Alternative finance

792 articles tagged with this keyword

/payments

Nomo offers advanced invoice collection service

Nomo, the fintech web and app platform that integrates financial services and business management tools for the self-employed and freelancers, has introduced a new feature with which self-employed workers can bring forward collection of their invoices pending payment.

/regulation

SoFi applies for bank charter

Online lender SoFi has applied for a national bank charter with the US Office of the Comptroller of the Currency (OCC).

/retail

Finpoint enlists CRIF Realtime to fast-track lending process for SMEs

CRIF Realtime Ltd, a leader in credit risk management, and Finpoint Limited, the UK’s trusted business finance platform, have agreed a partnership to support SMEs seeking access to finance.

/payments

Ping An and JPMorgan to join $60 million round in Taulia

Ping An and JPMorgan are to join a $60 million financing round in supply chain finance outfit Taulia, according to the Wall Street Journal.

/startups

Wagestream raises £20m for income streaming service

Wagestream, a UK startup that lets customers draw down their 'earned income' at any time during the pay cycle, has raised £20 million in a Series B funding round led by Northzone.

/startups

Defining fintech to better understand the changing ecosystem under Covid-19

When discussing the amorphous nature of fintech, Tania Ziegler, the CCAF’s Global Benchmarking lead was struck by how ‘fintech’ is increasingly used as an all-encompassing term, describing a diverse range of organisations that all have financial technology at the centre of their operations and agenda.

/cloud

Pipe raises funds for SaaS subscription financing platform

Pipe Technologies has raised $60 million in equity and asset financing to support the growth of its SaaS financing platform.

/wholesale

Asto and Funding Options team up to offer flexible loans to small businesses

Asto Business Capital loans are now available on Funding Options as part of a new partnership with the business finance marketplace.

/sustainable

Integrating ESG into capital allocation and investment strategy is ‘simply good investing’

With wildfires, the Covid-19 pandemic, the strengthening Black Lives Matter movement and the Yemen crisis dominating headlines in 2020, the sustainable investing space has seen demand despite the IMF’s projection that global growth will fall by 3% this year, resulting in the worst recession since the Great Depression and consequences far worse than the global financial crisis.

/retail

Santander invests in alternative lender Upgrade

Santander InnoVentures has led a $40 million Series D investment round in Upgrade, the consumer credit platform that is moving into mobile banking.

/retail

Greensill buys Omni for Latin America push

Greensill, a UK-based supplier of alternative supply chain finance, is targeting the Latin American market following the acquisition of Colombian SME digital lender Omni.

/regulation

Equiniti to provide KYC service for the invoice finance industry

Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce that it is now able to provide an enhanced Know-Your-Customer (“KYC”) service for asset based and invoice finance lenders.

/startups

CCAF, World Bank, World Economic Forum launch survey to research fintech’s role post-Covid-19

Targeting 15,000 fintech firms worldwide, the Cambridge Centre for Alternative Finance (CCAF) announced it has partnered with the World Bank Group and the World Economic Forum to survey industry players and compile data about Covid-19’s impact on the marketplace.

/startups

CCAF, World Bank and the World Economic Forum investigate Covid-19's impact on global fintech

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.

/covid-19

Metro Bank in talks to buy P2P lender RateSetter

Metro Bank has confirmed that it is in exclusive talks to buy the UK's biggest P2P lender RateSetter.

/people

SME financing platform Swoop hires George Htin-Kyaw as CTO

Swoop, the innovative technology-based finance platform for businesses, has appointed George Htin-Kyaw as Chief Technology Officer.

/retail

Built for Mars’ Peter Ramsay: HSBC needs Tom Blomfield-like figure to truly transform UX

Built for Mars’ Peter Ramsay has released the fourth instalment of the now sought-after ‘UX for banking’ series where he reviews 12 UK-based banks and reveals whether the experience of opening an account, making a payment or freezing a card is slicker and quicker when banking with the digital challengers.

/wholesale

Invoice finance platform Dancerace to embed credit insurance from Nimbla

Credit insurers Nimbla and ABL operating system Dancerace have partnered to increase SMEs’ access to credit insurance when they apply for invoice finance.

/startups

MUFG invests in POS financing platform ChargeAfter

US multi-lender Point-of-Sale financing platform ChargeAfter has secured an investment from the venture capital arm of Japanese financial services giant MUFG.

/crypto

Swiss crypto firm launches university courses

Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.