Accounting firm BDO and Capsearch combine forces on SME finance
In the partnership, BDO will use its knowledge in structuring finance and advising in the field of financing requests in combination with fintech company Capsearch’s platform, which brings together entities looking for financing with entities offering financing. Recognising that banks are no longer the only place SMEs can go for financing, BDO and Capsearch came […]
De Breed launches investment vehicle, TechFund One
De Breed & Partners, a company which delivers advise on, and helps companies apply for, subsidies in the area of innovation, rolled out the TechFundOne last week in partnership with Investormatch. The fund provides growth capital to tech companies with promising innovations. TechFund One gives companies, which can be software and/or hardware companies with revenues […]
Angels descend to boost Finturi with EUR 2 million
Finturi wield an arsenal of blockchain and artificial intelligence to bring a new way of invoice financing to the market. Connecting businesses and financiers through their platform, they will use smart contracts to ensure reduced speed and cost of transactions and the security of blockchain to build a simplified user experience. With the release pegged […]
Alternative lending platform Funding Circle goes to Canada
Funding Circle, a peer-to-peer lending platform emanating from the UK and now servicing Germany, the Netherlands, and the US, have their sights set on entering the Canadian market. The first to offer such a P2P platform for business lending in the UK, Funding Circle continue to help SMEs fight against unfavourable financing terms set by […]
The economic effect of alternative finance lenders Funding Circle
Now operating across Germany, the Netherlands, the UK and the USA, Funding Circle is an alternative finance platform that facilitates peer-to-peer lending to small and medium-sized enterprises (SMEs). Founded in 2010, Funding Circle rose to popularity as an avenue for SMEs to raise funds in a period where banks were drawing back their support for […]
Mitek and Autonomous NEXT analyse European digital lending landscape
Global identify verification provider Mitek Systems and Autonomous NEXT, which provides interconnected and independent insights on financial digitisation, have turned their minds to overviewing the threats and opportunities that online alternative finance is facing, and the scope of its influence in Europe. While the insight highlights the UK as leading investment into digital lending, the Netherlands has also benefitted […]
Factris acquire leading Lithuanian working capital provider, Debifo
With a 35% market share in the Lithuanian alt-lending market, Debifo is a rapidly emerging invoice financing solutions provider, and another momentous step in Factris’ pan-European strategy. Factris are using the fintech wave to reinvent factoring, and automate the process of on-selling accounts receivables whilst maintaining a personal touch. Their CEO, Brian Reaves, proffered: “We […]
Research At A Glance: Week 49
Diversity & Inclusion in Tech: A Practical Guide for Entrepreneurs by Atomico This report serves as a pragmatic and actionable guide for the tech, promoting diversity and inclusion. In five parts, it describes the process of changing behaviours and attitudes towards diversity and inclusion, prompting the type of questions companies should be asking to respond to […]
Research At A Glance: Week 50
In search of customers who love their bank. Customer loyalty in retail banking: global edition 2018 by Bain & Company This report investigates how consumers perceive banking through online surveys across the globe. Acknowledging that banks are under attack from many quarters, the report highlights a number of interesting insights including the elements of value that […]
Expert Insights: How Data Science is helping small businesses grow
Below, Jerome Le Luel, Funding Circle’s chief risk officer, shares his insights on the state of small business lending and how data science helps small businesses grow. Le Luel leads a global team of risk professionals who are experts at small business lending, and whose mission is to ensure that Funding Circle deploys world-class risk […]