Alternative finance

792 articles tagged with this keyword

/Alternative finance

Joe Ahearn takes top role at Falcon Group

Falcon Group has appointed industry veteran John Ahearn as Group Vice Chairman and CEO Americas in a newly appointed position.

/startups

Santander InnoVentures invests in Latin American SME lender a55

The venture capital arm of Banco Santander has led a $5 million round in a55, an alternative lender to SMEs is Brazil and Mexico.

/covid-19

Nick Ogden: Alternative lending sector must be harnessed by UK government schemes

Involving the alternative lending sector is the key to addressing the problem of distributing government loans and other support to businesses struggling as a result of the Coronavirus lockdown, according to the founder of ClearBank and RTGS Global Nick Ogden.

/startups

SME lending platform Validus raises funds for push into Thailand

Singapore-based SME financing platform Validus has raised over US$14 million, with US$20 million in committed capital, in an ongoing Series B+ financing round.

/payments

RateSetter slashes interest payouts as P2P lenders rush for cover

The UK's biggest P2P lender RateSetter has slashed the interest rate paid to investors by 50% as it prepares for a wave of defaults under Covid-19.

/payments

P2P lender Lendwise to donate one percent of all deposits to NHS Charities Together

Lendwise, a Peer-to-Peer (P2P) lender authorised by the FCA, has today announced a new charity initiative with NHS Charities Together, a membership organisation which supports NHS staff and volunteers caring for Covid-19 patients.

/people

Singapore fintech Finaxar strengthens leadership team

Singapore-based Finaxar today announced that it has made several key senior appointments, strengthening its leadership team as it eyes regional growth.

/payments

Santander seals deal for 50.1% stake in ebury

Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities.

/payments

Revenue finance startup Just Capital pledges £20 million funding for online businesses

A new revenue finance company has pledged £20m of funding for online business by the end of 2020.

/sustainable

Antony Jenkins on sustainability: ‘You can’t please everyone’

In conversation with Finextra TV, Antony Jenkins, founder and executive chairman of 10x Future Technologies and former Barclays CEO, highlights that the single most important factor in the push toward sustainability is transparency.

/retail

Fitch warns Covid-19 payment holidays to hit non-bank lenders' liquidity

Payment moratoria will weaken European non-bank lenders' operating cash flows in the short term but the ultimate impact on liquidity will depend on the speed and scope of payment holiday applications, Fitch Ratings says.

/inclusion

Covid-19 is a call to action for regulators to boost financial inclusion

Speaking at Innovate Finance’s virtual panel for UK Fintech Week 2020, Alicia Levine, COO, Chipper Cash, believes that now is the time for regulators to step up and provide fintech companies with a clear path toward regulated activity.

/payments

Taulia launches Rapid Start Invoicing to help businesses impacted by Covid-19

Taulia, the leader in working capital technology solutions, has today announced the launch of Rapid Start Invoicing, a solution to support businesses affected by COVID-19.

/payments

Previse raises $11 million to help businesses get paid faster

Invoice financing platform Previse has raised $11 million in a funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech.

/sustainable

BofA global environmental exec: Addressing climate change goes beyond business-as-usual

Alex Liftman, global environmental executive, Bank of America (BofA), believes “significantly accelerating progress on addressing big global issues like climate change requires going beyond business-as-usual financing to find innovative approaches that can help attract a larger share of capital from a broader set of investors.”

/payments

Billhop collaborates with Visa to improve working capital for Irish businesses

Billhop (billhop.com/ie) has launched a collaboration with Visa in Ireland to enable businesses to pay their suppliers using card, regardless of whether the supplier accepts card payments.

/retail

Fablious launches online alternative finance community

As of today, Fablious launches its new online Alternative Finance Community for the UK market.

/regulation

Finturi wins approval for launch of invoice finance platform in the Netherlands

The Netherlands is a very strong market for invoice finance. More and more entrepreneurs in the Netherlands are using alternate financing options.

/covid-19

SMB lender Kabbage cuts off credit lines

American online lender Kabbage has begun suspending credit lines to its small business clients without notice, according to Bloomberg.

/sustainable

Bunq CEO: Covid-19 no threat to appetite for sustainability

Continuing pressure caused by Covid-19 has not put a dampener on bunq’s green-minded users, as 81% of the Dutch challenger's online community have pushed for a 'SuperGreen' commitment to plant trees for every EUR100 spent with any bunq card.