PrimaryBid raises $50m fundraise, plots global expansion
PrimaryBid has closed a $50m Series B investment round from a number of notable investors as it seeks to expand outside of the UK.
Flux brings digital receipts to high street clothing giant H&M
European retailer H&M has become the latest UK brand to adopt digital receipts with the help of fintech Flux.
European alternative lending near-doubled in 2019
European originations among peer-to-peer and marketplace lending platforms soared by 80 per cent in 2019 to €6.6bn, up from €3.6bn the previous year, according to data from the AltFi Alternative Lending State of the Market Report 2020.
Cumulative alternative lending reaches £25bn in UK, €14bn in Europe
Since 2011 peer-to-peer and marketplace lending in the UK has extended a whopping £25.67bn worth of loans to the SME, consumer and property sectors, according to data from the AltFi Alternative Lending State of the Market Report 2020.