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

Funding Circle Fund Sees US Loan Defaults Rise
Funding Circle Fund Sees US Loan Defaults Rise
September 17, 2018  |  B2B Payments

In August, more corporate borrowers defaulted on their loans issued by Funding Circle‘s U.S. operations than they did previously in 2018. According to Peer2Peer (P2P) Finance...

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OCC To Be Sued Again Over FinTech Bank Licensing Plan
OCC To Be Sued Again Over FinTech Bank Licensing Plan
September 13, 2018  |  B2B Payments

U.S. banking watchdog the Office of the Comptroller of the Currency (OCC) is facing a lawsuit, adding another setback to its struggling effort to provide...

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Banks Keep SMB Lending Gains Rolling
Banks Keep SMB Lending Gains Rolling
September 12, 2018  |  B2B Payments

Small businesses’ access to traditional loans continues to grow as loan applications at big banks reached new heights last month, the latest Biz2Credit data showed....

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Funding Circle Reflects On IPO Plans
Funding Circle Reflects On IPO Plans
September 11, 2018  |  B2B Payments

Days after confirming plans for an Initial Public Offering on the London Stock Exchange, alternative lending firm Funding Circle has released new details about its...

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Prospa Bends To Regs’ Unfair Contract Claims
Prospa Bends To Regs’ Unfair Contract Claims
September 10, 2018  |  B2B Payments

Weeks after Australia alternative lending platform Prospa cancelled its IPO, amid backlash over contractual agreements with borrowers, the company has bowed to regulators’ demands that...

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UK Bank Referral Scheme Yields $20M For SMBs
UK Bank Referral Scheme Yields $20M For SMBs
September 04, 2018  |  B2B Payments

Since the U.K. implemented its bank referral scheme, aimed at linking small businesses to alternative finance when they’re rejected for a bank loan, it has...

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Enterprise Data Storage And Security Land Top VC Funds
Enterprise Data Storage And Security Land Top VC Funds
August 31, 2018  |  B2B Payments

More than $205 million in financing was invested in B2B startups this week, signaling investors’ continued appetite for these players as the seasons turn. Cybersecurity,...

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Rep. Cleaver Releases Initial Findings In Alt-Lending Probe
Rep. Cleaver Releases Initial Findings In Alt-Lending Probe
August 29, 2018  |  B2B Payments

U.S. Representative Emanuel Cleaver II (D-MO) has published the initial findings of a probe into the alternative small business lending market in an effort to...

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Debitum Network Tests Blockchain Financing Tech
Debitum Network Tests Blockchain Financing Tech
August 28, 2018  |  B2B Payments

With only days to go before its official launch, Debitum Network is demonstrating its blockchain-powered small business financing solution. The company issued a press release...

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