Ebury, one of Europe’s largest fintech companies, is pleased to announce its first acquisition: Frontierpay, an international payroll payments provider with offices in the UK and Singapore. Ebury’s strategy Fast-growing Ebury, has acquired the payroll payments business as part of its expanded technology investment programme. The acquisition forms part of Ebury’s broader strategy to invest […]
Santander InnoVentures, Santander Group’s fintech venture capital fund, has announced today it is leading an expansion funding round for cloud-based digital lending platform Roostify, which enables mortgages to be done via smartphone. Santander first invested in the company in February 2018 and this is its second investment. Founded in 2012, Roostify’s integrated digital lending platform […]
Capitalise.com has today announced a partnership with small business lender, iwoca, and a high street bank, to launch Instant Offers. The partnership enables accountants to receive instant quotes on funding applications for their clients. Accountants benefit from offering their clients exceptional customer service with instant quotations and eligibility on suitable financial products whilst lenders can […]
Fiduciam has met its target of hiring 25 new staff members in 2019, hiring ten new people during the Summer. Its team now combines 15 nationalities speaking 21 languages. By the end of this year, it now expects to exceed both the number of hires and its loan book target, set out in its strategic […]
Internationally renowned as the ‘start-up’ nation, Israel presents a plethora of exciting trading opportunities for the UK and will be an important partner as it prepares for its formal exit from the European Union (EU), finds Leumi UK’s whitepaper. As Brexit draws closer, establishing lasting relationships with key trading partners has become a priority for […]
Today, leading cryptocurrency exchange bitFlyer has announced the launch of the bitFlyer app across Europe and the USA. The app, available for free on both iOS and Android, will allow users to buy and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Monacoin (MONA) and Lisk (LSK). The bitFlyer app […]
SME direct lender Beechbrook Capital has appointed Paul Whitehouse as investment director to head up deal origination and execution activity across the Midlands. With over 30 years’ experience, Paul joins from Lloyds Banking Group, where he spent the last two decades focusing on corporate and leveraged finance transactions across the Midlands. As well as his […]
The differential between store closures and openings has reached a five year high in the first half of 2019, where a net 1,234 shops closed doors on Britain’s top 500 high streets. This constitutes around 16 shop closures each day across the UK, often in response to increasing proportions of business moving online. The biggest […]
Metro Bank has announced a trio of fintech and SME partnerships, in a move that will support hundreds of thousands of SMEs up and down the country. The new partnerships come as Metro Bank sets about injecting much needed competition into the small business banking market – deploying the £120 million funding it was awarded […]
The British Business Bank has reaffirmed its commitment to supporting smaller businesses seeking finance through the SME Finance Charter, published on 9 October. The Charter was adopted at the first meeting of the new Business Finance Council, co-chaired by business secretary Andrea Leadsom and economic secretary to the treasury John Glen on 9 October. The […]
