Alternative Business Funding (ABF) and leading insurance broker, Jelf, has announced a new strategic collaboration, providing Jelf’s 250,000 commercial clients with greater access to a wide range of business funding products. The collaboration will see Jelf, who recently announced it will be rebranding as Marsh Commercial in January 2020, introduce its clients to the innovative […]
The DHL Global Trade Barometer, an early indicator of global trade developments calculated using Artificial Intelligence and Big Data, predicts that Japan’s trade levels will contract in near term, with the country’s index value decreasing by five points to 48 points — below the no-growth threshold of 50 points on the Index. The negative growth […]
Ada Ventures today announces that it has raised a $34m (£27m) fund. At present, 92 in every 100 dollars invested in Europe goes to all male teams, 83% founders are white, 82% are university educated. In the UK, a quarter of investment committees saw no female founders in 201 and 72% of Venture Capital funding […]
Metro Bank has removed product fees for its existing customer residential mortgage products. These products continue to match new business rates and are available for loans up to a maximum property value of £2m. Customers can switch up to three months early with no early repayment charge. In addition buy-to-let re-mortgage customers can also benefit […]
There are 7 commercial banks operating in Lithuania in 2019. With a recently proposed tax that targets banks and other lenders, talks of ensuring the banking stability have led to musings about creating a state-owned commercial bank. Considering the fact that the Bank of Lithuania has recently made significant strides in fostering fintech sector that […]
Wyelands Bank, set up to help medium-sized businesses, has appointed Stephen Rose as deputy chief executive officer and Rachelle Frewer as chief financial officer. Stephen will focus on the bank’s operations to help it grow. He will ensure that the bank continues to meet the needs of both its depositors and business finance customers. Rachelle […]
Despite an intense political climate and uncertain economic ground over the third quarter of this year, business confidence is stable. This is reflected in the latest SME Health Check Index, which shows a bounce back from the lowest ever recorded score in Q2. The report from Virgin Money UK, owner of Clydesdale and Yorkshire Bank […]
The Hong Kong property market has borne witness to the city’s turmoil in 2019. Home prices experienced their steepest increase in the first half of 2019 but have seen those gains trimmed in recent months in the face of the growing social unrest. The ongoing trade tensions and social unrest have weighed on business sentiment […]
Funding Options has partnered with Open Accounting experts, Validis, to enhance the lending journey for applicants and speed up access to finance. The Funding Options-Validis partnership will shave time and expense off the data preparation process effectively making access to external funding much faster for businesses. Funding Options will also utilise the accurate and structured […]
Majority (15) of the banks in the GlobalData’s list of top 25 publicly traded global banking institutions by market capitalisation (M Cap) reported quarter-on-quarter (QoQ) decline during the third quarter (Q3) ended on 30 September 2019, according to GlobalData, a leading data and analytics company. In Q3 2019, the aggregate M Cap of the top […]
