Alt-Finance

Stories exploring the world of alt-currencies like Bitcoin, alt-banking, invoice-discounting and more

Big bank business loan approval rates hit post-recession high

Big bank business loan approval rates hit post-recession high

Business loan approval rates at big banks ($10 billion-plus in assets) hit a post-recession high of 25 per cent in October 2017, according to the latest Biz2Credit Small Business Lending Index, a monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com. Small business ...

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More than $1B in World Funding Summit house

More than $1B in World Funding Summit house

With a focus on ICOs and over $1 billion in the house and often called the “Davos of Entrepreneurship,” the upcoming World Funding Summit is set to be one of the most significant financial gatherings of the year. Disruptive investors and venture ...

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OTC Markets Group and Issuer Direct announce strategic alliance

OTC Markets Group and Issuer Direct announce strategic alliance

OTC Markets Group and Issuer Direct Corporation, an industry-leading communications and compliance company focusing on the needs of corporate issuers, announced they will collaborate through a strategic alliance to offer a premier suite of news, compliance, investor relations, and communications services. ...

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Lendio Gives supports Kiva borrowers

Lendio Gives supports Kiva borrowers

Small business loan marketplace Lendio announced it has provided more than $25,000 in loans to over 1,200 small business owners in 75 countries around the world through its employee-based Lendio Gives program in partnership with Kiva. Kiva is a San Francisco-based ...

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Fundera halfway to $1B

Fundera halfway to $1B

Small business advisor and online marketplace Fundera has surpassed the $500 million mark in loans provided to more than 8,500 small businesses. Fundera’s platform allows small business owners to apply to a curated network of 25-30 lenders in the industry ...

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Mass-affluent investor platform launches

Mass-affluent investor platform launches

A new platform targeting mass-affluent individual and institutional investors from China launched today. MarketX provides Chinese investors with access to alternative American investments ranging from pre-IPO shares in hot tech startups, theme-driven portfolios, real estate investments and high-yield income products. ...

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CommonBond closes $248M securitization

CommonBond closes $248M securitization

CommonBond today announced the close of a $248 million securitization of refinanced student loans. The most senior notes scored ratings of Aa2 from Moody’s, AA from S&P and AA (high) from DBRS, CommonBond’s highest ratings so far. This is CommonBond’s ...

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Mobile deposit adoption skyrocketing: Futurion survey

Mobile deposit adoption skyrocketing: Futurion survey

Consumers are adopting mobile deposit practices at increasingly fast rates, the results of the second annual Mobile Deposit Benchmark Report reveal. The report, conducted by analyst firm Futurion and sponsored by Mitek, surveyed more than 1,000 American consumers and accessed active ...

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