821 articles tagged with this keyword
Company update/cloud
Provenir supports independent business lender White Oak with cloud-based risk analytics platform to power its business lending credit decisioning process.
01 October 2020
Company update/Alternative finance
Funding Societies, the largest digital financing platform in Southeast Asia, and Razer Fintech, the fintech arm of Razer and a leading offline-to-online (O2O) digital payment network, have jointly announced their partnership to offer short-term business financing to merchants under Razer Merchant Services (RMS).
29 September 2020
Company update/crypto
Gemini today announced it is expanding fully into the United Kingdom (UK), providing individuals and institutions with simple, reliable, and secure cryptocurrency exchange and custody services in pounds sterling (GBP).
24 September 2020
Company update/retail
Fintech business lender MarketFinance has been awarded a £10m grant from the Capability and Innovation Fund (CIF), announced today by Banking Competition Remedies Ltd (BCR). The grant will be used to bring more choice and competition to the business lending industry
23 September 2020
News/startups
Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.
Company update/covid-19
ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform[1], have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity.
Collaborative financing platform mozzeno raised € 3,000,000 from its existing and new shareholders.
Company update/inclusion
Scale-up FinTech TotallyMoney has launched a new and exclusive app-only feature to help their three million customers gain a greater understanding of their borrowing behaviour and make better financial decisions.
22 September 2020
News/crypto
The growing number of startups offering crypto investment services will be buoyed by news that institutional investors are set to increase the amount of capital they spend on crypto assets.
News/inclusion
As part of its accelerated innovation mission and open cloud platform strategy, Finastra has set forth a plan to support nine million lives around the world and focus on resolving the SME funding gap, inequality in financial services and financial exclusion.
News/wholesale
Amsterdam-based fintech Factris has concluded a €5 million Series-A equity funding round led by AB Ventures, the corporate venture capital arm of the Arab Bank.
16 September 2020
Company update/payments
Fintech company Factris has closed a new EUR 50m secured financing agreement with asset manager NN Investment Partners (NN IP).
10 September 2020
BlueVine, the leading provider of small business banking, today announced it has secured a $75 million revolving credit facility from funds managed by Atalaya Capital Management, a private credit and special opportunities investment manager based in New York.
09 September 2020
Fintech business lender MarketFinance has secured an additional £50m from one of Israel’s largest asset managers, Viola Credit, to lend to UK SMEs under the HM Treasury and British Business Bank CBILS initiative.
07 September 2020
News/retail
German peer-to-peer lender auxmoney has raised a mammoth €150 million in growth capital in an investment round led by Centrebridge Partners.
03 September 2020
News/sustainable
The UN Secretary-General’s Task Force on Digital Finance has today launched an Action Agenda that justifies how harnessing digitalisation can empower citizens to be in control of their finances. This will in turn ultimately align with the needs collectively manifested in the Sustainable Development Goals (SDGs).
26 August 2020
According to the Green Digital Finance Alliance (GDFA), by introducing nudging and incentives on digital platforms, there is potential for substantial behavioural change among digitally-savvy consumers. This can act as a springboard for scalable global climate change mitigation and reduce 8.6% of emissions from public transport.
iwoca, one of Europe’s largest small business lenders, has secured funding via the government Future Fund scheme.
24 August 2020
Company update/wholesale
Envoy Group has appointed three new advisors to its team as it approaches the pilot phase of its trade finance platform and the launch of the NVOY token. Each advisor comes from the world of commercial banking or a Fortune 100 company, bringing valuable experience and energy with them.
17 August 2020
While the fintech industry is still evolving, the evidence so far indicates that it has a key role to play in financial inclusion, according to Ana Fiorella Carvajal, lead financial sector expert at World Bank. This role comprises not just the provision of basic services, such as payments mechanisms, but more recently also the provision of financing to consumers and SMEs.
13 August 2020
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.