
Lending
TP24 Hires New CFO
TP24 (former Tradeplus24) introduced its new Chief Financial Officer, David Miller. David brings over 12 years of expertise to our team, acquired through a dynamic career journey spanning various finance, risk, compliance, and M&A functions within regulated Swiss financial service
Read MoreSchweizer Online-Lending-Markt knackt erstmals die 20-Milliarden-Franken-Grenze
Die Geschäftsmodelle von Marketplace Lending Plattformen unterscheiden sich fundamental von demjenigen von Banken. Sie treten lediglich als Online-Vermittler auf und nehmen keine Einlagen von Kundinnen und Kunden in die eigene Bilanz. Sie vergeben selber auch keine Kredite. Institutionelle und private
Read MoreTP24 Raises CHF 380M Debt Funding From Barclays and M&G Investments
Swiss Fintech TP24, (former Tradeplus24) has raised £345m (CHF 380m CHF) in debt funding from UK parties Barclays Bank and M&G Investments. The amount of £240m will be used for lending to SMEs in the UK and the Netherlands. Barclays
Read MoreKKR to Buy EUR40 Billion of PayPal’s Buy Now Pay Later Loans in Europe
PayPal Holdings and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion
Read MoreCrowdfunding Studie 2022: KMU Kreditfinanzierung wächst
Finanzierungen über das Internet verzeichneten im Jahr 2022 einen Volumenrückgang von 16 Prozent auf insgesamt 662 Millionen Franken. Gewachsen ist hingegen der Teilbereich der Kreditfinanzierung von KMU. Das zeigt der Crowdfunding-Monitor 2023 der Hochschule Luzern. Mit einem Volumen von 662.4
Read MoreApple Rolls Out Its Pay Later Offering for Selected Users
Apple has rolled out its Buy Now, Pay Later offering in the U.S., allowing users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can apply for Apple Pay Later loans of
Read MoreApple Readies BNPL Launch
Apple is running an internal test of its buy now, pay later (BNPL) product, gearing up for the public release of the new service in the US. The feature, which was announced at the Worldwide Developers Conference 2022, is currently
Read MoreSwiss Lending Platform TP24 Secures Mezzanine Funding From Channel Capital
Zurich-based lending platform TP24 announced that it has secured mezzanine financing for an undisclosed sum from Channel Capital Advisors. The mezzanine funding will enable TP24 to free up equity capital to fuel its business growth and drive its global expansion
Read Morebob Finance Migrates Its Lending Portfolio to Mambu
Zurich-based digital financial services provider bob Finance announced that it has successfully migrated its full lending portfolio to Mambu’s cloud-native banking platform. This migration included a move to a locally-based Google Cloud as bob Finance is looking to establish itself
Read MoreUK Fintech 9fin Raises $23 Million Series A+ to Accelerate Growth Plans in North America
9fin, an analytics platform for debt capital markets, today announced a $23 million Series A+ led by new investor Spark Capital with participation from existing investors Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. Spark Capital General Partner,
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