Divido, the multinational white label platform for point-of-purchase lending, today announces that it has been selected by Triumph Motorcycles, to deliver point-of-purchase finance on after-sale products across the UK.

Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors, today announced that it led a £50 million senior secured term loan to  Draper Esprit plc, the AIM-listed venture capital investor, which has supported entrepreneurial, fast-growing companies across Europe for over 20 years.

Enboarder, the leading cloud-based HR technology company that helps employers create engaging employee onboarding experiences, today announces it has closed £6.3 million in Series A financing. Greycroft, who participated in Enboarder’s previous funding round of £3.15 million, is the lead investor in the new Series A investment, which brings Enboarder’s total funding to £9.45 million. New investors, Next Coast Ventures and Stage 2 Capital also participated in the round.

Seven Dutch banks have recently started to introduce instant payments using the CSM (Clearing and Settlement Mechanism) system of equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], European leader in the payments and transactional services industry. Due to the large-scale launch of real-time payments in the Netherlands, equensWorldline has become the biggest processor of instant payments in the Eurozone, handling millions of instant payment transactions per week. 

DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced the opening of the DXC Innovation Centre in London for the company and its clients to develop and deliver high-impact digital solutions.

Yesterday, Facebook announced Libra, a stablecoin to be used for payment in WhatsApp and Facebook Messenger. Libra is a stablecoin pegged to a basket of fiat currencies to minimize fluctuation of its value.

TechCrunch writes: “Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees.”

Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, revealed today that 87% of financial decision makers in businesses across Great Britain are unable to recover more than half of their losses caused by fraud, with the figure rising to 93% among small and medium businesses specifically. The average financial loss through fraud sits at £240,092, with the majority of fraud losses having increased from within the £10,000-£49,000 bracket in 2018 to between £50,000 and £250,000 this year.

With just over two months to go until the 29 August 2019 PPI complaints deadline, the FCA is urging all UK consumers to make a decision, before it’s too late, about whether to complain about PPI.

SEI today announced the SEI Wealth PlatformSM (the Platform) has delivered a Costs and Charges reporting service, created in collaboration with FinoComp, a leading wealth management software development company.

KRM22 plc, the technology and software investment company, with a particular focus on risk management in capital markets, today announces that it has added further SMCR applications to the Global Risk Platform. This includes a partnership agreement with Neotas to distribute and support its enhanced due diligence application.