SimplyBiz Mortgages Adds MPowered Mortgages to Panel
- 3 years 10 months ago
- Lending
SimplyBiz Mortgages has added new lender MPowered Mortgages to its lender panel. MPowered Mortgages, brought to you by MQube, offers lending for buy-to-let individual, limited company and portfolio landlords, now available to members of SimplyBiz Mortgages.
Glenhawk to Partner with Twenty7Tec as it Eyes Further Loan Book Growth
- 3 years 10 months ago
- Lending
Glenhawk, the fast-growing UK challenger lender, has partnered with mortgage platform provider Twenty7Tec. Glenhawk’s regulated products will be available on Twenty7Tec’s proprietary SOURCE platform, which has seen a significant increase in users during the pandemic, as a result of the resilient homeowner market and continued retrenchment of the high street banks.
Recovery Loan Scheme Opens to Support Businesses as they Recover from the Pandemic
- 3 years 10 months ago
- Lending
The Recovery Loan Scheme, a new scheme to support access to finance for UK businesses as they recover and grow following the pandemic, opens to applications from today. The scheme, announced at the Budget on 3 March 2021, is scheduled to run until 31 December 2021, subject to review.
NatWest Offers Businesses up to £1million of Cashflow Support to Aid Recovery
NatWest has today announced that it will offer SMEs up to £1million of cashflow funding through its digital overdraft alternative Rapid Cash, as it looks to support UK SMEs as they enter the next phase of economic recovery.
HPD Lendscape Expands Mangement Team With CFO Hire
- 3 years 10 months ago
- Lending, People Moves
HPD Lendscape, a leading international secured lending platform vendor, has appointed Geoff Snowden as its new Chief Financial Officer to oversee strategic expansion projects to drive its ambitious growth strategy. Geoff brings a wealth of experience to the company and has more than 15 years’ experience in the media, tech, data and professional services sectors.
£50m Small Business Fund Launched to Help Businesses Recover Post-Covid
One of the UK’s top alternative SME fintech lenders has announced a new £50 million Small Business Fund, which has been created to support SMEs that require additional finance to kickstart their recovery. Capify, which has provided finance to thousands of small and medium-sized businesses for more than a decade, will now offer business funding of up to £1m specifically to help the UK’s small businesses post-Covid.
LenDenClub is Now the First P2P Lending Platform on Google Pay
- 3 years 10 months ago
- Lending
LenDenClub, one of the leading peer-to-peer (P2P) lending platforms in India, today said that it has integrated with Google Pay and is now live on its platform. It is the first P2P lending company to integrate with the tech platform. With this integration, customers of GPay can now lend and borrow through LenDenClub as seamlessly as they can make payments through the platform.
Inclusive Female-led Lender Approves £4M to UK SMEs in 12 Months of CBILS
- 3 years 11 months ago
- Lending
A year since it was awarded CBILS lender status, responsible lender, AskIf, can now reveal it has approved close to £4m to deserving SMEs and micro businesses, playing an essential role in the national push to help businesses survive and thrive. AskIf has delivered on its mission to be an inclusive lender with 17% of CBILS loans distributed to BAME-owned businesses, and 22% to female-led businesses.
mPokket Announces Appointment of New Chief Financial Officer
- 3 years 11 months ago
- Lending, People Moves
mPokket – an Instant Loan App providing loans to college students and young working professionals – has appointed Mr. Sanjoy Kumar Agarwal as their new Chief Financial Officer (CFO). Mr. Agarwal will manage the financial operations at mPokket. He will be responsible for creating robust, iterative development plans for long-term strategy while resolving key financial issues. His role will be critical in achieving core business objectives, while... more
IndiaLends Кaises US$5.1M From Existing Investors ACP Partners and DSG Consumer Partners
- 3 years 11 months ago
- Lending, Platform Technology
Major digital lending platform IndiaLends has raised US$5.1 million in a financing led by existing investors ACP Partners and DSG Consumer Partners. The Delhi NCR based firm will use the funds to expand its technology platform, increase its market footprint and amplify its product offerings to meet the pent-up demand in a post-COVID economic recovery.
Landbay and Allica Bank Launch Five-Year Partnership with Funding to Support Expansion of BTL Portfolio
- 3 years 11 months ago
- Lending
Landbay, one of the UK’s leading mortgage lending platforms, has launched a new five-year funding partnership worth £200m of originations per annum. Landbay has partnered with Allica Bank to fund its buy-to-let mortgages over the next five years. Allica Bank, the leading challenger bank for established small and medium-sized enterprises (SMEs), will fund a range of residential buy-to-let mortgages originated by Landbay.
Robocash Group Issued 1Bn USD Worth of Loans
- 3 years 11 months ago
- Artificial Intelligence, Lending, Financial
The group notes that the volume of loans has been increasing annually since its inception. There was a particularly strong growth in the last quarter of 2020 and in 2021, which confirms a rising demand for alternative lending.
Nivo to Partner with Sercle, Omnio’s Credit Union Business
- 3 years 11 months ago
- Lending
Sercle, the Credit Union arm of Omnio Group has announced its partnership with Nivo to integrate its services with Omnio’s market leading platform. Through the partnership, every Sercle Credit Union can offer members a market-leading mobile experience with full access to Nivo’s secure messaging and onboarding technology.
HPD LENDSCAPE Renews Commitment to Spanish Market by Becoming Official Member of the Spanish Association of Factoring
HPD Lendscape, a leading international secured-lending platform vendor, today announces that it has become an official member of The Spanish Association of Factoring (AEF). The announcement comes at a time when HPD Lendscape is particularly focused on serving the Iberian market, having just launched a new Spanish-language website.
Leading European Fintech Capital on Tap Launches SMB Credit Card in the US
- 3 years 11 months ago
- Lending
Capital on Tap, a leading European Digital B2B lender listed by Forbes as one of the fastest-growing companies in the UK is launching in the United States, providing access to much-needed financial support for American small and medium-sized businesses (SMBs) through its innovative business credit card proposition. Capital on Tap is partnering with WebBank, which is the issuer and lender in the Capital on Tap credit card program.
