British businesses are increasingly worried about access to funding, with new data showing banks are reducing SME lending.  

According to figures from fintech firm Iwoca, 77 per cent of brokers said that high street banks are reducing their appetite to fund SMEs. The information was collated from more than 100 SME finance brokers who submitted over 2,500 finance applications for SMEs in March. 

Nutanix has announced Nutanix Central, a cloud-delivered solution that provides a single console for visibility, monitoring, and management across public cloud, on-premises, hosted or edge infrastructure.

British Business Investments today announces it has increased its commitment to private credit provider Apera Asset Management by £30m. The increase, which follows an earlier commitment of £50m, brings the total commitment from British Business Investments to £80m.

The investment will be deployed through a Separate Managed Account (SMA), enabling British Business Investments to pursue a bespoke investment strategy and invest in UK companies only. The SMA has so far invested £48.3m in 15 companies.

Finastra, a global provider of financial software applications and marketplaces, today announced a new managed services partnership agreement with Luxoft, a DXC Technology company, to support Finastra’s Kondor customers in the Europe, Middle East and Africa (EMEA) region with their cloud transformation journeys. The strategic partnership expands the companies’ long-standing relationship, which has been in place since 2006.

The UK’s leading RentTech platform, Goodlord, has partnered with Tink, Europe’s leading open banking platform, to maintain its cutting-edge approach to the use of financial technology in tenancy referencing.

Goodlord, who first integrated open banking into its referencing offer in 2018, will use Tink’s Income Check technology to offer fast and effective referencing to tenants whilst improving its fraud detection capabilities. 

TS Imagine, the leading global, cross-asset class provider of trading, portfolio, and risk management solutions for financial institutions, today announces the availability of several next-generation features of its TradeSmart Fixed Income Execution Management System (EMS), all designed to immediately enhance workflow efficiency for traders operating within the $133T global bond market. 

LawBite and Handepay, part of the PayPoint Group, are delighted to announce a new partnership providing Handepay’s customers with access to LawBite’s legal advice and services, helping them to manage their business and legal needs more effectively.

Akurateco, a European-based white-label payment platform, has announced its integration with Pix, an instant payment method in Brazil, in collaboration with World-Card, a global payment solution provider. 

European Depositary Bank (“EDB”), the Luxembourg-headquartered provider of banking, depositary and custody solutions, today announces the appointment of Executive Management Board Member, Holger Barth as Global Head of Banking Depositary.

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