Alternative finance

792 articles tagged with this keyword

/wholesale

ABC Finance releases invoice finance comparison tool

ABC Finance has release a first of it’s kind invoice finance comparison tool, which allows business owners to undertake a ‘rapid tender’ process.

/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

/crypto

Grayscale secures SEC legal win over bitcoin ETF

A US federal appeals court has sided with an asset manager in a lawsuit against the Securities and Exchange Commission (SEC) after the regulator denied an application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF).

/wholesale

European Investment Fund backs SME Finance to the tune of €40 million

The European Investment Fund (EIF) and Lithuania’s SME Finance have signed a guarantee agreement under the InvestEU programme to facilitate more than €40 million in new financing in the form of loans, leases and factoring for micro and small enterprises and small mid-caps in the Baltics, Finland and the Netherlands.

/startups

Kenyan fintech Zanifu raises $11.2m

Kenyan startup Zanifu has raised $11.2 million in debt-equity funding for its platform providing micro, small and medium-sized businesses with inventory financing.

/crypto

Slovenia ranked as EU's most crypto-obsessed country

Slovenia has emerged as the most 'crypto-obsessed' state in Europe, according to recently published research.

/crypto

Survey suggests industry divided on CBDCs

The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.

/wholesale

Scottish fintech, Know-it sets its sights on Australia expansion

Fintech companies in the UK and Europe often seek global expansion, including entering the Australian market.

/payments

SumUp scoops $100 million credit facility for roll out of cash advance product

London-based unicorn SumUp has picked up a $100 million credit facility from Victory Park Capital to drive the launch of a cash advance product for UK and European merchants.

/people

MPower Financing names Anand Cavale chief growth officer

MPower Financing, a mission-driven fintech firm and leading provider of non-cosigned loans to promising students from around the world, today announced that Anand Cavale has joined as Chief Growth Officer.

/retail

Novo launches working capital product for SMEs

Novo, a provider of digital-only banking services for US small businesses, has secured a $125 million facility for the launch of a working capital product.

/startups

UK fintechs Bloom Money and SuperFi close seed rounds

Bloom Money, a UK startup offering financial services to immigrants has raised £1 million in pre-seen funding. Separately, another UK startup, SuperFi, has secured $1 million in pre-seed funding for its debt prevention platform.

/Alternative finance

TP24 raises £345m in debt funding from Barclays and M&G Investments

TP24, a fintech provider of flexible revolving business credit, has raised £345m in debt funding from UK parties Barclays Bank Plc (“Barclays”) and M&G Investments.

/Alternative finance

Earnest and Nova Credit to launch international private student loans

Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, and Nova Credit, a modern credit bureau bridging consumer credit data around the world, today announced their partnership and the launch of International Private Student Loans.

/wholesale

TreasurySpring raises $29m

TreasurySpring, the London-based investment platform that helps firms unlock and protect the value of their cash assets, has raised $29 million in a Series B funding round led by Balderton Capital.

/crypto

Crypto.com gets licence in Spain

Cryptocurrency platform Crypto.com has been granted virtual asset service provider (Vasp) registration by the Bank of Spain.

/inclusion

Majority of consumers trust generative AI for financial planning

The majority (53%) of consumers trust generative AI technology to be used for its financial planning, suggests recently published research.

/payments

Aryza and Acquired.com form partnership

The financial software solutions provider, Aryza Group has announced their partnership with payments specialists Acquired.com to deliver a sophisticated range of data driven collection and disbursement options for their lending division with plans to extend this into other parts of the group including debt recovery and insolvency.

/startups

ScotPac selects Dancerace for backoffice overhaul

ScotPac – the largest non-bank business lender in Australia and New Zealand – has partnered with Dancerace to deliver the next step in its ambitious technology transformation program.

/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).