Trade Ledger, the leading business Lending-as-a-Service platform provider, today announces a number of new leadership appointments, as well as the formation of advisory board as it seeks to bolster its leadership team in response to rapid growth. Having increased its customer base by a third this year already, Trade Ledger has made several new leadership […]
The Covid-19 pandemic has affected nearly every sector, including the P2P lending market, which demonstrated a decrease in funding volumes during March and April. However, analysts of Robo.cash are confident that the European P2P lending platforms will resume their growth in summer. The first response of European P2P investors to the spread of Covid-19 was […]
Pathfinder, a London-based SME which provides a cloud-based Enterprise Platform for advanced analytics and rich data visualisation, has seen off some ‘Big 4’ consultancy competition to win two projects from the Office of Tax Commission and Ministry of Finance in the British Overseas Territory of Bermuda. Having beaten off one of the ‘Big 4’ competitors […]
SurePay, the Dutch FinTech that already checks 90 percent of Dutch payments with the IBAN-Name Check, is proud to announce the successful implementation of its UK Confirmation of Payee solution. NatWest Group chose SurePay as a vendor and partner to implement Confirmation of Payee. The service is already checking 25% of UK online Payments. Last […]
British Business Investments Ltd announces a commitment of up to £40m to Columbia Lake Partners Fund II – CLP Growth II GBP SCSp – at its first close. Columbia Lake Partners (CLP) is a London-based venture debt fund, providing growth capital term loans of £3-10m to venture capital backed technology businesses. The investments are a […]
Tink and PayPal’s extended commercial agreement now includes all countries within the European Economic Area (EEA). As a first step, PayPal will implement Tink’s open banking and account aggregation technology into some user experiences for customers. The expanded relationship is supported by a second strategic investment from PayPal, carried out in connection to Tink’s latest […]
SafeCharge, a Nuvei company, is announcing a new solution offering small businesses alternative ways to accept digital payments in response to the Covid-19 crisis. SafeCharge Local, supported by Visa, enables consumers to make payments online and over the phone whilst also providing a better consumer experience in store by reducing queues and limiting the need […]
Backbase, the leading omni-channel banking solution provider, announced today a strategic partnership with Mambu, the Berlin-based cloud banking platform to jointly deliver a unique and powerful turn-key digital banking solution. In the highly competitive banking industry, financial institutions are looking for ways to increase their speed of innovation and flexibility to offer seamless banking experiences […]
Fintech investment in the UK has exploded by 500% in the last three years, compared to 170% for the USA and 133% for Europe. Since 2018, the UK fintech market has been outstripping the USA and Europe for investment deals, and in the first quarter of 2020 the UK sealed nine major investment deals – […]
With the number of UK SMEs in significant financial distress reaching over 500,000 due to Covid-19, leading invoice insurance provider Nimbla has teamed up with SME credit risk assessment platform, Wiserfunding, to improve the availability and pricing of commercial credit insurance. This will ensure that SMEs can continue trading and prevent the UK economy from […]
