Alternative finance

913 articles tagged with this keyword

/retail

HSBC claims hyper-personalised banking will be driven by digital ID

A new report from HSBC reveals that the traditional products-based approach in retail banking will be replaced by hyper-personalised services, where customer personal data will be collated to form a central digital ID.

/Alternative finance

AltPay extends reach through Onpex

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with UK-based regulated eMoney institution (EMI), AltPay.

/startups

ID Finance raises £4.4m on Crowdcube

ID Finance, a digital lending platform that uses smart credit scoring technology to target the underbanked in Spain and Latin America, has raised a record £4.4 million on Crowdcube.

/Alternative finance

Marketplace lender Become raises $12.5 million

Israel fintech Become has raised $12.5 million in Series A funding to help propel its mission to become the 'Expedia for business loans'.

/startups

Seedrs to offer trending news on crowdfunding firms with CityFalcon

Today, leading private equity investment platform Seedrs announces a new partnership with CityFALCON, a provider of professional-grade market intelligence, in tandem with launching new sector pages as it continues revolutionising how investors access and engage with the early-stage asset class.

/Alternative finance

Business lending platform Trade Ledger raises £1.5 million

Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate revenue growth.

/Alternative finance

Money 20/20: Banks can be creepy, as long as they personalise services

John Thomas, head of enterprise, innovation & strategic business architecture at TD Bank showcases his expertise on how to leverage data to synthesise the customer experience while at the same time, remaining hyper-relevant in the banking sector at Money 20/20 USA in Las Vegas.

/inclusion

Koyo raises £3.8m for Open Banking loan platform

UK open banking-powered online lender, Koyo, is set to launch later in the year following a £3.8m ($4.9m) raise in debt and equity funding.

/Alternative finance

Greensill lands $655 million investment; acquires UK fintech FreeUp

Greensill, a UK-based supplier of alternative supply chain finance, has secured a $655 million follow-on investment from SoftBank Vision Fund.

/Alternative finance

MarketInvoice creates new business to support larger corporates

Business finance company MarketInvoice, has launched a new specialist team to provide finance facilities for Britain’s larger businesses.

/payments

Kabbage moves into payments processing

Kabbage, Inc., a data and technology company providing small businesses cash flow solutions, announced the general availability of Kabbage Payments to its customers, a new payment-processing solution for small businesses that makes getting paid faster as simple as sending a text message.

/retail

UK P2P lender FundingSecure goes into administration

UK peer-to-peer lending platform FundingSecure has been placed into administration, according to the Financial Conduct Authority.

/retail

Metro Bank boosts SME offering with new fintech partnerships

UK challenger Metro Bank is beefing up its offering for business customers through a trio of fintech partnerships.

/payments

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

At EBAday 2019, hosted by Finextra in association with the EBA, it was revealed that 81% of banking executives would collaborate with partners to execute digital transformation most effectively.

/regulation

Revolut selects Bearingpoint Regtech to manage regulatory requirements

BearingPoint RegTech, a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech), welcomes the UK-based financial technology company Revolut as a new customer for its Abacus360 Banking solution. Revolut will be using Abacus360 Banking for EBA and AnaCredit reporting.

/Alternative finance

Tide rolls out credit product

UK business banking platform Tide has launched a subsidiary company, dubbed Tide Capital, that will offer instant transactional credit lines to pre-approved applicants.

/startups

Fintech Sempli secures 8mn USD in series A raise

Sempli, the leading online lending platform for small businesses in Colombia, has secured a USD 8 million Series A round led by Oikocredit and Incofin CVSO.

/Alternative finance

B2B network Fundbox raises $176 million

B2B payments and credit network Fundbox has raised $176 million in growth equity funding for its Series C round.

/Alternative finance

Surecomp appoints Eyal Hareuveny as new CEO

Surecomp, the global trade finance fintech leader, made several top-level management organisational announcements today.

/Alternative finance

MatchMove acquires strategic stake in local digital lender MoolahSense

MatchMove, the award winning ‘Bank-As-A-Service’ platform has closed an agreement with licensed P2P lender, MoolahSense, to acquire a strategic stake with immediate effect.