Alternative finance

253 articles tagged with this keyword

/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.

/startups

Lloyds Bank invests £5 million in working capital platform Satago

Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.

/startups

Capchase targets Europe with new London office

Capchase, a US startup that helps company founders access non-dilutive capital, has opened a new European headquarters in London after a surge in demand from UK startups.

/retail

Brazil's Creditas raises $260m

Brazilian secured lending platform Creditas has hit a US$4.8 billion valuation off the back of a US$260 million Series F funding round.

/startups

Tokenised fund for footballers' image rights launches

A Spanish startup has launched what it claims is the world’s first tokenised investment fund focused footballer’s image rights.

/retail

Republic to buy Seedrs for $100m

In the wake of its blocked merger with Crowdcube, UK crowdfunding platform Seedrs has agreed a deal to be acquired by American outfit Republic for around $100 million.

/wholesale

Fin VC and Barclays invest in invoice insurance platform Nimbla

Invoice insurance startup Nimbla has attracted £5.1 million in funding from Silicon Valley's FIN VC with participation from Barclays Bank.

/Sibos

Sibos 2021: Collaboration and discipline is required for digital asset and CBDC success

Day three of Sibos started with a future facing perspective in the form of two morning sessions covering developing and upcoming digital technologies, including as CBDCs, DeFi, and NFTs, reiterating that these areas of innovation remain hot topics of interest.

/crypto

El Salvador becomes first country to accept Bitcoin as legal tender

The central American nation today sets a world-first as it adopts the cryptocurrency for use across all goods and services – even taxes.

/wholesale

Funding Circle launches BNPL product for business loans

Small business lender Funding Circle has launched its first payment facility, FlexiPay, empowering customers with the ability to buy now pay later on any expense.

/wholesale

Iwoca and FundingXchange to offer cash advances to SMEs through Open Banking

Iwoca has launched an Open Banking-based cash advance product for e-commerce businesses with a business bank account on the FundingXchange marketplace.

/sustainable

Scottish National Investment Bank commits £50m to woodland management

The bank’s investment will support widescale creation and management of forests in Scotland, as well as boost biodiversity in the area, improve air quality, reduce soil erosion, and capture an estimated 1.2 million tonnes of CO2 over two decades.

/wholesale

LendInvest secures £150m partnership with Barclays and HSBC

LendInvest, an asset management platform for property finance, has agreed a £150 million partnership with Barclays and HSBC to get funding to UK property entrepreneurs.