Lloyds Bank: Business Confidence Falls Back in June from Previous Month’s High
- 7 months 2 weeks ago
- Banking
The latest Lloyds Bank Business Barometer has found that overall business confidence fell by 9 points to 41% in June. Despite falling from last month’s highs, this latest confidence reading is consistent with levels seen during Q1 2024, before the sharp rise in May.
Roger Morris Unveiled as Chetwood Financial's Group Distribution Director
- 7 months 2 weeks ago
- People Moves
Roger Morris has been unveiled as Chetwood Financial’s Group Distribution Director. Morris is one of the most well-known and respected voices in the UK’s mortgage industry. In a career stretching back more than 30 years, he has held a number of senior positions. He co-founded em Financial in 2001, before joining Affirmative Finance as Sales & Marketing Director in 2008.
Feather Secures €6 Million Funding Round Led by Keen Venture Partners
- 7 months 2 weeks ago
- Fundraising News
Feather, the pioneering digital insurance platform tailored for European expats, announced today the successful closure of a €6 million funding round. This investment was led by Keen Venture Partners, with significant participation from Plural and senior leaders from industry giants including Allianz, AXA, and Bastian. Notable investors joining Feather’s cap table include Monzo founder Tom Blomfield, Matt Robinson of GoCardless and Nested, N26’s...
Rainforest Raises $20M to Transform Embedded Payments for Software Platforms
- 7 months 2 weeks ago
- Fundraising News
Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.
Zeti Announces Series A Investment from HYCAP Group
- 7 months 2 weeks ago
- Fundraising News
Zeti, the award-winning innovator in fintech for clean transport adoption, today announced a £5m investment from HYCAP Group, the UK-based net zero energy transition investor, as part of Zeti’s series A financing. Zeti will join HYCAP’s rapidly growing portfolio of net zero assets and infrastructure companies, which already include Wrightbus, Ryze, Hygen and Yamna, as well as benefiting from HYCAP’s global reach and access to capital.
Buy Now, Pay Later Sezzle Expands Payment Streaks Program to Canadian Users
- 7 months 2 weeks ago
- Payments
Sezzle, the most popular Buy Now, Pay Later (BNPL) provider in Canada, is delighted to announce that its innovative Payment Streaks feature is now available to Canadian users. Following its successful launch among U.S. consumers, we are excited to bring this feature to Canada, rewarding Sezzle users for consistently making timely payments, promoting financial responsibility and enhancing the overall customer experience.
Nium Appoints Spencer Hanlon to Chief Operating Officer
- 7 months 2 weeks ago
- People Moves
Nium, the global leader in real-time cross-border payments, today announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium's Global Head of Travel, spearheading one of the company's fastest-growing business units. Hanlon joined Nium in 2021 via the acquisition of Ixaris Group Ltd., where he served as Chairman.
Medius Unveils Two Groundbreaking AI Solutions to Revolutionize Accounts Payable Efficiency
- 7 months 2 weeks ago
- Artificial Intelligence
Medius, a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations.
Slide Insurance Secures $175 Million Senior Credit Facility
- 7 months 2 weeks ago
- Fundraising News
Slide Insurance announced today that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner.
Simply Asset Finance Secures £120m Loan Facility from Bank of America
- 7 months 2 weeks ago
- Fundraising News
Bank of America has agreed a new facility with Simply Asset Finance, the specialist business lending provider, which will unlock the potential of £120 million of further funding for businesses across the UK. The initial facility is for a value of £60 million with an accordion to £120 million.
Mintos Launches Smart Cash to Maximize Cash Holdings via BlackRock-Managed Fund
- 7 months 2 weeks ago
- Cash management
Mintos, a leading multi-asset platform offering a unique mix of alternative and traditional investment options, is delighted to announce the launch of its latest product: Mintos Smart Cash. This new money market fund offering is a great addition to the loans, bonds, ETFs, and real estate already available on Mintos.
TerraPay Expands Americas Presence with Strategic Appointment of Juan Loraschi as Vice President - Head of North America
- 7 months 2 weeks ago
- People Moves
TerraPay, a global leader in money movement, is pleased to announce the appointment of Juan Loraschi as Vice President – Head of North America Business. This strategic addition underscores TerraPay's commitment to deepening its presence in the growing remittances market across the Americas.
Visa Expands Payment Options for Amazon Customers with Installment Plans
- 7 months 2 weeks ago
- Lending
Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choices at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases. This convenient payment option is now available and enables eligible consumers to convert their purchases into...
Gareth Jones is Set to Start at Atom Bank as the Chief Risk Officer
- 7 months 2 weeks ago
- People Moves
Gareth Jones is set to join Atom Bank as its new Chief Risk Officer, pending regulatory approval. He will succeed Chris Sparks, who is retiring after nine years at the bank. Jones comes to Atom Bank from The Co-operative Bank, where he served for 26 years, most recently as Chief Risk Officer. Throughout his career, he has held various roles in product, strategy, finance, and risk management.
Tribe Payments Appoints Andrew Hocking as CEO
- 7 months 2 weeks ago
- People Moves
Tribe Payments, the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has today announced the appointment of Andrew Hocking as its new CEO.
