Alternative finance

801 articles tagged with this keyword

/wholesale

Nova Credit debuts cash-flow underwriting tool

Nova Credit, the fintech unlocking opportunities for mainstream and credit excluded consumers and the companies looking to serve them, today has launched its latest product, Cash Atlas – a first-party cash flow underwriting solution that transforms bank transaction data into a Fair Credit Reporting Act (FCRA) consumer report, informing businesses’ lending decisions by painting a more holistic view of consumers’ financial health.

/retail

Point raises $115m for home equity platform

Point, a US outfit that provides homeowners access to equity financing in exchange for a fractional share of the future value of their property, has secured $115 million in a Series C round led by WestCap.

/wholesale

Estateguru announces a funding campaign of up to €3M on Seedrs

Estateguru, the leading property financing and investing platform in Europe, today announces a funding round on Seedrs up to the value of up to €3M in order to support intensive growth and expansion plans.

/security

Acquis Data Services launches asset finance register

Acquis Data Services has today announced its intention to launch Acquis Lumia, a register of asset finance borrowing which will provide a clear view of a company’s current asset finance arrangements to empower confident lending decisions.

/payments

Square Loans launches in Canada

Square is bringing its lending programme for small businesses clients to Canada.

/wholesale

Sonovate makes move into embedded finance

Sonovate, the fintech lender that provides finance and technology services to businesses that engage contractors and freelancers, has launched brand-new cloud-native, API-first features to support its expanding number of enterprise* customers and enhance its embedded finance offering.

/wholesale

Working capital platform Zvilo signs MoU with Mastercard

Zvilo, the digital platform unlocking working capital in the Balkans, has signed a Memorandum of Understanding (MoU) with Mastercard, signifying a strong collaboration and ongoing partnership.

/startups

Outfund raises £15 million to expand in crowded revenue-based finance market

Revenue-based finance provider Outfund has closed a £115M Series A round of equity capital and debt, joining the growing ranks of firms vying for company business across Europe.

/people

Funding Options appoints Malcolm Leach as CTO

Digital finance platform Funding Options has appointed Malcolm Leach to its management team as CTO, continuing its mission to bridge the SME funding gap by providing businesses with the best finance options on the market, at speed and powered by technology.

/wholesale

Citi invests in SME finance platform Crowdz

Citi has led a $10 million funding round for Crowdz as part of a wider collaboration with the SME finance platform to develop SaaS receivables as an asset class.

/wholesale

SME Finance ships AI-powered revenue-based financing product

SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, has launched Smart Loan — a revenue-based financing solution offering a fairer, faster AI-powered service for startups and SMEs, including e-commerce sites, seeking unsecured lending up to €50,000.

/wholesale

Belgium's Card Advance turns to Nordigen for client credit checks

Belgian lending service CARD Advance has linked up with the world’s only free open banking platform, Nordigen, to perform creditworthiness checks on new potential clients.

/wholesale

Capital on Tap secures $200 million funding facility

Capital on Tap has secured a $200m funding facility with HSBC and Värde Partners to support their continued US growth.

/wholesale

Capitalise joins the Xero App Store

Capitalise, the platform that gives businesses and their advisers transparency and control over business finance in one place, has today announced a new integration with global small business platform, Xero.

/wholesale

British fintech Stenn valued at $900 million in debut external equity investment

Stenn, a digital financing platform for SMEs, has closed a $50 million equity funding round with US investor Centerbridge, at a $900 million valuation.

/startups

Business financing platform re:cap raises $15 million

Re:cap, a Berlin-based digital funding platform that enables institutional investors to invest in the recurring revenue streams of companies, has extended its seed funding round to $15 million with support from Abu Dhabi's Mubadal capital.

/payments

Ritmo raises $200m in debt funding

Fintech RITMO has successfully closed a $200 million debt funding round led by i80 Group and Avellinia Capital, making it one of the largest funding rounds of any e-commerce finance business in Europe and Latin America (LATAM).

/wholesale

British Business Investments commits additional £15m to Compass Business Finance

British Business Investments, a commercial subsidiary of the British Business Bank, today announces an additional £15m commitment to Compass Business Finance, taking our total commitment to £30m.

/payments

Qred moves into B2B payments; raises €10 million

Swedish credit scoring platform Qred has raised €10 million to support the launch of a new B2B payments platform for small businesses.

/startups

Income closes €1.3 Million in Seed round of funding at a valuation of €10 million

Today, Income has closed its Series Seed funding round, led by Tolaram Fintech with participation from leading equity crowdfunding platforms Seedrs and Seedblink, with other new and existing early-stage investors.