Oxbury, Britain’s first and only fintech 100% dedicated to farming, with a full UK banking licence and powerful AgTech proposition supporting agriculture’s critical transition to net zero, has reported is financial results for 2023, achieving annual profitability for the first time – with over £3 million of pre-tax profit. 

The latest Lloyds Bank Business Barometer has found that overall business confidence fell by 9 points to 41% in June. Despite falling from last month’s highs, this latest confidence reading is consistent with levels seen during Q1 2024, before the sharp rise in May.

Roger Morris has been unveiled as Chetwood Financial’s Group Distribution Director.

Morris is one of the most well-known and respected voices in the UK’s mortgage industry. In a career stretching back more than 30 years, he has held a number of senior positions. He co-founded em Financial in 2001, before joining Affirmative Finance as Sales & Marketing Director in 2008.

Feather, the pioneering digital insurance platform tailored for European expats, announced today the successful closure of a €6 million funding round. This investment was led by Keen Venture Partners, with significant participation from Plural and senior leaders from industry giants including Allianz, AXA, and Bastian. Notable investors joining Feather’s cap table include Monzo founder Tom Blomfield, Matt Robinson of GoCardless and Nested, N26’s CTO Gino Cordt, and Oyster founder Tony Jamous.

Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.

Zeti, the award-winning innovator in fintech for clean transport adoption, today announced a £5m investment from HYCAP Group, the UK-based net zero energy transition investor, as part of Zeti’s series A financing.

Zeti will join HYCAP’s rapidly growing portfolio of net zero assets and infrastructure companies, which already include Wrightbus, Ryze, Hygen and Yamna, as well as benefiting from HYCAP’s global reach and access to capital.

Sezzle, the most popular Buy Now, Pay Later (BNPL) provider in Canada, is delighted to announce that its innovative Payment Streaks feature is now available to Canadian users. Following its successful launch among U.S. consumers, we are excited to bring this feature to Canada, rewarding Sezzle users for consistently making timely payments, promoting financial responsibility and enhancing the overall customer experience.

Medius, a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations.

Nium, the global leader in real-time cross-border payments, today announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium's Global Head of Travel, spearheading one of the company's fastest-growing business units. Hanlon joined Nium in 2021 via the acquisition of Ixaris Group Ltd., where he served as Chairman.