Alternative finance

285 articles tagged with this keyword

/startups

India's EarlySalary raises $110m

Indian lending fintech EarlySalary has raised $110 million in a Series D funding round led by TPG’s The Rise Fund and Norwest Venture Partners.

/wealth

Asset manager launches metaverse fund

Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.

/startups

Startup finance platform Arc raises $20 million

San francisco-based startup finance platform Arc has raised $20 million in a funding round led by Left Lane Capital.

/regulation

UK to regulate stablecoins as part of Finance bill

Fintechs and crypto asset providers have welcomed the UK government’s decision to bring stablecoins into regulatory scope as part of the recently published Financial Services and Markets Bill.

/startups

Fintech valuations fall by half a trillion

Nearly half a trillion dollars has been wiped off the valuation of fintech firms so far this year when their current value is compared to their peak valuation, according to CB Insights.

/crypto

Coinbase gets crypto service provider approval in Italy

Crypto firm Coinbase has been granted approval by Italy's financial regulator to operate as a crypto assets service provider.

/payments

B2B BNPL startup Playter raises $55 million

UK-based B2B buy now, pay later startup Playter has closed on a $55 million debt and equity round from the backers of Klarna, SoFi and Pipe.

/payments

Lloyds Bank to provide invoice financing to Sage customers

Lloyds Bank is partnering with Sage and Satago to offer instant financing to Sage customers based on the value of unpiad invoices.

/wholesale

Barclaycard rolls out cash advance product provided by Liberis

UK alternative finance provider Liberis has formed a deal with Barclaycard to offer revenue-based financing to the acquirer's small business customers.

/startups

Revenue-based financing startup Bloom raises £300 million

Revenue-based business finance provider Bloom has secured £300 million in a funding round led by Credo Capital Partners and funds managed by Fortress Investment Group

/wholesale

MarketFinance scores debt facility from Deutsche Bank to expand SME lending

Digital lender MarketFinance has raised debt financing from Deutsche Bank to support £100m of new lending to UK SMEs, sole traders and partnerships.

/retail

Point raises $115m for home equity platform

Point, a US outfit that provides homeowners access to equity financing in exchange for a fractional share of the future value of their property, has secured $115 million in a Series C round led by WestCap.

/payments

Square Loans launches in Canada

Square is bringing its lending programme for small businesses clients to Canada.

/startups

Outfund raises £15 million to expand in crowded revenue-based finance market

Revenue-based finance provider Outfund has closed a £115M Series A round of equity capital and debt, joining the growing ranks of firms vying for company business across Europe.

/wholesale

Citi invests in SME finance platform Crowdz

Citi has led a $10 million funding round for Crowdz as part of a wider collaboration with the SME finance platform to develop SaaS receivables as an asset class.

/wholesale

British fintech Stenn valued at $900 million in debut external equity investment

Stenn, a digital financing platform for SMEs, has closed a $50 million equity funding round with US investor Centerbridge, at a $900 million valuation.

/startups

Business financing platform re:cap raises $15 million

Re:cap, a Berlin-based digital funding platform that enables institutional investors to invest in the recurring revenue streams of companies, has extended its seed funding round to $15 million with support from Abu Dhabi's Mubadal capital.

/payments

Qred moves into B2B payments; raises €10 million

Swedish credit scoring platform Qred has raised €10 million to support the launch of a new B2B payments platform for small businesses.

/startups

Revenue-based financing platform Novel Capital launches

Revenue-based financing platform Novel Capital has emerged from stealth with $115 million in equity and debt funding.

/startups

Capchase raises $80m

Capchase, a US startup that helps company founders access non-dilutive capital, has raised $80 million in a Series B funding round led by 01 Advisors.