Alternative finance

801 articles tagged with this keyword

/wholesale

Iwoca and FundingXchange to offer cash advances to SMEs through Open Banking

Iwoca has launched an Open Banking-based cash advance product for e-commerce businesses with a business bank account on the FundingXchange marketplace.

/sustainable

Scottish National Investment Bank commits £50m to woodland management

The bank’s investment will support widescale creation and management of forests in Scotland, as well as boost biodiversity in the area, improve air quality, reduce soil erosion, and capture an estimated 1.2 million tonnes of CO2 over two decades.

/people

Uncapped appoints former Revolut business lead Vaidas Adomauskas as CPO

Uncapped, a London-based start-up changing the way online companies fund their growth, marketing and inventory costs, today announced the appointment of Vaidas Adomauskas as Chief Product Officer.

/wholesale

LendInvest secures £150m partnership with Barclays and HSBC

LendInvest, an asset management platform for property finance, has agreed a £150 million partnership with Barclays and HSBC to get funding to UK property entrepreneurs.

/startups

Upgrade hits $3.3bn valuation

Upgrade, the lending platform launched by former LendingClub Chief Renaud Laplanche, has closed a $105 million Series E round at a $3.325 billion pre-money valuation.

/Alternative finance

SMEs Front and Centre

524 downloads

/startups

Income launches funding round

Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram Fintech, part of Tolaram, a Singapore-based enterprise with investments in consumer products, fintech, and infrastructure and over USD 1.2 billion in annual revenues.

/people

Propel Finance appoints Paul Piggott as head of technology vendor

Propel Finance, the leading UK independent asset finance lender, has appointed Paul Piggott as its new Head of Vendor Sales.

/Alternative finance

Responding to Lending Disruption

604 downloads

/startups

Capchase raises $280m; launches BNPL platform for large business expenses

Capchase, a US startup that helps company founders access non-dilutive capital, has raised $280 million in debt and equity financing to support the launch of a BNPL product that lets users split large expenses over time.

/startups

CCAF, World Bank, World Economic Forum launch second Covid-19 fintech impact study

Building on findings and insights from its landmark 2020 survey, the Cambridge Centre for Alternative Finance (CCAF) is once again partnering with the World Bank Group and the World Economic Forum to investigate the impact Covid-19 has borne on fintech firms.

/crypto

Misleading crypto ads to be targeted by UK watchdog

The UK's Advertising Standards Authority (ASA) is set to issue a crackdown on misleading cryptocurrency advertisements.

/crypto

Circle plans $4.5bn listing

Global fintech firm Circle has announced plans to go public via a special purpose acquisition company (SPAC) deal that values the company at $4.5bn.

/sustainable

Funding Options launches green finance marketplace

Funding Options has launched a green finance marketplace to help UK SMEs source funding to achieve their sustainability goals.

/retail

Glint smashes crowdfunding target

Glint, the global gold-based payments system that allows clients to instantly and securely save, spend and share real gold, has successfully raised over £3m ($4m) through its joint US/UK crowdfunding round – smashing its initial target by 51%.

/startups

Invoice finance startup Arex completes €8.8m series A funding

AREX Markets, the data-driven fintech company that drives financing costs down for SMEs and enables them to get access to cash quicker, today announces its Series A funding round, securing €8.8 million to accelerate its rollout in the UK and Spain.

/inclusion

Student finance fintech raises £1.1m in funding

StepEx has raised £1.1 million in pre-initial funding, with the venture studio BBVA Anthemis Venture Partnership being the lead investor.

/regulation

Klarna faces data privacy investigation in Sweden

Sweden's financial watchdog is investigating whether buy-now-pay-later (BNPL) fintech Klarna violated bank secrecy laws following a security breach in May.

/retail

Klarna partners Liberis to offer merchants revenue-based financing

Klarna has picked embedded business finance platform Liberis to help it offer its e-commerce clients revenue-based financing.