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Hampshire Trust Bank (HTB) is a digitally-focussed specialist bank staffed by experts that enable UK businesses to realise their ambitions. Primary operations include development finance, specialist mortgages and specialist business finance (including wholesale, block-discounting, structured asset finance and classic cars). HTB also provides award-winning savings accounts to individuals and businesses. With an ambitious growth target in mind, the bank targeted digital as key to its expansion.
TransferGo, one of the world’s fastest growing money transfer services, has today announced that it has partnered with IFX Payments, the UK-based foreign exchange and payments leader, to facilitate donations in up to 39 different currencies to Lithuania’s COVID-19 relief fund.
The Chancellor of the Exchequer today announced details of the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
Delivered by lenders accredited by the British Business Bank, the new scheme provides finance to mid-sized and larger UK businesses with turnover above £45m (the upper limit for the existing smaller-business focused CBILS).
The International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community, is pleased to announce it has partnered with Navigate Compliance to bring ICA education to the region.
Established in 2016, Navigate Compliance is a 100% women and youth-owned SMME specialising in regulatory compliance training and consultancy, working alongside professional bodies, corporates and higher education institutions in South Africa.
Stripe, which builds economic infrastructure for the internet, announced today an extension of its Series G round, raising an additional $600 million from investors including Andreessen Horowitz, General Catalyst, GV, and Sequoia. The financing takes place on the same terms and valuation as the Series G.
Mobeewave, a pioneer in contactless payment acceptance, is launching a suite of innovative new features that remove current contactless payment limits for merchants and consumers around the world using its tap-to-phone technology.
British Business Investments, a commercial subsidiary of the British Business Bank, has announced a new £15m commitment to Par Equity as the latest partner in its Regional Angels Programme.
The funds from British Business Investments will be invested by Par Equity alongside the Par EIS Fund and the Par Investor Network to deliver over £75m of new funding for scale-up businesses primarily in the North of England, Scotland and Northern Ireland.
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank to successfully execute trade finance distribution transactions using Blockchain technology. The cross-border transactions, which were completed with multiple based banks, were made possible through ADIB's partnership with TradeAssets, a trade finance e-marketplace powered by Blockchain technology to help digitize the traditional processes of origination and distribution of trade assets.
