Alternative finance

285 articles tagged with this keyword

/regulation

BVI survey attempts to woo cross-border fintechs

Fintech’s international expansion plans are being thwarted by a fragmented regulatory landscape, according to recently published research designed to promote the role of international finance centres (IFCs).

/payments

Australians embrace digital banking as digital wallet use surges

Australian consumers are adopting digital banking services in increasing numbers with 99.3% of transactions taking place over digital channels, including A$160bn in payments made via mobile wallets.

/startups

Banxware co-founder launches credit infrastructure platform

Berlin-based startup Credibur has secured $2.2 million in pre-seed funding to launch its credit infrastructure platform.

/crypto

Wall Street names announce stablecoin plans

Two of the biggest names on Wall Street are seemingly about to enter the stablecoin market based on comments made by their senior executives.

/inclusion

Binance launches Sharia Earn, an Islamic banking-aligned token

Global blockchain platform Binance has launched a Sharia-compliant multi-token in alignment with Islamic principles to promote inclusivity in crypto-trading.

/devops

CBDC pilot projects seeing adoption in Ghana and Thailand – Giesecke + Devrient

Raoul Herborg, managing director, central bank digital currency (CBDC) solutions at Giesecke and Devrient (G+D) spoke to Finextra on their release of a recent survey on CBDC progress worldwide, and what we can expect from CBDCs in the coming years.

/retail

South African fintech Lesaka to buy Bank Zero

Lesaka Technologies, the South African fintech firm formerly known as , is set to buy South African digital-only institution Bank Zero Mutual Bank in a deal worth R1.1bn (US$62m).

/people

Fundbox acquihires Vaya founders

Fundbox has bolstered its embedded capital infrastructure for small businesses by acquihiring the founders of Vaya Technologies.

/crypto

Keeta, Solo partner on blockchain-native credit bureau

Keeta Network, a high-performance blockchain that connects Web3 and traditional financial systems, aims to be a real-world tokenisation and financial interoperability frontrunner by working with Solo. Solo turns data into reusable, verified credentials, enabling banks, fintech firms and cryptocurrency platforms to make smarter, faster decisions, without compromising privacy.

/startups

OatFi raises $24m to build credit network for B2B payments

Fintech infrastructure startup OatFi has raised $24 million in Series A funding to build a credit network for business-to-business payments.

/startups

Fintechs enter new stage of profitability - report

The global fintech has enetered a new chapter defined by a rise in profitability and the emergence of scaled fintech and an "intensified focus on profitable growth".

/retail

UK fintech Tide eyes unicorn status

Tide, the UK-based business banking fintech, is reportedly in talks about a funding deal that would make it the UK's next unicorn.

/payments

Monzo surpasses £1bn revenue milestone

UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.

/wealth

Citi and SDX announce digital assets plan for private markets

Citi has teamed up with Swiss post-trade group SDX in a bid to develop tokenisation for private market assets.

/inclusion

Robinhood to bring tokenisation to Europe

US-based stock trading app Robinhood is planning to expand its European presence by offering investors in the region access to tokenised US securities.

/startups

Juice raises £25m for founder-focused lending platform

Juice, a UK-based alternative lending platform for digital founders, has raised £25 million in funding.

/retail

Egypt's MoneyFellows raises $13m for digital money circles

Egyptian fintech Money Fellows has raised $13 million for its mobile-based platform for money circles - where a group of people put funds into a pot for a specific period so that they can save and borrow together.

/payments

Tide rolls out B2B BNPL product on £100 million debt raise

Tide is to roll out a BNPL pay-in-four credit product to all elgible clients after securing a £100 million debt facility from Fansanara Capital.

/payments

Smarter, faster, still relevant: Experts weigh future of US payment systems

Nacha’s Smarter Faster Payments conference in New Orleans highlighted the growing momentum behind real-time payments, emphasising their transformative potential across commercial and technological verticals. Yet, amid this digital shift, sessions also acknowledged the enduring relevance of traditional rails like wire transfers, ACH, and even cheques - each facing its own modernisation challenges.

/retail

Fiserv to buy Brazilian fintech Money Money

Fiserv has agreed a deal to by Money Money, a Brazilian fintech providing working capital to small businesses. Financial terms were not disclosed.