Ziglu, the challenger and fully FCA authorised Electronic Money Institution, has announced the appointment of James Sullivan as its Chief Legal Officer.

James joins Ziglu from Monzo where he was Head of Legal and Acting Company Secretary. At Ziglu, his key responsibilities will include growing the team, supporting and protecting the business as it continues on its trajectory of product growth and international expansion.

A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020.

As of October 29, OPR-Bedrijfskrediet is live with Vilja Line of Credit for SME customers in the Netherlands.

OPR-Bedrijfskrediet helps entrepreneurs to adjust the company’s finances and highly variable cash flows by providing business loans in a fast and transparent manner. Vilja Line of Credit solution simplifies the way a company can drive new revenue streams and has the quickest time-to-market when it comes to both create and launch new products for SME customers.