Alternative finance

286 articles tagged with this keyword

/wholesale

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.

/retail

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.

/retail

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.

/wholesale

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.

/startups

Irish association calls for national fintech centre

A lobby group representing Ireland's financial services sector has called on the government to establish a physical centre for fintech firms.

/wholesale

SME lender iwoca secures £200 million finance line

SME lender iwoca has raised a new £200 million funding line from Baclays Bank and Värde Partners after reaching £2.5bn in finance lent.

/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

/crypto

Grayscale secures SEC legal win over bitcoin ETF

A US federal appeals court has sided with an asset manager in a lawsuit against the Securities and Exchange Commission (SEC) after the regulator denied an application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF).

/startups

Kenyan fintech Zanifu raises $11.2m

Kenyan startup Zanifu has raised $11.2 million in debt-equity funding for its platform providing micro, small and medium-sized businesses with inventory financing.

/crypto

Slovenia ranked as EU's most crypto-obsessed country

Slovenia has emerged as the most 'crypto-obsessed' state in Europe, according to recently published research.

/crypto

Survey suggests industry divided on CBDCs

The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.

/payments

SumUp scoops $100 million credit facility for roll out of cash advance product

London-based unicorn SumUp has picked up a $100 million credit facility from Victory Park Capital to drive the launch of a cash advance product for UK and European merchants.

/retail

Novo launches working capital product for SMEs

Novo, a provider of digital-only banking services for US small businesses, has secured a $125 million facility for the launch of a working capital product.

/startups

UK fintechs Bloom Money and SuperFi close seed rounds

Bloom Money, a UK startup offering financial services to immigrants has raised £1 million in pre-seen funding. Separately, another UK startup, SuperFi, has secured $1 million in pre-seed funding for its debt prevention platform.

/wholesale

TreasurySpring raises $29m

TreasurySpring, the London-based investment platform that helps firms unlock and protect the value of their cash assets, has raised $29 million in a Series B funding round led by Balderton Capital.

/crypto

Crypto.com gets licence in Spain

Cryptocurrency platform Crypto.com has been granted virtual asset service provider (Vasp) registration by the Bank of Spain.

/inclusion

Majority of consumers trust generative AI for financial planning

The majority (53%) of consumers trust generative AI technology to be used for its financial planning, suggests recently published research.

/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).

/retail

Spanish fintech ID Finance launches crowdfunding campaign

Spanish alternative lending platform ID Finance has launched a crowdfunding campaign, offering existing shareholders and clients as well as European retail investors the opportunity to participate in its recently closed €30 million equity round.

/security

CFPB warns consumers about non-insured payments apps

The Consumer Financial Protection Bureau (CFPB) has warned users of non-bank payment apps that their accounts are not protected by federal deposit insurance coverage.