Alternative finance

821 articles tagged with this keyword

/Alternative finance

Roostify appoints Eric Amblard CFO

Roostify, a leading digital lending platform provider, announced today that Eric Amblard has joined the company as Chief Financial Officer. Amblard comes to Roostify from EverString Technologies, where he also served as CFO.

/Alternative finance

Barclays Bank takes stake in MarketInvoice

Barclays Bank is to take a minority equity stake in online invoice financing platform MarketInvoice and roll out the service to its large SME client base.

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Judo Capital raises A$140m

Judo Capital has closed on 140 million Australian dollars ($103.9 million) in an initial equity raise. Judo, of Melbourne, is a specialist lender to the Australian SME sector. First Avenue Partners acted as placement agent for Judo.

/Alternative finance

IGF appoints Neil Kindness as asset based lending director

Independent Growth Finance (IGF), a leading independent commercial finance provider, today announces the appointment of Neil Kindness as asset based lending (ABL) Director.

/Alternative finance

Microsoft and Nationwide invest $12m in online lender BlueVine

Online business lender BlueVine has topped up its $60 million Series E funding round with an additional $12 million from the venture arms of Microsoft and FS firm Nationwide.

/Alternative finance

FCA to tighten rules for loan-based crowdfunding platforms

The Financial Conduct Authority is updating its loan-based crowdfunding rules in the face of growing complexity and poor practices since it first authorised trading in the market 18 months ago.

/Alternative finance

CloudTrade closes first invesment round, raising £2 million

CloudTrade, the leading provider of cloud-based e-invoicing, e-order and complex data capture services, has today announced the completion of its first investment round, securing a £2million injection from Calculus Capital.

/Alternative finance

Previse joins Government G-Cloud 10 framework

Previse, the global instant supplier payments decisions company, has today announced it has been accepted onto the UK Government’s G-Cloud 10 framework.

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Bitcoin cheerleader Novogratz backs crypto lending startup BlockFi

BlockFi, a startup that lets people and companies put down Bitcoin and Ether as collateral for US dollar loans, has raised $52.5 million from Galaxy Digital Ventures, a cryptocurrency and blockchain technology investment firm.

/Alternative finance

Banco BNI Europa to fund Upgrade consumer loans in US

European challenger bank Banco BNI Europa and Fintex have entered into a strategic partnership to invest in Upgrade’s consumer loans and expand access to affordable credit to consumers in the United States.

/Alternative finance

P2P lending firm Growth Street joins Starling Marketplace

Peer-to-peer business lender Growth Street is set to become the latest firm to go live on mobile bank Starling's in-app marketplace.

/Alternative finance

PayBreak secures £15 million in funding from Paragon

UK Fintech firm PayBreak has secured an additional £15m of funding with specialist banking group Paragon as part of its growth plans.

/Alternative finance

Seedrs launches AutoInvest

Today, leading equity crowdfunding platform Seedrs announces a pioneering move for the sector with the launch of its new product AutoInvest.

/Alternative finance

General Atlantic makes $250 million investment in Greensill

Greensill, a market-leading provider of working capital finance for companies globally, announced today it has received a strategic investment from General Atlantic, a leading global growth equity firm.

/Alternative finance

LendInvest and Onfido form ‘selfie’ partnership to speed up Buy-to-Let ID checks

LendInvest, the UK’s largest marketplace platform for mortgages, and Onfido, the leading identity verification provider, have announced a partnership that will further streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product.

/Alternative finance

Liberis gains first small business funding application via Open Banking

Alternative finance provider Liberis, has used Open Banking technology to increase funding access for UK small businesses; using it to process a full funding application for the first time.

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Malaysia invites applications for registration for equity crowdfunding and P2P financing

The Securities Commission Malaysia (SC) announced today that it is inviting parties interested to operate equity crowdfunding (ECF) or peer-to-peer (P2P) financing platforms to submit applications for registration with the SC.

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SimplyFi launches online crowd-investing product for SMEs with Tochka Bank

SimplyFi, a leading innovator in crowdfunding for Russian small and medium-sized enterprises (SMEs), has teamed up with Tochka Bank to offer its fast, online lending services directly to the bank’s business clients.

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BNP Paribas Asset Management joins Code Investing lending panel

CODE Investing announces that it has entered into a long term strategic partnership with BNP Paribas Asset Management (‘BNPP AM’) as part of the development of BNPP AM’s SME Alternative Financing platform.

/Alternative finance

Zopa move back into the black

Peer-to-peer lender Zopa has returned to the black on the back of strong growth in revenue and money lent out.