Alternative finance

21 articles tagged with this keyword

/wholesale

Capital on Tap unveils £350m public securitisation facility

Capital on Tap, a leading global FinTech, today celebrated a major milestone in its mission to better serve small and medium-sized businesses with the successful launch of its second public securitisation facility, London Cards No.2.

/wholesale

Capify secures £100 million credit facility from Pollen Street Capital

Leading online SME lender Capify has today secured a £100 million credit facility from Pollen Street Capital (“Pollen Street”), an alternative asset manager dedicated to investing within financial and business services.

/startups

Latvian fintech startup inGain raises EUR 650,000

Latvian fintech startup inGain has announced that it has raised EUR 650,000 in funding from venture capital funds Trind VC and Fiedler Capital, as well as from the Latvian Business Angels network and several business angels.

/retail

Finastra launches online marketplace for retail lending

Finastra, a global provider of financial software applications and marketplaces, today announced the launch of the Solution Store, an innovative online platform that offers customers the convenience of browsing and purchasing Finastra retail lending solutions.

/startups

Isle of Man announces participants in fintech challenge

The Isle of Man Government today reveals the cohort of 16 international organisations that will take part in the Island’s biggest ever Innovation Challenge.

/startups

Fintech infrastructure startup Parafin secures $125m warehouse facility

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. (“Trinity”), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin.

/retail

Yabx and PayCliq team on merchant cash advance service in Nigeria

Yabx, a leading player in the sustainable financial inclusion space, has today announced that it is partnering with PayCliq to introduce a revolutionary merchant cash advance service in Nigeria.

/startups

Stax Payment founders launch AI-powered credit underwriting platform Worth AI

Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.

/wholesale

Levenue acquires MidFunder

Levenue, Europe’s largest revenue based financing company, has acquired MidFunder, a Zurich based FinTech that provides financing for companies with recurring revenue. The acquisition marks a strategic move to enhance its Swiss operations.

/payments

Viva.com debuts Merchant Advance financing package in Europe

Viva.com, Europe’s first technology bank for payments powering card acceptance on any device in 24 markets, has announced the launch of Merchant Advance.

/wholesale

Mollie Capital launches to provide UK merchants with fast and flexible financing

Mollie, one of the fastest growing financial services providers in Europe, today announced the UK launch of Mollie Capital – a fast and flexible way for SME merchants to access funding.

/wholesale

YouLend completes securitization deal with JPMorgan

YouLend, the leading global embedded finance platform, announces the completion of a private securitisation transaction with global financial services firm J.P. Morgan as a senior lender and Castlelake, L.P. providing subordinate debt.

/wholesale

Uncapped launches Line of Credit product

Uncapped, a trailblazing fintech company launched in 2019, is revolutionising funding for businesses seeking working capital.

/retail

Kashable closes $25.6m Series B

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, today announced a Series B capital raise of $25.6 million.

/startups

NatWest debuts Intellectual Property-based lending for high growth businesses

NatWest Group has launched a new lending proposition for high growth businesses to enable them to lever off the value of their Intellectual Property (IP).

/wholesale

Taulia adds bank of China and BNP Paribas to funder network

Taulia, a leading provider of working capital management solutions, has announced it has added the Bank of China London Branch, and BNP Paribas to its global multi-funder network.

/retail

Rapid Finance and Ramp partner to provide SMEs with faster access to capital

Rapid Finance, an industry leader helping small businesses gain access to working capital when they need it most, and Ramp, the spend management platform designed to help businesses save time and money, today announced a partnership to provide small businesses on Ramp’s platform with preferred access to Rapid Finance’s financing options.

/retail

Kroo closes £2m crowdfunding campaign

Digital bank Kroo’s first crowdfunding round closed today, having raised over £2M, exceeding its initial target by 200%. The final figures saw investment come from over 45 countries and 2,702 investors who contributed, on average over £740.

/wholesale

Triver gets £20m debt facility

SME working capital provider TRIVER has raised a further £20m to revolutionise how small businesses can access finance.

/retail

ID Finance secures €12m credit line

ID Finance, the leading Fintech in Spain and Mexico, has secured a €12 million financing deal with a listed European bank* to fund the company’s thriving consumer lending business in Spain, which stands as its primary profit driver.