Articles with tag like: alternative lender

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Nucleus Commercial Finance to lend GBP 200 mln via CBILS

News | Payments General | 06 Jan 2021

UK-based alternative lender fintech Nucleus Commercial Finance has pledged to lend GBP 200 mln to SMEs through the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).

Nucleus Commercial Finance, UK, CBILS, alternative lender, lending, fintech, coronavirus, government backed loan, loan scheme

Europe-based fintechs to launch a new cross-border organisation

News | Payments General | 25 Jun 2020

A group of Europe-based fintechs have joined forces to launch a new non-profit organisation, the European Fintech Association (EFA)

Europe, fintech, cross-border, EFA, European Fintech Association, non-profit, EU, financial services, Raisin, savings marketplace, SaaS provider, FinLeap, alternative lender, Funding Circle, wealth management, Moneyfarm, digital bank, N26, money transfer, TransferWise, European Commission, digital finance strategy, Mintos, Scalable Capital, TrueLayer, Wirecard

US-based Upgrade secures USD 40 mln funding with help from Santander

News | Payments General | 18 Jun 2020

Alternative lender Upgrade has raised a USD 40 mln Series D funding round from investors including Santander InnoVentures.

upgrade, Santander, Santander InnoVentures, US, funding, extended credit, alternative lender, non-bank, loans, credit cards, Union Square Ventures, Ribbit, Vy Capital, Silicon Valley Bank, Ventura Capital, Uncorrelated Ventures, financial crisis

UK-based iwoca secures CBILS accreditation

News | Payments General | 20 May 2020

UK-based alternative lender iwoca has received accreditation from the British Business Bank to provide Coronavirus Business Interruption Loan Scheme (CBILS) loans.

iwoca, alternative lender, British Business Bank, CBILS loans, SME, accreditation