May 20, 2017 @ 3:45 pm By JD Alois  |  

Qupital, an online invoice discounting exchange, has received $2 million in seed funding led by Alibaba Entrepreneurs Fund and MindWorks Ventures. Several other VCs participated including DRL Capital and Aria Group. Alibaba Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help… Read More

Read more in: Asia, Fintech, Global  |  Tagged alibaba entrepreneurs fund, andy chan, hong kong, invoice, mindworks ventures, qupital, winston wong

May 14, 2017 @ 11:02 pm By JD Alois  |  

MarketInvoice, a UK based invoice financing platform, has received a £45 million lending commitment from Portuguese bank BNI Europa. “We are proactively working with Fintech businesses globally that prescribe to our vision of providing low-cost, innovative products with exceptional customer service. MarketInvoice has consistently delivered… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged anil stocker, bni europa, invoice, marketinvoice, p2p, pedro coelho, peer to peer, uk, united kingdom

April 11, 2017 @ 7:33 am By JD Alois  |  

Singapore-based MoolahSense, a marketplace lending platform, has added invoice financing as a new product line. The new service will allow SMEs to access financing to address short-term capital needs of up to $15,000. For investors, a nominal interest rate of up to 12% may be earned…. Read More

Read more in: Asia, Crowdfunding Portals, Global  |  Tagged invoice, lawrence yong, marketplace, moolahsense, singapore

March 20, 2017 @ 11:49 am By Samantha Hurst  |  

B2B travel payment solutions provider eNett International announced on Monday it has teamed up with UAE supply chain finance platform Invoice Bazaar to help make faster, easier, and safer supplier payments with the eNett Virtual Account Numbers (VANs) even more accessible for middle eastern travel… Read More

Read more in: Fintech, General News  |  Tagged anand nagaraj, anthony hynes, enett international, fintech, invoice, travel

December 22, 2016 @ 5:58 am By JD Alois  |  

  Four primary investment funds have signed agreements with Credimi, an Italy-based online lending platform. The funds have subscribed the entire portfolio of (performing) commercial credits originated by the invoice financing platform in the first year. Credimi is the first fintech company authorized by Bank of Italy… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged credimi, ignazio rocco di torrepadula, invoice, italy

December 11, 2016 @ 7:01 pm By JD Alois  |  

Alternative finance using asset-backed lending has hit a record high of £4.3 billion – up  22% versus year prior.Total asset-based finance hits £20.7 billion, another all-time high, as the Government Bank Referral Scheme kicks in. Nine of the UK’s  biggest banks will be required to pass… Read More

Read more in: General News, Global  |  Tagged abfa, alex fenton, asset based finance association, asset-backed, gapcap, invoice, jeff longhurst, uk, united kingdom

September 23, 2016 @ 9:30 am By JD Alois  |  

Two-year-old online lender DueCourse has raised £6.25 million with the participation Alex Chesterman, Simon Franks and Rocket Internet affiliated GFC. The Manchester Evening News said DueCourse was queuing up to raise an additional £10 to £15 million in a Series A funding round at some point in… Read More

Read more in: Crowdfunding Portals, Fintech, Global  |  Tagged duecourse, invoice, jon grove, paul haydock, tim borden, uk, united kingdom

January 26, 2016 @ 8:51 am By JD Alois  |  

Following a €600,000 investment, Investly has launched a peer to peer lending platform targeting UK SMEs. Investly is an invoice finance platform similar to market leader MarketInvoice. SpeedInvest, a venture capital group that has been active in the Fintech space, provided the financing to enable… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged austria, estonia, invoice, marketplace, matt rutherford, p2p, peer to peer, speedinvest, stefan klestil, uk, united kingdom

January 7, 2015 @ 7:35 am By JD Alois  |  

Commenting on the just published results from the Bank of England Credit Survey, Louise Beaumont of GLI Finance, criticized the traditional approach to capital allocation as an economic failure; “With credit availability remaining unchanged despite increased demand for lending from medium sized business, today’s figures… Read More

Read more in: Global, Opinion  |  Tagged crowdshed, gli finance, invoice, louise beaumont, p2p, peer to peer, platform black, proplend