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Lenkie Secures £49M to Fund Business Supplier Payments and Accelerate Growth in UK

The SME finance landscape is undergoing a fundamental shift as banks retreat from business lending, leaving a staggering £22 billion SME funding gap in the UK. Cashflow management platform, Lenkie, has today announced £49 million in Series A funding to transform the way growing UK businesses access capital. The funding round, which includes £4 million in equity and a £45 million debt facility, was led by a large US private credit fund focussed on supporting lenders internationally. 

Wednesday, March 5, 2025 - 08:23
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Financial IT
WealthTech Start-Up Belong Raises Over £489K in Crowdfund Campaign

British wealthtech platform Belong has closed its first crowdfunding campaign with Crowdcube, hitting its £300,000 target in under five hours, and securing a total raise of over £489,000 from 330+ investors. The campaign went live on 10th February, gaining substantial momentum that resulted in Belong overfunding by 163%. 

Tuesday, March 4, 2025 - 16:27
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Financial IT
Rakuten TV Empowers Telco Companies in the Fast Market Through Its Enterprise Services

Rakuten TV, one of Europe’s leading streaming platforms, positions itself as a key enabler for telcos looking to expand their content offering in the growing FAST (Free Ad-Supported Streaming TV) market. Through Rakuten TV Enterprise Services, the company provides innovative solutions for the launch, distribution and monetisation of FAST channels. This announcement takes place at the Mobile World Congress (MWC).

Tuesday, March 4, 2025 - 13:57
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Financial IT
Accelerating Action: Driving Gender Equality in Tech and Beyond

This International Women’s Day theme “Accelerate Action” is incredibly relevant given the backdrop of DEI rollbacks in the US.  It requires intentional and constant effort for us to drive equality for underrepresented or marginalised groups. As women in technology, we are that - unrepresented. With women making up half of the global population, we all need to accelerate action at this moment, not slow down or be satisfied with our progress, to ensure we build inclusive hiring practices, company cultures, and career paths.

Tuesday, March 4, 2025 - 13:53
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Financial IT
Telefónica Opens a Dedicated Centre of Excellence for Quantum Technologies

Telefónica announced today during the Mobile World Congress (MWC) the creation of a Centre of Excellence dedicated to quantum technologies, around which the company's internal governance model within this field of knowledge will revolve. The announcement was made during the session ‘Present and future of Telefónica networks’, presented in the Agora of the company's stand by Enrique Blanco, global CTIO of Telefónica, and Andrea Folgueiras, CTIO of Telefónica Hispam and global GCTIO of the company from April.

Tuesday, March 4, 2025 - 13:49
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Financial IT
Binance Supports Global Fintech Institute to Advance Fintech Education in the AI & Crypto Era

Binance, the global blockchain ecosystem behind the world's largest cryptocurrency exchange, has announced its sponsorship and strategic support for the Global Fintech Institute (GFI) to advance fintech education, professional development and innovation.

Tuesday, March 4, 2025 - 12:52
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Financial IT
BNP Paribas Opens New IT Refurbishment and Remarketing Centre in France

BNP Paribas has opened a new IT refurbishment and remarketing centre in the Yvelines department (78), reinforcing its commitment to addressing the growing challenge of electronic waste in Europe. This investment aligns with BNP Paribas' commitment to advancing the circular economy by extending the lifecycle of IT equipment such as laptops, desktops, mobile phones and tablets.

Tuesday, March 4, 2025 - 12:39
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Financial IT
Zip Announces Partnership With GameStop

GameStop Corp. and Zip Co., the digital financial services company offering innovative, people-centered products, today announced a partnership in which Zip will be GameStop’s primary pay-in-installments service for online and in-store customers in the U.S.

Tuesday, March 4, 2025 - 12:35
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/news/lending/zip-announces-partnership-gamestop
Financial IT
Prommt, Chargebacks911 Partner to Revolutionize Transaction Protection

Chargebacks911, a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt, a leading innovator in cloud-bas

Tuesday, March 4, 2025 - 12:27
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Financial IT
From Gen Z to Gen E: The Rise of Generation Entrepreneur

Entrepreneurial spirit is high among women in Europe – particularly younger generations – in a bid to pursue their dreams, gain financial independence, improve work-life flexibility, and make a difference in the world.

New research from Mastercard, released ahead of International Women’s Day 2025, reveals four in ten (40%) women in Europe have considered running their own business with appetite from Portuguese (62%), Polish (47%) and Greek (46%) women surpassing the regional average.

Tuesday, March 4, 2025 - 11:14
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Financial IT

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