Latest Alternative finance News: Finextra Research

Funding Xchange concludes £1.5m funding round

Funding Xchange (FXE), the platform set to transform the small business finance scene, has raised £1.5M in Series A funding, led by Calibrate Management Ltd and Kimera.

19 March 2018

Company update/Alternative finance

MarketInvoice reaches £2b milestone

Business finance company MarketInvoice has today reached the landmark milestone of having advanced £2b worth of invoice finance and business loans to UK companies.

19 March 2018

Company update/Alternative finance

Fundbox addresses SME access to credit with Fundbox Pay

Today Fundbox, the leading small business growth company, announced the launch of Fundbox Pay, a new payment and credit solution servicing the $4.5 trillion small business-to-business (SMB2B) transactional market in the U.S.

16 March 2018

Company update/Alternative finance

FinTech Australia welcomes new report which outlines growth in fintech business lending and finance

Australia’s fintech industry association today welcomed a new report which finds that small to medium enterprises (SMEs) are continuing to turn to fintech and other non-bank lenders for their growth fund needs.

16 March 2018

Company update/Alternative finance

Qupital Hong Kong strikes deal with Alibaba

Qupital, Hong Kong's first online invoice financing service provider, has formed a partnership with Alibaba.com, the leading wholesale marketplace for global trade, to strengthen its own invoice financing platform to facilitate trade for small and medium-sized enterprises (SMEs) in Hong Kong.

15 March 2018

Company update/Alternative finance

Digital mortage startup Property Master breaks £250k crowdfunding target

A round of crowdfunding begun in January by Property Master, the digital start up that uses algorithms to match the requirements of individual landlords against the entire buy-to-let mortgage market, has already beaten its £250,000 target.

15 March 2018

Company update/Alternative finance

Wyelands Capital acquires equity stake in Demica

Wyelands, the financial services pillar of Sanjeev Gupta’s GFG Alliance, has announced that Wyelands Capital has made a number of strategic investments and senior appointments to drive forward its rapid development as a financial services provider.

14 March 2018

Company update/Alternative finance

Abu Dhabi's ADGM publishes proposed regulatory framework for alternative finance providers

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today published a discussion paper setting out its proposed regulatory framework for operators of financing platforms for non-public companies (Private Financing Platforms or PFPs).

12 March 2018

Company update/Alternative finance

Sweden's VIA SMS to offer loans against crypto holdings

Observing the blockchain boom and growing interest from investors’ over the past few months, an alternative financial services provider VIA SMS Group has developed a solution to support Bitcoin investors with an extra asset liquidity.

12 March 2018

News/Alternative finance

European Commission sets out 23-step 'Fintech Action Plan'

The European Commission has set out details of a 23-step 'Fintech Action Plan' to promote the digital transformation of the financial services sector, including the establishment of an EU Fintech Laboratory, the creation of a best-practices blueprint for regulatory sandboxes and substantial crowdfunding reforms.

08 March 2018

Company update/Alternative finance

C2FO closes $100m funding round

C2FO, the world’s largest market for working capital, has completed a $100MM funding round led by Allianz X and Mubadala Investment Company, along with strong participation from existing C2FO investors: Temasek, Union Square Ventures, and Mithril Capital.

27 February 2018

Company update/Alternative finance

Lending Works chooses Credit Kudos to power new Open Banking initiative

Credit Kudos and Lending Works announce a partnership that creates one of the first commercial applications of the new Open Banking standard, empowering customers to instantly verify income in support of loan applications.

19 February 2018

News/Alternative finance

Fintech group TruFin raises £70m

TruFin, a British fintech and banking business with fingers in various niche lending pies, has raised £70 million through a listing on the LSE's AIM market.

13 February 2018

News/Alternative finance

Australian Government moves to open up the banking industry

Australia has moved one step closer to implementing an Open Banking regime with the publication of a final Government report into the issue, accompanied by draft legislation to mandate comprehensive credit reporting.

09 February 2018

Company update/Alternative finance

MarketInvoice partners with Euler Hermes

Business finance company MarketInvoice has established a partnership with Euler Hermes, the global leader in trade-credit insurance, which will provide credit insurance policies to customers of MarketInvoice in safeguarding their businesses.

08 February 2018

Company update/Alternative finance

Esme Loans joins NatWest's alternative finance panel

Esme Loans, the digital lending platform that allows small and medium sized businesses to quickly obtain unsecured loans of up to £150,000, will join a select group of leading alternative finance firms on NatWest’s Capital Connections panel.

07 February 2018

Company update/Alternative finance

Amazon Business launches in France

Amazon today announced the launch of Amazon Business on amazon.fr, meaning that it is now available on three Amazon marketplaces across Europe.

07 February 2018

Company update/Alternative finance

Seedrs opens secondary market

Since we launched our pioneering Seedrs Secondary Market last summer, over 850 share lots worth more than £250,000 have been sold across 166 Seedrs Alumni businesses.

06 February 2018

Company update/Alternative finance