LoopingOne, the most flexible KYC and Payments platform for marketplaces and platforms, has closed its first seed round from Ebury, one of the world’s largest fintech companies offering financial solutions to simplify international trade. The investment aims to further develop the LoopingOne product and start the Electronic Money Instiitution (EMI) application process at the Dutch […]
Monument, the challenger bank and specialist buy-to-let lender, has launched a digital buy-to-let loan calculator to allow mortgage intermediaries to check affordability levels quickly and effectively against the bank’s rental income requirements. The online calculator allows intermediaries to calculate the maximum borrowing amount, monthly repayments, and see the different rates available based on loan to […]
Pluto Finance has launched a new streamlined bridge product, offering a streamlined credit process for a variety of property assets from land to retail, with loan sizes from £750,000 to £5m, at up to 75% LTV, with rates starting at 0.44% per month. The new streamlined bridge product has been designed to improve responses to […]
Measuring in-store and online sales across all forms of payments, new data from Mastercard SpendingPulseTM shows the UK, along with Spain and France, led year-over-year spending growth in May among the countries measured, not adjusted for inflation. Key findings for the UK: UK growth has been particularly driven by in store sales which are up 42% on […]
The Midlands remains the UK’s hotspot for early-stage startups, according to Clarity, a new data asset from business advisory firm Quantuma. In a new report on the Midlands economy the firm also reveals that the region is driven by a thriving manufacturing sector, which also leads in terms of growth prospects compared to any other […]
FTSE 100 defensive nature is helping propel index slightly higher. Wall Street indices set to open lower after two sessions of gains. Warnings about recession amid high inflation ricochet around markets. Brent crude back above $120 a barrel as supply concerns continue. Bitcoin still hovering around $30,000 as shift away from risky assets continues. Susannah […]
Leonard Curtis Group has unveiled ambitious growth plans to double turnover to £50m in the next three years. The announcement comes nine months into a new relationship with North-West based investment office Arete Capital Partners, who invested £15m in the Group in partnership with Svella, a specialist in developing distressed and underperforming operating businesses. Leonard […]
Leading restructuring and insolvency firm, Moorfields Advisory, has announced the appointment of Milan Vuceljic as partner to strengthen its partnership team and continue its expansion. Milan has been with the firm for 2 years and leads the firm’s special investigations, personal and corporate restructuring teams. Milan has a high level of technical knowledge, particularly in […]
Brightstar Financial has launched a range of free summer webinars to help brokers to make the most of new opportunities and diversify their business. The award-winning specialist distributor will be hosting nine free webinars for brokers across two days on Tuesday 21 June and Wednesday 22 June. The webinars will cover a range of topics to […]
The burgeoning financial crisis plaguing consumers and small businesses, is causing a severe cashflow problem. It’s an extremely worrying picture and, unfortunately, things do not look like they will get better anytime soon. Luckily, an effective solution is at hand. Finance business, Payfor, represents a growing customer portfolio of SMEs boosting their cashflow with up to […]
