The percentage of landlords opting for two-year fixed rate buy-to-let mortgage products has reached a 12-month high with more landlords choosing shorter-term products compared to Q4 2018, according to Mortgages for Business. In Q4 2019, the proportion of landlords choosing two-year fixed rates had risen to 26% from just 8% in the previous year. The […]
Local relationship bank, Handelsbanken, has retained its top-ranking position in four of the five categories identified by the Competition and Markets Authority’s (CMA) independent service quality survey for business banking, for the fourth time today. Built on sustainable values and a purpose beyond profitability, Handelsbanken places a predominant focus on customer satisfaction, providing high levels […]
UK peer-to-peer lending platform Propifi, has unveiled the launch of a new Innovative Finance ISA eligible investment opportunity, which enables retail P2P investors to benefit from targeted quarterly returns. An easy to use peer-to-peer (P2P) commercial lending platform, Propifi was established in April 2018, with a clear ambition to cater for the growth in the […]
According to the results in 2019, the cumulative volume of consumer financing granted by the financial holding Robocash Group since its inception in 2013 exceeded $603m. The total number of customers reached 9 million. Remarkably, one-third of 4.2 million of new clients that the company served in 2019 alone came from South and Southeast Asia. […]
With 2019 being characterised by market uncertainty and static growth forecasts, it appears that small business leaders are starting the New Year with a different set of priorities. Over a third say they are looking to improve sales (38%) – but those looking to cut back on costs have significantly dropped from 35% to 20%. […]
Monese has announced the next step in its global expansion with the launch of Romanian currency accounts. The new RON account from Monese comes with a Romanian IBAN and Romanian language customer support, a first for a global fintech servicing customers in Romania. With Monese, customers can open multicurrency accounts within minutes. Using their existing […]
PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today been approved to become an issuer and processor of Visa. Through the partnership, PPS will be able to offer its customers, including fintech providers and challenger banks, full access to Visa’s products, including issuing Visa branded cards. Incorporating […]
Praetura Ventures, the Manchester-based investor that backs early-stage businesses in high-value sectors, has successfully closed its second EIS fund at £7m in a move that brings the total raised by the firm to £22m in less than 12 months. The £7m Praetura EIS 2020 Fund will enable the firm to continue to support the growth […]
International hotel property advisor, Christie & Co, has published its new hotel investment overview for 2019, which highlights the limited offer in hotel portfolios, as well as substantial changes in both the origin of the capital invested and the typology of the assets. Investment in resort destinations has stabilized, with a significant increase in interest […]
Nucleus Commercial Finance has today announced enhancements to its cashflow finance product, responding to feedback from brokers and broadening its appeal to more SMEs. The upper limit of the product has been raised and businesses can now borrow between £25,000 and £200,000 over the short to mid-term. This update comes shortly after Nucleus increased the […]
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