Alternative finance

821 articles tagged with this keyword

/Alternative finance

Newchip closes $2m seed funding round

Newchip is announcing today that its marketplace has exceeded 50,000 individual users, and the company has closed its $2 million seed funding round. Newchip welcomes institutional investments from fintech specialists JadeValue Fintech, Yeoman’s Capital, Spunik ATX, Youbi Capital, and Polymath.

/Alternative finance

SocGen buys renewable energy crowdfunding platform

Societe Generale has acquired Lumo, a French crowdfunding platform for renewable energy projects. Financial terms of the deal were not disclosed.

/Alternative finance

Ireland's Linked Finances secures EUR50 million from Banco BNI Europa for lending to SMEs

Linked Finance, Ireland’s leading Market place lending platform, has secured backing from one of Portugal’s fastest growing bank, Banco BNI Europa, who will deploy up to €50m over a 2-year period, to lend to Irish SMEs.

/Alternative finance

BNP Paribas selects Link Asset Services as debt servicer for new SME alternative finance platform

BNP Paribas Asset Management (BNPP AM) has appointed Link Asset Services as the debt servicer for its new SME Alternative Financing platform.

/Alternative finance

Collaboration in financial services is key in Latin America

Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.

/Alternative finance

Online lender Fellow Finance expands to Sweden

Fellow Finance launches a new channel for personal financing to Swedish customers and simultaneously an opportunity for its investors to start investing in Swedish consumer loans.

/Alternative finance

RBC unveils $3.2bn tech budget in digital push

Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.

/Alternative finance

Opendoor closes $325m Series E round

Opendoor, an online real estate marketplace that radically simplifies home buying and selling, announced the closing of its $325M Series E funding round.

/Alternative finance

Equiniti Riskfactor joins forces with efcom in new German partnership

Equiniti Riskfactor is pleased to announce its first international partnership working with efcom, a specialist factoring software provider, which helps lenders to streamline data processing across their factoring business.

/Alternative finance

Rija Javed joins MarketInvoice as CTO

Fintech start-up MarketInvoice has appointed Rija Javed as its Chief Technology Officer (CTO) as the company looks to invest heavily into its technology. Rija Javed joins from Wealthfront, a leading Silicon Valley based start-up.

/Alternative finance

BlueVine raises $60m

BlueVine, an online startup that provides working capital to small businesses, has raised $60 million in a Series E funding round led by Menlo Ventures and joined by Silicon Valley Bank.

/Alternative finance

Saxo Payments rolls out SME financing service

Whether it's a short-term loan to cover the purchase of new equipment or a longer-term arrangement to help expand into new markets, businesses - small and large - need cash. But, following the financial crisis, mainstream lenders appear to remain nervous, leaving SMEs with limited options for financing.

/Alternative finance

ING flexes fintech muscles

With Money20/20 about to open in Amsterdam, local bank ING is showing its innovation chops with a slew of announcements around SME financing, fintech investments and smart money management.

/Alternative finance

Intesa Sanpaolo collaborates with OurCrowd for funding SMEs and startups

Intesa Sanpaolo Innovation Center, subsidiary of the Intesa Sanpaolo Group that promotes innovation development processes and plans, and OurCrowd, a world leader in equity crowdfunding and a fast-growing Venture Capital platform, announced today that it has signed a Memorandum of Understanding with the aim to promote startup access to international capital markets.

/Alternative finance

Bricknode and Lendytech unite under Untie Group banner

Untie Group is the name of a new fin tech corporation, the latest addition to Skövde’s tech fauna.

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There are some things you just can't do with an app

Ian Rand CEO of Barclays Business banking extols the virtues of relationship banking as digital competition heats up.

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LendingPoint scores $600m financing deal

LendingPoint, the company working to revolutionize access to consumer credit, today announced it has closed an up to $600 million, committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners.

/Alternative finance

Palette Software acquires cloud company Centsoft

Palette Software, a market-leading vendor for financial process automation, has today announced the acquisition of software-as-a-service (SaaS) invoice automation specialist Centsoft.

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UK businesses secure £625 million in alternative finance from PayPal

Today PayPal reveals that more small businesses than ever before are turning to its small business finance product, PayPal Working Capital, to access flexible funding.

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NatWest outlines plans to grow digital lending offshoot Esme

NatWest has outlined plans to scale and grow its digital lending platform Esme Loans following a successful pilot phase.