Posts Tagged ‘sme’
Tide opens platform to non-account holder SMEs
The Open Access move aims to introduce competition to the market, using Open Banking to make its range of finance and admin products on the Tide platform available to businesses, without them having to open a Tide business account.
Read MoreAllica Bank buys SME lending portfolio from AIB
The deal will see the challenger bank acquire around 2,000 SME borrowers from AIB Group, which is exiting the UK SME market, and brings forward its target profitability date to mid-2022.
Read MoreCodat enters Australia and New Zealand
The London-based API provider has partnered with Australia’s Judo Bank and has hired Matthew Tyrrell as APAC commercial director.
Read MoreInsight: How small businesses can ride the virtual cards revolution
Tradeshift Go’s Mason Burr writes about why small businesses might want to make the move from plastic to virtual cards.
Read MoreThe Paypers releases new Open Banking report
The 2021 edition provides insight from across the industry on the state of Open Banking globally, featuring editorials from Deutsche Bank, Mambu, Token, TrueLayer, INNOPAY and Plaid.
Read MoreQ&A: Mambu’s Eelco-Jan Boonstra on communicating the value of Open Banking
Open Banking Expo’s Ellie Duncan caught up with Eelco-Jan Boonstra, managing director of EMEA at Mambu, to discuss how banks and fintechs can better communicate the value of Open Banking to end consumers and how the industry stepped up during the pandemic to meet SMEs’ needs.
Read MoreTuum teams up with LHV UK to expand services
The modular core banking platform has partnered with payment services provider LHV UK to become ‘a one-stop-shop for aspiring fintechs’.
Read MoreInsight: Fintech’s vital role in bolstering SMEs’ recovery
Tomato pay CEO Nicholas Heller writes about the power of fintechs to support small businesses and sole traders as they emerge from the pandemic.
Read MoreMarketFinance raises £280m as it becomes Recovery Loan Scheme lender
The debt and equity fundraise means that the lender will be able to lend immediately through the British Business Bank’s scheme.
Read MoreNucleus Commercial Finance lends £2bn to SMEs
The ‘milestone’ was reached after it lent more than £450 million to UK SMEs in 2020.
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