Tandem, the UK’s greener digital bank, has secured £20 million in Tier 2 capital from Quilam Capital – a growth investor with expertise in the speciality finance sector.

The investment by Quilam further re-enforces the growth trajectory of Tandem as the business seeks to continue its mission of building the UK's leading purpose-led, profitable digital banking platform.

Surecomp® today announced that it has been placed in the Leaders Category of the IDC MarketScape: Worldwide Trade Finance Systems 2023 Vendor Assessment (doc #US49436622, 28 June 2023).

The EU Commission’s draft legislation for the future of payments in the European Union (EU) has been split into two main outcomes: the Third Payment Services Directive (PSD3) and Payment Services Regulation (PSR). As a payment institution (PI), we’ve been looking forward to the publishing of PSD3 and, in particular, its impact on open banking.

ClearCourse, a leading provider of industry-specific software and payments for UK SMEs, announces the appointment of FinTech veteran Nathan Best as Chief Operating Officer. Nathan brings a wealth of experience and expertise in leading growth businesses, building high-performing teams and always placing the voice of customer at the forefront of market-leading products and solutions.

The financial sector in Europe is undergoing a profound transition. The war in Ukraine, high inflation and the threat of recession have put pressure on the profitability of players. The figures speak for themselves: over 52 percent of the banks and wealth managers surveyed stated that they intend to tackle full-spectrum digitisation projects within the next two years in order to remain competitive. While more than 40 percent are already working on innovative concepts for their customer experience.

Working capital provider Accelerated Payments today announced the appointment of Chan Virk as Regional Director for the Midlands.  A highly experienced banking professional, Cha

The labour market today is extremely bureaucratic. Candidate selection, testing, and multi-stage interviews can take months, while a position remains open. The problem is so ingrained in our heads that a quick hire is considered a bad idea for both the company and the employee. However, the innovative service JobToday is ready to break this stereotype. It allows you to post a job advertisement in minutes and get a quick response to it. Let us tell you how it works.

Pleo, the fintech unicorn offering a smart business spend solution, today announced revenue and transaction volumes almost doubled in 2022. 

Pleo reports that the number of total monthly active users on the platform has also almost doubled since 2021, with demand for its business spend management tools remaining strong throughout 2022, showing market resilience despite the challenging economic environment. 

European consumers expect to receive the “VIP” treatment when it comes to marketing and interactions they have with brands, yet they remain concerned about the sharing, use, and protection of their personal data. 

Say goodbye to your expenses - 43% of finance professionals in businesses across the UK have reduced expenses to minimise the impact of inflation and tighter monetary conditions on their businesses.

Over a quarter (28%) have reduced their overheads by downsizing their office or reducing energy costs; 26% are increasing the use of technology/automation in their businesses; and 24% are planning to increase the prices of their services/ products.