Alternative finance

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/Alternative finance

Amazon Business launches in France

Amazon today announced the launch of Amazon Business on amazon.fr, meaning that it is now available on three Amazon marketplaces across Europe.

/Alternative finance

Seedrs opens secondary market

Since we launched our pioneering Seedrs Secondary Market last summer, over 850 share lots worth more than £250,000 have been sold across 166 Seedrs Alumni businesses.

/Alternative finance

KashFlow extends SME options with Global Payments integration

KashFlow announces new partnership with Global Payments

/Alternative finance

Banco BNI Europa begins lending via Fellow Finance platform

Banco BNI Europa has started to invest in loans through the Fellow Finance platform as the first European bank.

/Alternative finance

Australian fintech industry calls on Government to make crowdfunding legislation a priority

Australia’s fintech industry today called for the speedy approval and implementation of private company equity crowdfunding legislation to help more Australian small-to-medium sized businesses to access the funds they need to grow.

/Alternative finance

Advanon launches online factoring platform in Germany and partners with Wirecard

Wirecard is supporting Advanon’s entry into the German market.

/Alternative finance

Kabbage extends credit line size to $250,000

Kabbage, Inc., a global financial services, technology and data platform serving small businesses, now offers lines of credit of up to $250,000.

/Alternative finance

BlueVine doubles invoice financing credit lines to up to $5 million

BlueVine has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and medium-sized businesses.

/Alternative finance

Robo.Cash opens for business in Switzerland

The platform Robo.cash operating at the alternative lending market of the European Union since February 2017 is now open for investors from Switzerland.

/Alternative finance

BNI Europa to fund German SME loans via Funding Circle

The Portuguese online bank Banco BNI Europa and Funding Circle have entered into a strategic partnership to support the growth of small and medium-sized businesses in Germany.

/Alternative finance

Investly heads to Seedrs for £500K funding

European fintech Investly launched their fundraising campaign today on Seedrs, Europe’s most active investor into private companies.

/Alternative finance

MetaBank to offer personal loans via Liberty Lending

MetaBank, a wholly-owned subsidiary of Meta Financial Group, Inc. (NASDAQ: CASH) (“Meta”), and Liberty Lending, LLC (“Liberty Lending”) announced today that they have entered into a three-year program agreement whereby MetaBank will provide personal loans to Liberty Lending customers.

/Alternative finance

Roostify integrate mortgage platform with LendingTree

Roostify, a provider of automated mortgage transaction technology, today announced that it has integrated its online mortgage platform with LendingTree (NASDAQ: TREE), the nation’s leading online loan marketplace.

SoFi names Twitter COO Noto CEO

/Alternative finance

SoFi names Twitter COO Noto CEO

Online lender SoFi has named Twitter COO Anthony Noto chief executive officer, filling a position vacated by co-founder Mike Cagney, who left last year amidst allegations of sexual harassment at the firm.

/Alternative finance

Falcon Group names Steve Box head, business development, UK and Europe

Leading specialist financier Falcon Group has announced Steve Box, former Bibby Financial Services’ CEO, and HSBC Veteran, as Head of Business Development for the UK and Europe. Steve Box has been appointed as Head of Business Development for the UK and Europe. Box will be responsible for spearheading Falcon’s expansion in the UK and European markets.

Europe begins Open Banking era in subdued style

/Alternative finance

Europe begins Open Banking era in subdued style

The EU's second Payment Services Directive (PSD2) took effect on Saturday 13 January, bringing with it the start of Open Banking, however the prospect of a sudden revolution is likely to be thwarted by unresolved technical and regulatory issues and a lukewarm reception from consumers.

/Alternative finance

LendingPoint buys LoanHero

LendingPoint, the company working to revolutionize access to consumer credit, today announced that it has acquired LoanHero, a leading fintech platform for point of sale finance.

/Alternative finance

Apruve and MSTS join forces for B2B credit offering

MSTS, a global B2B payment and credit solutions provider, and Apruve, the premiere B2B credit network, today announced a joint partnership to provide manufacturers, wholesalers and distributors an alternative payment and credit solution that competes directly with credit cards.

/Alternative finance

YieldStreet closes $12.8m Series A round; scores $100m in revolving credit facility

YieldStreet, the alternative investment platform working to change the way wealth is created, today announced that it has closed a $113 million financing round.

/Alternative finance

Property crowdfunding platform The House Crowd receives FCA authorisation

The House Crowd, which is the world’s first property crowdfunding platform, has received full authorization from the Financial Conduct Authority (FCA) as a “P2P Firm.”

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