Latest Alternative finance News: Finextra Research

Tarabut & Geidea sign MoU for SME financing in Saudi Arabia

Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a strategic partnership to explore and potentially develop tailored SME financing solutions, subject to regulatory approvals.

19 November 2024

Company update/wholesale

Lendscape signs Express Trade Capital

Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance provider, Express Trade Capital.

18 November 2024

Company update/payments

Modifi scoops $15 million Series C

MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, Neva (Intesa Sanpaolo), Heliad and other top-tier global investors.

12 November 2024

Company update/wholesale

Dojo joins forces with YouLend to bring embedded financing options to Spanish businesses

Dojo, a leading provider of payment technology, has joined forces with global embedded financing platform YouLend to introduce flexible, business-friendly financing to its Spanish customers.

12 November 2024

Company update/wholesale

Iwoca secures $200 million of debt funding led by Citi

iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.

11 November 2024

Company update/wholesale

SME lender iwoca secures £200m in debt funding

Iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.

11 November 2024

Company update/wholesale

Bizcap expands to Singapore

Bizcap, a leader in fast and flexible business finance across the U.K., Australia, and New Zealand, is thrilled to announce its upcoming Singapore expansion and the appointment of Joseph Lim as Managing Partner – Asia.

04 November 2024

Company update/retail

DailyPay gets additional $100m credit commitment from Citi

DailyPay, Inc., a worktech company and leading provider of earned wage access, today announced it has secured an additional $100 million commitment to its secured credit facility capacity from Citi.

24 October 2024

Company update/wholesale

YouLend secures $1 billion three-year financing facility with Castlelake

YouLend, a global embedded financing platform today announces that it has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm that specializes in asset-based private credit.

24 October 2024

Company update/payments

Plooto offer short term capital to SMEs with new Pay by Card product

Plooto, a leading payment automation solution for small-to-midsize businesses (SMBs), now offers Pay by Card to Canadian and U.S. businesses, developed in collaboration with Visa.

24 October 2024

Company update/wholesale

PayPal plugs £2.5 billion cashflow gap for UK small businesses

New PayPal data has revealed the reach and impact of ‘alternative business funding’ amongst British small businesses.

23 October 2024

Company update/wholesale

Pipe makes push into the UK with GoCardless

Pipe, a fintech company partnering with software platforms to deliver embedded financial solutions for SMEs, and bank payment company GoCardless today announced a partnership to reshape capital access for UK businesses.

22 October 2024

Company update/wholesale

Lemon teams with Shawbrook Bank on new financing product for SMEs

Today, Lemon announces the launch of its new, first-of-its-kind financing product, in collaboration with Shawbrook Bank.

10 October 2024

News/startups

EIB announces plan to boost funding for European fintechs

The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.

08 October 2024

Company update/retail

Storfund partners TikTok Shop for embedded cash flow offering

Fintech Storfund has announced a new partnership with TikTok Shop that will introduce the first fully embedded cash flow solution in a major US marketplace, an innovation set to benefit sellers with high-growth potential on the social media app.

07 October 2024