868 articles tagged with this keyword
News/startups
Wagestream, a UK startup that lets customers draw down their 'earned income' at any time during the pay cycle, has raised £20 million in a Series B funding round led by Northzone.
08 July 2020
When discussing the amorphous nature of fintech, Tania Ziegler, the CCAF’s Global Benchmarking lead was struck by how ‘fintech’ is increasingly used as an all-encompassing term, describing a diverse range of organisations that all have financial technology at the centre of their operations and agenda.
02 July 2020
News/cloud
Pipe Technologies has raised $60 million in equity and asset financing to support the growth of its SaaS financing platform.
24 June 2020
Company update/wholesale
Asto Business Capital loans are now available on Funding Options as part of a new partnership with the business finance marketplace.
News/sustainable
With wildfires, the Covid-19 pandemic, the strengthening Black Lives Matter movement and the Yemen crisis dominating headlines in 2020, the sustainable investing space has seen demand despite the IMF’s projection that global growth will fall by 3% this year, resulting in the worst recession since the Great Depression and consequences far worse than the global financial crisis.
19 June 2020
News/retail
Santander InnoVentures has led a $40 million Series D investment round in Upgrade, the consumer credit platform that is moving into mobile banking.
17 June 2020
Greensill, a UK-based supplier of alternative supply chain finance, is targeting the Latin American market following the acquisition of Colombian SME digital lender Omni.
16 June 2020
Company update/regulation
Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce that it is now able to provide an enhanced Know-Your-Customer (“KYC”) service for asset based and invoice finance lenders.
Targeting 15,000 fintech firms worldwide, the Cambridge Centre for Alternative Finance (CCAF) announced it has partnered with the World Bank Group and the World Economic Forum to survey industry players and compile data about Covid-19’s impact on the marketplace.
15 June 2020
Company update/startups
The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.
News/covid-19
Metro Bank has confirmed that it is in exclusive talks to buy the UK's biggest P2P lender RateSetter.
Company update/people
Swoop, the innovative technology-based finance platform for businesses, has appointed George Htin-Kyaw as Chief Technology Officer.
12 June 2020
Built for Mars’ Peter Ramsay has released the fourth instalment of the now sought-after ‘UX for banking’ series where he reviews 12 UK-based banks and reveals whether the experience of opening an account, making a payment or freezing a card is slicker and quicker when banking with the digital challengers.
11 June 2020
Credit insurers Nimbla and ABL operating system Dancerace have partnered to increase SMEs’ access to credit insurance when they apply for invoice finance.
10 June 2020
US multi-lender Point-of-Sale financing platform ChargeAfter has secured an investment from the venture capital arm of Japanese financial services giant MUFG.
News/crypto
Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.
05 June 2020
Company update/Alternative finance
Falcon Group has appointed industry veteran John Ahearn as Group Vice Chairman and CEO Americas in a newly appointed position.
01 June 2020
The venture capital arm of Banco Santander has led a $5 million round in a55, an alternative lender to SMEs is Brazil and Mexico.
28 May 2020
Involving the alternative lending sector is the key to addressing the problem of distributing government loans and other support to businesses struggling as a result of the Coronavirus lockdown, according to the founder of ClearBank and RTGS Global Nick Ogden.
14 May 2020
Singapore-based SME financing platform Validus has raised over US$14 million, with US$20 million in committed capital, in an ongoing Series B+ financing round.
12 May 2020
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