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The alternative finance market was hit hard when most of the country when into lockdown around mid March; some companies...
365 Business Finance has completed a £55 million debt and equity raise, as it aims to quadruple its lending to SMEs over the next two years.
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COVID-19 has brought challenging years for SMEs. With inflation rates at an all-time high, alternative lenders become key to their survival.
Includes data from the UK, EU and the US; AltFi projects €2.8 billion to be lent in Europe in 2018 and £7.5 billion in the UK; this would represent a year over year increase of 73% and 43% respectively; overall 2017 was a bounce-back year for the marketplace lending industry across the globe. Source
In his interview with AltFi, Laplanche reflects on his experience at LendingClub and how that has helped him shape his...
In the past few years, the finance sector is seeing an influx of non-financial businesses turning towards fintech solutions.
Alviere, the international embedded Fintech that enables "any brand" to deliver a full suite of financial products, partners with Coinbase Prime.
Amazon's deal with Venmo has the potential to set a new standard for payment tenders in general, and other brands are likely to follow in its footsteps.
At the end of September, Lendistry reached the one-year mark running the Amazon Community Lending program.