Alternative finance

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Liberis to extend small business financing to 10 European countries through myPOS partnership

Liberis, the leading global embedded finance platform, announced a partnership today with myPOS, award-winning fintech platform and payment service provider to European SMEs.

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Rapid Finance integrates with Q2 digital banking platform

Rapid Finance, a leading small business financing platform specializing in providing customized solutions, today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace.

/regulation

Saudi Central Bank authorises fintechs to practice open banking

The Saudi Central Bank (SAMA) announces the authorization of “Seen Square Fintech” and “New Technology for Software Solutions” to practice open banking activities, and “Money Moon” to practice peer-to-peer financing activities, to operate under the legislative sandbox.

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Twisto founder joins Malcom Finance

Malcom Finance (formerly 4Trans), a leading fintech company specialising in financial services for supply chain and logistics SMEs, has appointed the founder of Twisto as a Non-Executive Director.

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Lemon accesses alternative data from Wiserfunding for credit risk assessment

British FinTech, Lemon, which specialises in SaaS finance for SMB’s has announced a strategic partnership with WiserFunding, a leader in alternative data for credit risk assessment.

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Liberis to provide flexible funding to SMEs with Sezzle Capital

Liberis, one of the leading global embedded finance platforms, is partnering with Sezzle, a leading Buy Now, Pay Later platform, to promote Sezzle Capital, offering small to medium-sized businesses in the United States funding without giving up equity.

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Pakistan's PostEx lands $7.3 million Series A

PostEx (“the Company”), one of Pakistan’s leading fintechs, announces a US$7.3 million pre-Series A funding round.

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Dun & Bradstreet’s small business customers can now apply to open a Lili business checking account

Lili, the financial platform designed for small businesses, today announced a strategic collaboration with Dun & Bradstreet, a global leader in business decisioning data and analytics, to enhance the next generation of business banking.

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AND Solutions to deliver AI-based document processing and credit scoring to Esquire Finance

Leading fintech company AND Global’s subsidiary, AND Solutions, has today announced a new partnership with Esquire Financing Inc., a Philippines-based non-bank financial institution that specializes in providing business loans to SMEs.

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Mbanq BaaS platform integrates with credit decisioning tech from SMEApprove

Global banking technology and Banking-as-a-Service (BaaS) provider, Mbanq, announces its partnership with SMEApprove, a leading provider of Credit Decisioning-as-a-Service (CDaaS) to organizations that lend to the small and medium-sized enterprise (SME) sector.

Tally, a credit card debt fintech last valued at $855 million, shuts up shop

/retail

Tally, a credit card debt fintech last valued at $855 million, shuts up shop

Credit card debt payoff platfom Tally is shutting down after a nine-year timeframe that saw it raise $172 million in venture funding.

/payments

Payd integrates with Stenn working capital platform

Stenn, the leading working capital digital platform, has partnered with Payyd, an expert in dynamic payments technology, to help power growth for Indian exporters.

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Stenn partners Payyd on invoice financing for India’s exporters

Stenn, the leading working capital digital platform, has partnered with Payyd, an expert in dynamic payments technology, to help power growth for Indian exporters.

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Numerated adopts Validis acccounting data

Numerated, a leading fintech providing modular commercial lending solutions, is excited to announce a strategic partnership with on-demand accounting data provider Validis.

Egyptian lending marketplace Qardy secures pre-Seed investment

/startups

Egyptian lending marketplace Qardy secures pre-Seed investment

Qardy, the operator of a digital lending marketplace in Egypt and the Mena regions, has secured a $7-figure pre-Seed round of investment with participation from White Field Ventures and Vastly Valuable Ventures.

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ThinCats secures £75m mezzanine facility

A leading alternative lender, ThinCats secures £75m mezzanine facility from CPPIB Credit Investments Inc, a subsidiary of Canada Pension Plan Investment Board (CPP Investments), unlocking additional capital to support the UK mid-sized SMEs.

/payments

Judopay adds Cashflows Advance to platform

Cashflows, the platform that makes it easy for merchants to accept payments, has today announced that its flexible, fixed-fee business funding solution, Cashflows Advance, has been added to the payments platform provider Judopay’s offering.

/Alternative finance

Network International and Biz2X form embedded financing agreement

Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, and Biz2X, a global technology and financing fintech in the U.S., India and Australia with over $10 billion USD funded through its digital lending platform, today announced a new SME financing partnership.

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Liberis moves into the German market with Nexi

The Liberis Group, one of the leading global embedded finance platforms, announced their launch into the German market through Liberis Debt Fund GmbH & Co. KG represented by Liberis Debt Fund Management GmbH with Nexi, the leading PayTech company in the European market.

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Alternative lender Finbee Verslui raises €35 million investment

European investor Pollen Street Capital invests 35 million EUR in alternative lender Finbee Verslui.

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