Zenobē Energy, one of the UK’s largest independent owners and operators of battery storage, has secured up to £20m of contracted receivables funding from NatWest Specialist Structured Finance, to support the continued growth of the company in the EV sector. This follows on from last year’s successful raise of £35m of equity from JERA Co. […]
Digital Transformation in the finance sector will be the sweet spot for M&A and investment for the remainder of 2020, according to technology-focused investment bank, ICON Corporate Finance. ICON believes that Digital Transformation across all industry sectors has accelerated to become the most pressing priority for organisations in the aftermath of Covid-19. ICON predicts, this […]
Equiniti, the international technology-led services and payments specialist, is delighted to announce that it is becoming EQ. EQ provides accessible digital services for regulated markets. It specialises in equity and investment products, pensions, payments and regtech, and performs administration and payment services for c.70 of the FTSE 100. The new label, EQ, aligns the company’s […]
March 2020 saw the beginning of worldwide lockdown measures that forced the majority of businesses worldwide to work remotely in response to Covid-19. Organisations quickly pivoted their operations from office environments to work-from-home (WFH) models, significantly impacting productivity, performance, and security. These are among the findings of the “2020 Work-from-Home IT Impact Study,” Commissioned by […]
Thought Machine, the cloud native core banking technology firm, today announced it has teamed up with RegTech leader TruNarrative to provide Atom bank groundbreaking financial crime prevention and core banking capabilities. This partnership has enabled Atom to use the TruNarrative platform to conduct a full suite of real-time AML transactional monitoring processes built on top […]
The sole trader solution is a vital part of PagoFX’s roadmap, to accommodate everyone from freelance creative professionals, to tech developers, to microbusinesses and home crafters. Anyone can take advantage of PagoFX, regardless of the bank they use. In the near future the service will also be offered to small & medium size companies. PagoFX, […]
LendInvest, the UK’s leading platform for property finance, has joined Sesame and PMS’s lender panel to ramp up distribution of its buy-to-let and ridging products. The network and mortgage club’s member firms will now be able to register with LendInvest and access its full range of buy-to-let and HMO mortgage products as well as unregulated […]
MCI Club has integrated its digital broker platform Burrow into Knowledge Bank’s API to provide brokers with up-to-date criteria information when qualifying new and existing mortgage customers. Through the Burrow platform, potential borrowers coming from search engines, a broker’s website or other channels, by answering just a small set of questions, will receive a qualified, […]
Credit insurers Nimbla and ABL operating system Dancerace have partnered to increase SMEs’ access to credit insurance when they apply for invoice finance. The move is designed to help increase SMEs’ confidence at a time when many firms are facing increased defaults by customers. With demand for cover likely to increase in coming months, the […]
An AI powered digital waiter and menu service, w8r.ai has launched to help restaurants, cafes and bars to safely re-open their doors as lockdown restrictions begin to be lifted. The service removes the need for physical menus and lets customers order food and drink directly to their table from their own phone, increasing staff and […]
