Alternative finance

821 articles tagged with this keyword

/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).

/wholesale

Wayflyer renews existing $300mn debt line from JPMorgan

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, has today announced a renewed funding line from global financial services leader J.P. Morgan.

/retail

Spanish fintech ID Finance launches crowdfunding campaign

Spanish alternative lending platform ID Finance has launched a crowdfunding campaign, offering existing shareholders and clients as well as European retail investors the opportunity to participate in its recently closed €30 million equity round.

/payments

Mastercard selects Start Path Small Business cohort

Five startups join inaugural Mastercard Start Path Small Business cohort to uncover joint innovation opportunities and scale solutions that drive simple, secure digital experiences for SMEs globally.

/wholesale

Universal Partners to offer clients digital invoice and trade finance via Muse Finance

Universal Partners, a leading FCA-regulated, cross-border payment and foreign exchange specialist for businesses, today announced a strategic partnership with embedded finance fintech Muse Finance to offer clients digital invoice and trade finance.

/wholesale

Jifiti launches embedded lending platform with FIS

Jifiti, a multinational embedded lending technology company, today announced that they have signed an agreement to launch an embedded lending solution with FIS (NYSE: FIS), a global leader in financial services technology.

/wholesale

Teya teams with Liberis for merchant financing

Teya, the customer-centric operating system and financial service provider for merchants in Europe, has today announced its partnership with Liberis, the UK’s leading embedded finance platform.

/security

CFPB warns consumers about non-insured payments apps

The Consumer Financial Protection Bureau (CFPB) has warned users of non-bank payment apps that their accounts are not protected by federal deposit insurance coverage.

/wholesale

SME Finance enters Dutch market

SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, announces today its expansion into the Netherlands.

/inclusion

Securities Commission Malaysis seeks to boost agri sector via fintech

The Securities Commission Malaysia (SC) is encouraging wider adoption of financial technology (fintech) in agriculture in order to help in achieving the country’s food security agenda.

/payments

Plastiq files for bankruptcy; agrees acquisition deal with Priority

Plastiq, a US B2B payments firm for SMEs, has filed for bankruptcy and entered into a stalking horse agreement to have its assets acquired by unified commerce platform Priority Technology.

/people

Muse names ex-NatWest exec Julie Ashmore COO

Working capital business finance provider Muse Financial has brought in former NatWest executive Julie Ashmore as COO.