821 articles tagged with this keyword
Company update/people
Swoop, the fast-growing finance platform that enables small and medium sized businesses to access funding, is spreading its wings and coming to Australia after its initial runaway success in the UK and Ireland.
23 November 2020
News/retail
European alternative investment platform Mintos has shattered crowdfunding records on Crowdcube, raising €5.3 million from nearly 5000 people in just 24 hours.
17 November 2020
Company update/Alternative finance
Commercial loan customers now have access to quicker lending decisions with secure messaging through Together’s new mobile phone app.
12 November 2020
Behalf, Inc., a provider of alternative financing and payment solutions for B2B sellers and buyers, today announced that Newegg, one of the leading tech-focused e-retailers in North America, has selected Behalf’s solution to provide flexible Net Terms* and extended financing to its business customers.
11 November 2020
ThinCats, a UK-based alternative lender to mid-sized SMEs, has partnered with Salt Edge, a leader in offering Open Banking solutions, to improve the efficiency of its upfront credit assessment and ongoing loan monitoring processes.
Upstart Holdings, Inc. (“Upstart”) announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
09 November 2020
Mintos, the leading alternative investment platform for investing in loans in Europe, is launching its first-ever crowdfunding campaign.
06 November 2020
Company update/wholesale
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £30 million commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund.
05 November 2020
Company update/payments
Paya, a leading provider of integrated payment and commerce solutions, has partnered with Artis Technologies, a provider of modern lending solutions for businesses to offer affordable, low-friction financing to their customers at the point of need.
28 October 2020
News/startups
Possible Finance, a Seattle-based digital short-term lender for people with poor credit, has been adjusting to the Covid-29 economy, raising $11 million in funding via Zoom calls and making the long-term switch to remote working.
23 October 2020
PayRay Bank has continued its planned expansion and has started operations in Latvia.
22 October 2020
Invoice finance provider, Optimum Finance, today announced that fintech expert, Anthony Persse, has taken up the role of chief executive officer, following the tragic death of its founder, Richard Pepler, earlier this year.
19 October 2020
CapitalBox, the leading online pan-European SME funding platform, today announces the acquisition of the Netherlands division of fintech company Spotcap Global as part of its own ongoing European expansion.
PayRay, a Lithuanian financial sector company, has started a new page of its business service activities.
15 October 2020
Company update/crypto
Today, Ripple launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on demand to initiate cross-border payments at scale using the digital asset XRP.
08 October 2020
Effective December 31, 2020, LendingClub will retire the Notes platform.
Leading cloud banking platform, Mambu, has announced a global partnership with New Zealand-based Ranqx, a fully featured SME loan origination and credit underwriting platform.
Today, we have announced with Seedrs that we have agreed to a merge, in a move that will accelerate our shared plan to create the world’s largest private equity marketplace and further democratise investment.
05 October 2020
News/wholesale
Online lender Capify has scored $10 million in equity funding and secured continued support from Goldman Sachs for its existing credit facilities.
01 October 2020
The primary role of a traditional bank providing financing and capital is set to be challenged further in a post COVID-19 world by non-banks, according PwC’s report, “Securing your tomorrow, today – The future of financial services,” which predicts that alternative providers of capital are set to become an even more important part of the global financial system.
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