Alternative Finance

QCash Financial Introduces Short-Term Lending Technology to Canadian Financial Institutions

QCash Financial, provider of an automated, cloud-based, omni-channel lending platform for financial institutions, announces that it now offers its small-dollar, short-term lending technology to Canadian financial institutions. Due to the demand for small-dollar lending in Canada, QCash Financial is expanding to offer its services to Canadian financial institutions. By serving the Canadian market, QCash Financial will offer Canadian financial... more Read more »

Baker Hill Introduces Launch AppGen™ to Accelerate Loan Applications on Personal Devices

Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, announced the upcoming launch of AppGen™, which allows consumers and small businesses to apply for credit cards and loans from any location leveraging a responsive design. Read more »

Wirefund Goes Live to Drive the Growth of British Business

Wirefund, a provider of quick and simple business loans, today launches in the UK. Created to improve the flow of British business, Wirefund will provide loans to help protect and grow small and medium sized companies by keeping their cash flowing. Read more »

FICO : Millennials Need Help in Debt Management

FICO’s latest consumer finance trend research has revealed that 37 percent of Millennials aged 25-34 are concerned about their level of debt, while 33 percent of them are interested in getting assistance to help manage their debts. After residential mortgages, the biggest debt burden for this age group is student loans, with 32 percent of Millennials saying they owe $20,000 or more. A close second is auto loans, with 45 percent of Millennials ... more Read more »

Lloyds Banking Group: Online Lending to Small Businesses Soars in Two Years

The latest figures for Lloyds Banking Group, which includes Lloyds Bank and Bank of Scotland, show that the total amount of online lending to small businesses has doubled in the past two years*, as more businesses are making the move online to manage their banking. The annual value of online lending to small businesses (those with a turnover of less than £1m) is increasing at an even greater rate, with online lending to small business customers... more Read more »

Ovamba Teams Up with New Investors to Unlock The Potential of SMEs in Africa

Ovamba Cameroon Solutions, an online African funding and logistics services provider for SMEs (small and medium sized businesses), announces partnerships with two investors, Crowdcredit and Courtyard Capital. The partnership highlights the commitment of all three companies to unlocking the potential of SMEs in Africa. Read more »

SIA Reveals “Person to Business” Service

Following on from “Person to Person” (P2P) payments, Jiffy - the service developed by SIA to send and receive cash in real time from a smartphone – comes to stores. The pilot phase of the “Person to Business” (P2B) project has in fact begun in the cities of Milan and Bergamo, allowing customers to pay via app at participating retail outlets authorized by UBI Banca. Other major Italian banks have expressed interest in offering the service by next... more Read more »

Monetary Authority of Singapore Enhances Access to Crowd-funding for Start-Ups And SMEs

The Monetary Authority of Singapore (MAS) announced today that it will make it easier for start-ups and Small and Medium Enterprises (SMEs) to access securities-based crowd-funding (SCF) in two ways. Read more »

Staffcare Selects Neyber to Provide Loans Across UK

Neyber, the leading provider of salary deducted loans, has been chosen by the employee benefit platform provider Staffcare to provide loans across its UK employee customer base. Read more »

Wells Fargo Unveils yourFirst Mortgage℠- Loan Program

-Wells Fargo & Company unveils yourFirstMortgage℠, a new home loan program that offers a down payment of as little as 3 percent for fixed-rate mortgages, lower out-of-pocket costs, expanded credit criteria and ince Read more »

Ipreo and Misys Cooperate to Deliver Syndicated Loan Solution

Ipreo and Misys announced the signing of an agreement whereby the two companies will integrate Debtdomain and Misys FusionBanking Loan IQ – market-leading software solutions for syndicated loan arrangers and agents. Clients will benefit from the powerful integration capabilities included in FusionBanking Loan IQ. Mutual clients of Debtdomain and FusionBanking Loan IQ have previously integrated the products, but this solution will be the first... more Read more »

LendIt Collaborates with P2P Finance Association to Run Online Lending Conference

LendIt, the world’s largest online lending conference, today announced the launch of LendIt Europe 2016, its third annual European conference, to be held October 10-11, 2016 in London. LendIt is partnering with the UK P2P Finance Association, Europe’s premier lending association, for the second year to deliver what is expected to be its largest conference to date, with more than 1,000 attendees expected. Read more »

Cashfloat Awarded Full Authorization Status in Short Term Credit Sector has been awarded Full Authorization status in the highly regulated High Cost Short Term Credit sector, by the Financial Conduct Authority (FCA). The Financial Conduct Authority (FCA) aims to protect consumers of the UK’s financial services industry, ensuring businesses are run with integrity and with the consumers’ best interests at heart. Read more »

Green Dot Corporation Releases New Online Marketplace

Green Dot Corporation launches Green Dot Money, an online marketplace that seeks to match low and moderate income consumers with a curated set of lending partners that specialize in serving low and moderate income Americans. The loans are made by third party lenders who are members of the marketplace. Green Dot does not use its balance sheet to fund the loans nor does it assume any risk of non-repayment. Read more »

Basware & Indiegogo Partner to Provide Capital for the “Next Big Thing”

 Highlighting the critical need for cash and working capital to grow a business, Basware, the global leader in networked purchase-to-pay (P2P) solutions, e-invoicing and innovative financing services, has launched a campaign with Indiegogo, the largest global crowdfunding and fundraising site, to provide capital for the “Next Big Thing.” The company is soliciting the expert opinions of corporate finance professionals to vote for the start-up... more Read more »


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