Fellow Finance expands to Sweden

Fellow Finance launches a new channel for personal financing to Swedish customers and simultaneously an opportunity for its investors to start investing in Swedish consumer loans.

/Alternative finance

RBC unveils $3.2bn tech budget in digital push

Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.

/Alternative finance

Opendoor closes $325m Series E round

Opendoor, an online real estate marketplace that radically simplifies home buying and selling, announced the closing of its $325M Series E funding round.

/Alternative finance

Equiniti Riskfactor joins forces with efcom in new German partnership

Equiniti Riskfactor is pleased to announce its first international partnership working with efcom, a specialist factoring software provider, which helps lenders to streamline data processing across their factoring business.