Fintech business lender MarketFinance has secured an additional £50m from a range of investors including one of Israel’s largest asset managers, Viola Credit, to lend to UK SMEs under the HM Treasury and British Business Bank CBILS initiative. The announcement comes as MarketFinance launches a “unified application” process in which SMEs will, through one […]
Chartered Accountants Wylie & Bisset has questioned research from insolvency and restructuring trade body R3 that a steep rise in corporate insolvencies may start as early as October and is advising business owners to plan in advance for the conclusion of government assistance schemes while there is still time to restructure their operations. Donald McKinnon, […]
Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced the latest cloud-based Confirmation of Payee (CoP) service for UK based banks. The new overlay service became mandated by the UK’s Payment Systems Regulator in 2020 for the six largest banking groups in the UK. Any other […]
According to the latest job market data from the UK’s leading independent job board, CV-Library reveals that applications to finance jobs fell by 5.8% in August, despite the amount of jobs being advertised increasing by a steady 2.8% month-on-month. The job board analysed data from its site throughout the month of August and compared the […]
Supply@ME Capital plc, the innovative fintech platform which provides inventory monetisation services to European manufacturing and trading companies, is pleased to announce that it has signed a formal business alliance with Epic SIM (“Epic”) for inventory funding and client company origination. Epic is an investment company (known as a SIM in Italy) which is regulated […]
The Society of Motor Manufacturers and Traders (SMMT) today called on government to commit to significant long-term incentives for electric vehicle (EV) purchase and binding targets on charging infrastructure, as a new survey suggests almost half of UK motorists don’t feel ready to make the switch by 2035. The call was made as more than […]
Covering the four weeks 2 – 29 August 2020 According to BRC-ShopperTrak data: UK footfall decreased by 34.8% in August, with only a 7.3 percentage point improvement from July. This remains below the longer-term 12-month average decline of 27.6%. Footfall on high streets declined by 41.7% year on year. This was the worst performing location […]
Tech Nation, the growth platform for tech companies and leaders, today launches its Unlocking Global Tech report, assessing the value of UK digital tech exports and exploring the opportunities and challenges for digital tech companies to expand and scale in different regions around the world post Covid-19. The report found that the UK was the […]
Nivo has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Fintech, Nivo, designed its technology solution to meet the needs of specialist lending. Within its convenient messaging network, Nivo simplifies information gathering and checks using a range of fintech tools like biometric identity verification, open […]
Aldermore bank has today launched ‘Aldermore Connect’ – a series of regular, refreshed webinars that will be held live and on demand so that asset finance brokers can be fully equipped to provide the best support for SMEs across the UK. Aldermore ran a series of webinars throughout June, July and August covering topics such […]
