Latest Alternative finance News: Finextra Research

Future-Ready Payments Solutions: Remaining competitive with reusable technology

09 December 2021 788 downloads

Company update/payments

Elavon to provide working capital to merchants via Liberis

Global payments company, Elavon, has partnered with Liberis, a global leader in providing embedded finance solutions, to offer funding for Small-to-Medium-sized enterprises (SME) in the UK.

07 December 2021

Company update/wholesale

Iwoca expands revenue based loan to support post-pandemic SME recovery

iwoca, one of Europe’s largest small business lenders, has today announced the expansion of its merchant cash advance product to small businesses to all businesses accepting card payments in the UK.

02 December 2021

News/retail

Republic to buy Seedrs for $100m

In the wake of its blocked merger with Crowdcube, UK crowdfunding platform Seedrs has agreed a deal to be acquired by American outfit Republic for around $100 million.

01 December 2021

Company update/wholesale

Capchase expands to the Nordics

Capchase, a leading provider of non-dilutive capital for recurring-revenue companies, has announced it will expand to Denmark, Sweden and Finland.

30 November 2021

Company update/wholesale

Folk2Folk receives £7 million from British Business Investments

British Business Investments, a wholly-owned commercial subsidiary within the British Business Bank group, today announces a £7m commitment to FOLK2FOLK, a specialist marketplace lender for rural and regional smaller businesses.

29 November 2021

Company update/wholesale

Lenderwize secures €100m investment from Fasanara Capital

Lenderwize, the leading fintech platform for digital commodities, announced today that it has received €100 million in funding from Fasanara Capital, an alternative lender in Europe.

25 November 2021

Company update/people

DigniFi names Neeraj Mehta CEO

DigniFi, a leading fintech platform for the automotive industry, today announced that Neeraj Mehta has been named Chief Executive Officer, replacing Richard Counihan whose guidance and expertise were instrumental in significantly growing the company during his five-year tenure by expanding to 32 states, launching a revolving line of credit program with WebBank called DigniFi ExpressWay, and cementing a partnership with industry giant AutoNation.

05 November 2021

Research/Alternative finance

Addressing the Poverty Premium: A data-led approach

05 November 2021 296 downloads

Company update/startups

Nigerian SME finance startup Payhippo closes $3 million seed funding

Payhippo, a lending startup that is widening credit access for small businesses in Nigeria, announced today that it raised $3 million in seed funding.

03 November 2021

News/wholesale

Fin VC and Barclays invest in invoice insurance platform Nimbla

Invoice insurance startup Nimbla has attracted £5.1 million in funding from Silicon Valley's FIN VC with participation from Barclays Bank.

03 November 2021

Company update/wholesale

Capital on Tap secures £450 million funding facility

Capital on Tap, a UK based fintech, has secured a £450m funding facility with Atalaya Capital Management, BNP Paribas, and HSBC to support their continued UK growth.

28 October 2021

Company update/people

Douglas Krikler, formerly of Investec, joins Arie Capital Group

ARIE Capital Group, the world’s first bespoke financial services and corporate digital banking platform, has today announced the appointment of Douglas Krikler as Group Director of Business Development.

21 October 2021

News/Sibos

Sibos 2021: Collaboration and discipline is required for digital asset and CBDC success

Day three of Sibos started with a future facing perspective in the form of two morning sessions covering developing and upcoming digital technologies, including as CBDCs, DeFi, and NFTs, reiterating that these areas of innovation remain hot topics of interest.

14 October 2021

Company update/sustainable

Incomlend and Fasanara Capital to provide £44.4 million ESG-focused invoice financing for SMEs

Global invoice financing marketplace, Incomlend, has partnered with European alternative asset manager, Fasanara Capital, to launch a global £44.14 million alternative financing programme for Small and Medium Enterprises (SMEs) focused on Environment Social, and Governance (ESG).

05 October 2021

Company update/people

Lending Works strengthens its team with eight leadership hires

Lending Works, the UK’s leading embedded consumer finance provider, has further strengthened its team with eight key leadership hires to lead the company’s continued expansion.

27 September 2021

Company update/wholesale

MarkeFinance scores £280 million in debt and equity

Fintech business lender MarketFinance has today announced a £280m debt and equity fundraise and its accreditation under the Recovery Loan Scheme (RLS).

23 September 2021

Company update/wholesale

Iwoca joins mmob's third party partner network

Open finance partnership platform, mmob, has today announced the addition of one of Europe’s largest small business lenders, iwoca, to its growing network of industry-leading third-party digital finance providers.

20 September 2021

News/crypto

El Salvador becomes first country to accept Bitcoin as legal tender

The central American nation today sets a world-first as it adopts the cryptocurrency for use across all goods and services – even taxes.

07 September 2021

News/wholesale

Funding Circle launches BNPL product for business loans

Small business lender Funding Circle has launched its first payment facility, FlexiPay, empowering customers with the ability to buy now pay later on any expense.

02 September 2021