alternative finance

Alternative finance refers to financial channels, processes, and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets.

Source: en.wikipedia.org

SMB Lender iwoca Raises $194M
SMB Lender iwoca Raises $194M
February 19, 2019  |  B2B Payments

U.K. alternative small business (SMB) lender iwoca announced on Monday (Feb. 18) a fundraise worth nearly $194 million. Reports in Business Leader said Augmentum Fintech...

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ING Bridges Dutch SMBs To Funding Options
ING Bridges Dutch SMBs To Funding Options
February 05, 2019  |  B2B Payments

Dutch bank ING is linking its small business (SMB) customers to alternative lending marketplace Funding Options, the firms said on Monday (Feb. 4). The partnership...

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Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
February 04, 2019  |  Consumer Finance

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. For one thing, the portion of consumers...

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VCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices
VCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices
January 25, 2019  |  B2B Payments

This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing...

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Alternative Finance No Longer SMBs’ Last Resort
Alternative Finance No Longer SMBs’ Last Resort
January 21, 2019  |  B2B Payments

Alternative finance (AltFin) has had a rocky lifespan, with controversies over high interest rates, contract agreements and the overall viability of the industry being called...

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India Eyes SMBs In Pursuit Of $5T Economy
India Eyes SMBs In Pursuit Of $5T Economy
January 17, 2019  |  B2B Payments

A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs)...

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Factris Consolidates Factoring Market With Acquisition
Factris Consolidates Factoring Market With Acquisition
January 15, 2019  |  B2B Payments

Netherlands-based factoring company Factris has announced the completion of its takeover of Lithuanian firm DEBIFO, the companies said Monday (Jan. 14). According to Factris, DEBIFO...

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CAN Capital Announces Another Leadership Change With New CEO
CAN Capital Announces Another Leadership Change With New CEO
January 10, 2019  |  B2B Payments

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. 9) that Edward J. Siciliano has been appointed as the new chief executive...

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AltFin’s Role Evolves In Tense Global Trade Environment
AltFin’s Role Evolves In Tense Global Trade Environment
January 08, 2019  |  B2B Payments

The fallout from ongoing trade tensions between the U.S. and China is likely to be felt on both sides, with analysts expecting the economic impact...

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