The number of people choosing to share their data through open banking has tripled since the start of the Covid-19 pandemic, according to the latest statistics from Experian.

Next-generation financial services platform Nium and global invoicing and payments platform Rimuut announced a strategic partnership that will allow Rimuut to leverage Nium’s vast payout network and speedy cross-border collection service.

Highlights:

Target Group, the FCA-regulated business processing and software provider, has today announced that the fintech mortgage lender, Perenna, has become the first client of its Mortgage Hub. The partnership,  which is set to launch later this year, will see the Mortgage Hub powering Perenna’s mortgage offering;  allowing it to provide decisions-in-principle within 20 seconds. 

The global early-stage venture capital firm Antler has closed their first Nordic fund. Following strong interest, Antler’s Nordic fund was oversubscribed, closing at $36m, including participation from Draper Esprit, Kistefos, the Danish state fund Vækstfonden, and the Norwegian state fund Investinor. 

Advice firms can now benefit from EQ Investors range of solutions being risk profiled on Dynamic Planner.  EQ Investors (EQ) is an award-winning B Corp discretionary fund manager focused on sustainable and impact investing and has been running sustainable portfolios since 2012.

Murex, the global leader in trading, risk management and processing solutions for capital markets, and Intesa Sanpaolo Group have successfully implemented Murex testing automation solution, an important step in Intesa’s continuous integration and continuous delivery (CICD) journey.

Commenting on UK GDP rising 2.1% in March, Ian Warwick, Managing Partner at Deepbridge Capital, said: “Today’s monthly GDP estimate reveals the fastest monthly growth since August 2020 and is further evidence that the economy is moving in the right direction at a significant pace.

Tide, the UK’s leading business financial platform^[1] and Sage, the market leader in cloud business management solutions today announced a new partnership, offering an integrated banking and accounting product for Tide members. 

GDP rising 2.1% in March, the fastest monthly growth since August 2020, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “The estimated rise in UK GDP for March is positive, falling in line with what we’d expect as restrictions are lifted and the economy reopens. However, we must remember that the UK’s SME debt burden is ballooning, and we are in serious danger of seeing a relentless flow of weak zombie-like companies falling off a loan default cliff.