821 articles tagged with this keyword
Company update/Alternative finance
Incomlend, a global online invoice trading platform that aims to democratize access to trade finance, has raised a US $20 million Series A round led by Sequoia India.
11 August 2020
News/retail
Metro Bank is to buy distressed P2P lender RateSetter for a bargain basement initial price of £2.5 million.
03 August 2020
News/payments
The debate about phasing out hard currency in favour of digital alternatives could be set to intensify with news that the US Mint is facing a shortage of coins due to the pandemic.
30 July 2020
Company update/wealth
In a bid to expand its product offering to the millennials, Niyo, India's leading digital banking fintech start-up, has acquired Goalwise, a new-age mutual funds investment platform.
28 July 2020
News/startups
Digital banking app Revolut has netted £63m ($80m) from US private equity firm TSG Consumer Partners in its latest funding round.
27 July 2020
Deutsche Bank AG has announced its investment in the Frankfurt-based fintech Traxpay GmbH, with both parties signing the agreements in Frankfurt this Friday.
24 July 2020
News/wholesale
Selina Finance, a London-based alternative lender which provides credit to business borrowers by unlocking the value tied up in their property, has secured £12 million in equity funding and £30 in debt lines.
23 July 2020
Company update/wholesale
FOLK2FOLK, the local lending company, announces its partnership with the institutional digital debt marketplace CrossLend as it continues to build its institutional investor-base.
Company update/payments
Unifiedpost Group — one of Europe's leading Fintech companies — has significantly strengthened its equity base by approximately 47 million euro via a share capital increase to predominantly existing shareholders and conversion of a majority of its outstanding convertible bonds in order to further achieve its international growth ambitions.
20 July 2020
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.
10 July 2020
News/regulation
Online lender SoFi has applied for a national bank charter with the US Office of the Comptroller of the Currency (OCC).
09 July 2020
Company update/retail
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.
Ping An and JPMorgan are to join a $60 million financing round in supply chain finance outfit Taulia, according to the Wall Street Journal.
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.
08 July 2020
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.
02 July 2020
News/cloud
Pipe Technologies has raised $60 million in equity and asset financing to support the growth of its SaaS financing platform.
24 June 2020
Asto Business Capital loans are now available on Funding Options as part of a new partnership with the business finance marketplace.
News/sustainable
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.
19 June 2020
Santander InnoVentures has led a $40 million Series D investment round in Upgrade, the consumer credit platform that is moving into mobile banking.
17 June 2020
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.
16 June 2020
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