B-North, the Manchester-based firm building an SME lending bank for the UK, has selected Newcastle Strategic Solutions Limited to provide its deposit-taking solution. B-North will be offering a range of fixed-term retail savings products when it launches in 2020, and will be using Newcastle Strategic Solutions for account opening and account management. Working with Newcastle […]
BigBlu Broadband plc (“BBB PLC”), the Oxfordshire-based AIM-listed satellite broadband provider, has secured £30m in new funding from Santander Corporate & Commercial to refinance existing debt and convertible loan notes. The new revolving credit facility will also provide headroom for future organic and acquisition-led growth. Led by co-founders CEO Andrew Walwyn and CTO Simon Clifton, […]
Ultimate Finance has partnered with Nivo to invest in facial recognition technology to make it quicker and easier to apply for funding. Nivo gives Ultimate Finance access to a range of leading technology services so they can streamline customer engagement through instant messaging. Features such as biometric ID verification and file sharing remove the traditional […]
Pulse Cashflow Finance have today announced a summary of their year-end results and they reveal continued growth as the firm gets set to celebrate a decade in business. In the year ending September 2019, their client portfolio showed strong growth year on year with a 24% increase in the number of finance facilities offered to […]
Henry Howard Finance Group has announced a change of name to Propel in support of the company’s strategic positioning as SME funder of choice and the name behind hundreds of UK equipment suppliers. ‘’Our Propel Promise, being small enough to care and deliver a brilliant personal service to our customers, and big enough to have […]
Together has announced it generated £1bn of applications through its flagship initiative. The Together+ scheme was launched in January to build stronger relationships between the lender and a select group of specialist distributers by providing them with exclusive products, underwriting, sales and marketing support. Nick Jones, the lender’s head of specialist distribution, said the scheme […]
The fintech holding Robocash Group has integrated its in-house P2P lending platform Robo.cash in Europe with its Singaporean company Robocash PTE. LTD. The latter will provide the European P2P investors with an opportunity to invest in the business development of the group in Southeast Asia. Moreover, this is the first opportunity in Europe to invest […]
From this week, Metro Bank is inviting selected small business customers to join a free beta trial of its forthcoming app-based receipt management technology. The Bank has partnered with Canadian technology firm Sensibill to offer this new feature which is free and will be available to all small business customers via the Metro Bank app […]
South Korea’s trade is set to experience moderate growth in the machinery and technology industries, offering some optimism amidst a continuing trade for the three-month period ending in January 2020, according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The DHL Global Trade Barometer, an early indicator […]
White Oak UK, one of the UK’s largest alternative providers of business finance, today announced it has broken through £1.5bn in lending on its own book. Carl D’Ammassa, CEO of White Oak UK, said: “This milestone comes at a time when SMEs are finding it increasingly challenging to secure business funding through more traditional methods, […]
