Alternative finance

893 articles tagged with this keyword

/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.

/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.

/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.

/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.

/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.

/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).

/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.

/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).

/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.

/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.

/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.

/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

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/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.