Tagged: alternative financing

UK’s Alternative Lending Platform ThinCats Lends £191M During First Half of Financial Year

ThinCats, which claims to be the leading alternative finance provider to mid-sized SMEs in the UK, has recently released its origination results for H1 2023, revealing that a “record” £191m has been lent to SMEs across the United Kingdom. The figure represents a sizable increase… Read More

UK’s Assetz Capital Funds £2.83M Loan for Residential Development in South London

Assetz Capital, which claims to be one of the UK’s leading alternative finance providers, has announced that it has “funded a loan of £2.83 million for a new residential development in the affluent area of Purley, south London.” The loan has been “granted to a… Read More

European Founders Want “More Control,” Alternative Financing Could Help, Capchase Claims

2021 was a “watershed” moment for the European technology startup ecosystem, according to an update from Capchase. More than $100 billion was invested in companies/businesses across the continent – “more than triple the amount in 2020.” This has put founders in a “rare” – and… Read More

Lithuania based Debitum, a Borderless Financing Platform, Shares Q4 2021 Financial Report

Lithuania’s borderless financing platform, Debitum, has shared its financial report for Q4 2021. As mentioned in a blog post, the document “represents the financial and business performance of the SIA DN Operator – the platform owner.” Debitum has noted the following highlights for Q4: Q4… Read More

Alternative Financing: Capchase Shares How New Forms of Funding Are Helping Businesses

The team at Capchase asks if you have been looking into more alternative financing firms and if so, then you are not alone. This, as the financing market is evolving “to include players beyond traditional banks.” At Capchase, they receive many questions about alternative financing… Read More

Capchase Is Focused on Deepening Presence in Europe so They Can Support Tech Entrepreneurs

The team at Capchase says they’re pleased to be deepening their presence in Europe alongside firms such as Sastrify and Calqulate, so that they can better support founders on their journey to “rapid yet deliberate growth.” Capchase explains that Slush is the most important technology… Read More

UK based Invoice Financing Platform MarketFinance Explains how SMEs May Address Late Payment Issues

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that during the month of July 2021, new changes to the Prompt Payment Code came into effect. Announced in January of this year, the changes have been designed “to strengthen the position… Read More

UK’s Invoice Financing Platform MarketFinance Introduces New and Improved Accounts

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, acknowledges that they understand the “stresses” and “frustrations” that small businesses go through on daily basis. Although they cannot fix everything, the company explains that they can provide you the financial “firepower” you… Read More

Global Alternative Financing Totals to Continue Rising

The use of alternative financing methods has grown during the pandemic and will continue to do so through at least 2023, data from BlockArabia.com suggests. Globally, alternative financing is expected to grow by 20 per cent to hit $8.9 billion in 2023. The bulk of… Read More

UK’s Invoice Financing Platform MarketFinance Shares how they Helped Bantham Technologies Access Affordable Financing

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that at their company, the whole team connects every week for their (presently virtual) Townhall. But now that COVID-related restrictions are gradually easing and businesses can “take stock” of this past year,… Read More

Bhavik Vasa: CEO at Asian Revenue-based Financing Fintech GetVantage Says Startups Should Focus on Sustainable Growth

We recently caught up with Bhavik Vasa, founder and CEO at GetVantage, which is India and Southeast Asia’s first revenue-based financing Fintech platform. Vasa talked about the different challenges entrepreneurs face as they work on developing new products and services. Vasa explained how GetVantage‘s unique… Read More

Over 240 Fintech Firms Operating in Indonesia, a Leading Southeast Asian and Global Economy: Report

Indonesia, which has one of the largest economies in Southeast Asia and also ranked high globally, has emerged as a fast-growing Fintech hub. It’s estimated that in the next five years, digital financial services revenues in Indonesia will reach $8.6 billion, meaning they’re increasing at… Read More

PayPal Report: Backs UK Small Businesses with More Than £1 billion of Alternative Funding Through Working Capital Program

PayPal announced on Wednesday it has provided a huge £1 billion of finance to UK small businesses through PayPal Working Capital program.  According to PayPal, the alternative finance offering allows UK small businesses to apply for, and receive, a cash advance against future sales online… Read More

Alternative Small Business Finance Provider Capify Receives £75 Million Credit Facility From Goldman Sachs

Capify, a UK-based alternative small business financing provider, announced on Thursday it received a £75 million credit facility from Goldman Sachs Private Capital to support its future growth plans and provide working capital to thousands of Australian and British small businesses. Launched in 2008, Capify describes itself… Read More

Crowdcube Teams Up With Xoogler to Deliver Insight in Early Funding Strategies

On Wednesday, equity crowdfunding platform Crowdcube announced it was teaming up with Xoogler to deliver insight in early funding strategies, which will including using the crowdfunding method. The event will allow attendees to discuss learnings and ask questions with a panel of founders, VCs, and experienced… Read More

AlliedCrowds Reports: India Tops Developing Countries for Alternative Finance List

On Wednesday, AlliedCrowds released its latest report on the top developing countries for alternative finance. The data analyst company revealed it used its new emerging market alternative finance tool, Capital Finder, to identify the financing options for entrepreneurs in their countries and sections along with breaking down the type of… Read More

Harmoney Gets First P2P Lending License in New Zealand

The Financial Markets Authority (FMA) in New Zealnd issued the very first peer to peer (P2P) lending license  last week to Harmoney.  The Auckland based company gets to claim “1st” in another country that has embraced the power of technology to transform the geriatric banking… Read More

Alternative Financing, Including Crowdfunding, Goes to $150 Billion According to TABB

The TABB Group recently published a research report entitled, Capital Reformation: Alternative Financing and the Fate of Intermediaries,  part of this report discussed the emerging industry of crowdfunding and its impact on the finance industry in general. “Wall Street is No Longer a Protected Class”… Read More

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