Alternative finance

821 articles tagged with this keyword

/wholesale

Bibby Financial Services and Coface ally to secure Irish SME funding

Bibby Financial Services, a leading provider of financial support and funding solutions to Irish SMEs, and Coface, a global leader in trade credit insurance, have joined forces in a new collaboration to help SME’s in Ireland access securely structured funding solutions while also ensuring they are protected against potential lost revenue.

/wholesale

Visa and Froda unveil push-payments for SME business loan market

Access to financing has long been a major hurdle for businesses eyeing growth. Against this backdrop, Visa, Froda and Lunar are announcing a global partnership and launching a new, innovative technology aimed at resolving these issues – for good.

/retail

London fintech kennek raises $4.5 million pre-seed funding

London-based fintech firm kennek has raised a $4.5 million pre-seed funding round.

/retail

Salad Money secures £40m debt facility to get credit to public sector workers

Social purpose fintech Salad Money will serve rocketing demand for affordable credit from NHS and public sector workers thanks to a new senior debt facility of up to £40m with a US-based credit fund.

/Alternative finance

iwoca hits net profitability; increases funding line

The total number of customers funded across the UK and Germany - including all products and repeat customers - grew by over 50% in 2022 vs 2021. iwoca funded 15,429 businesses in 2022, an increase of 54% from 2021.

/wholesale

South African digital lender Lulalend scores $35 million Series B

Lulalend, the South Africa-based digital lender catering to underserved small and medium-sized enterprises (SMEs), has finalised a transformational $35 million (R600 million) Series B funding round.

/wholesale

Liberis secures €30 million in debt financing from Silicon Valley Bank

Embedded business finance platform Liberis has secured €30 million in debt funding from Silicon Valley Bank to expand into Germany and Poland and the Nordics.

/payments

HES Fintech selects Acquired.com for expansion across the UK

HES Fintech, a leading provider of intelligent lending platforms has today announced a partnership with Acquired.com, a UK payments specialist and payment initiation service provider, through which lenders using HES’ technology will be able to leverage a sophisticated payment solution designed to enable the rapid disbursement of loans and seamless borrower-centric collection methods.

/wholesale

Northern Arc Capital ships NuScore for microfinance companies

Northern Arc Capital, one of India’s leading diversified financial services companies today launched Nu Score, a proprietary credit scoring solution.

/wholesale

Kyriba releases receivables finance module

Kyriba, the global leader in cloud-based financial and IT solutions, has today announced the launch of Kyriba Receivables Finance.

/wholesale

Novicap secures €200 million debt facility from Fasanara Capital

Novicap – the European fintech providing end-to-end working capital solutions – is today announcing it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital.

/startups

Digital finance platform Tapline comes out of stealth with funding

Tapline, a digital finance platform allowing SaaS companies to trade their future revenues for upfront and non-dilutive cash, has secured pre-seed funding of €31.7 million in equity and debt.

/payments

Svea Bank acquires Arex fintech operations in Finland

AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get paid quicker, has announced the sale of its Finland operations to Swedish payment and financing institution Svea Bank.

/wholesale

Tide acquires Funding Options

Business banking platform Tide has made its first acquisition, scooping up SME credit marketplace Funding Options.

/retail

Plum ranked as fastest growing UK fintech - Deloitte

Smart money app Plum today announces that it ranked no.1 among fintechs and no.5 overall in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK.

/people

Freedom Finance appoints Paul Bevis as head of growth

Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, has appointed Paul Bevis as Head of Growth.

/wholesale

Berg Money to roll out Iwoca's Flexi-loan product to customer base

Berg Money, the UK payments provider, announced today that it will work with small business lender, iwoca, to roll out their Flexi-loan product to Berg Money’s customer base.

/retail

Digital lender Yabx enters Nigeria market

Plans to introduce new age fintech solutions around digital lending in the country; Will help banks to launch new and innovative products for new-to-credit segment like Buy Now Pay Later, Personal Loans, Payday loans, MSME loans etc.

/wholesale

Capchase lands in Germany

Capchase, the leading provider of non-dilutive capital for SaaS companies, today announced its entry into Germany.

/retail

Amazon launches merchant cash advancement programme

Amazon has joined forces with Parafin to launch a merchant cash advance service that ties repayment to future sales.