Alternative finance

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Stripe launches payment and financing tools in the UK

Stripe is strengthening its position in the UK, opening a flagship London office in the heart of the City and launching its first Open-Banking-powered payment method and new financing options for small businesses.


Barclays invests in Funding Xchange

Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.


David Birch confirmed as EBAday 2024 challenge speaker

Exploring digital money, digital assets, digital identity and the future of banking, David G. W. Birch has been confirmed as the keynote speaker for one of the most compelling sessions at EBAday every year.


ZA Bank launches services for stablecoin issuers

ZA Bank has launched banking services for stablecoin issuers, in part of their ‘Banking for Web3’ initiative.


ZayZoon raises $15m for earned wage access platform

ZayZoon, an earned wage access provider for SMEs has raised $15 million in a Series B extension led by Viola Fintech.


Wayflyer moves into brick-and-mortar segment

Cash advance platform Wayflyer is to expand its offering beyond online-only businesses to support brands that sell into brick-and-mortar retail channels.


SC Ventures launches supply chain financing marketplace for Ghanaian MSMEs

Standard Chartered's innovation and investment arm SC Ventures is launching a B2B online marketplace offering small firms in Ghana access to financing options.


Amazon and SellersFi partner to offer sellers credit lines

Amazon is teaming up with SellersFi to offer sellers on its platform credit lines of up to $10 million.


Citi partners LuminArx on private lending venture

Citi is teaming up with alternative investment manager LuminArx Capital to launch a private lending vehicle for companies.