Posts Tagged ‘sme lending’
CFIT outlines second phase of Open Finance Coalition
The second phase of CFIT’s inaugural coalition is focused on enhancing financial access for vulnerable consumers and SMEs.
Read MoreFunding Xchange secures Series B funding from Barclays
Managing director of Funding Xchange Sarah Hollyhead called the investment from Barclays “transformational”.
Read MoreCountingup, iwoca partnership accelerates access to business finance
Iwoca’s flexible business loans have been integrated into the Countingup app, as a complement to its accounting and tax features.
Read MoreQ&A: Deutsche Bank’s Joris Hensen on the launch of its bank-wide API platform
Joris Hensen, founder and co-lead of Deutsche Bank’s API program, explains why building and offering APIs “may take more time than expected”.
Read MoreUK challenger Alba Bank appoints chief risk officer and chair as it readies for launch
Andrew Lewis joins as chief risk officer from Aldermore Bank and has previously worked at NatWest, while current Metro Bank chair Robert Sharpe will chair the board.
Read MoreSAP Fioneer addresses payments ‘pain points’ with Mastercard partnership
The financial services software solutions provider has integrated Mastercard’s commercial payments and Open Banking capabilities into its card management, embedded finance and SME lending platforms.
Read MoreLHV Bank teams up with Raisin UK to move into personal savings market
The bank wants to introduce more choice and competition into the UK’s savings market.
Read MoreUK challenger banks lend more to SMEs in 2022 than incumbent banks
The UK’s challenger and specialist banks lent £35.5 billion to small businesses in 2022, exceeding the amount lent by incumbent banks.
Read MoreUK lenders call on government to support better data sharing to help SMEs access funding
In an open letter, signed by lenders including Atom Bank, Funding Circle, Allica Bank, Plaid and Codat, they propose an SME Funding Passport.
Read MoreEuropean businesses expect rising BaaS adoption as consumers embrace embedded finance
Research by Vodeno and Aion Bank found business leaders also expect tech firms to increasingly move into financial services.
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