SME Borrowing Tracker: SME Debt Repayments Slow but Continue to Eat into Pandemic Debt Pile
- 1 year 3 months ago
- Data
Analysis of the Bank of England’s data in Ebury’s quarterly SME Borrowing Tracker shows that debt repayments halved in Q3 2023 compared to the previous quarter but SMEs are continuing to pay down the significant debt pile accumulated through the pandemic.
Technology Paving Way for Organisations to Manage ESG Initiatives, New Data Finds
- 1 year 3 months ago
- Infrastructure
60% of British business leaders state that they don’t have an environmental, social, and corporate governance (ESG) strategy with key targets for their organization in place, a new survey of more than 6,600 senior executives has found.
Simplified Travel Expense Management: Spendesk Announces New Integration with TravelPerk
- 1 year 3 months ago
- Management
Spendesk, the spend management solution for SMBs, is excited to announce its integration with TravelPerk, the leading global travel management platform.
iwoca SME Expert Index: High Street Banks Reduce Appetite to Fund SMEs, with Worse yet to Come
- 1 year 3 months ago
- Data
Over eight in ten SME finance experts (83%) believe that high street banks are reducing their appetite to fund the UK’s 5.5m small and medium-sized businesses, according to iwoca’s latest Q3 2023 SME Expert Index.
High Return Rates Dull Black Friday’s Shine for Merchants
- 1 year 3 months ago
- Personal Finance
Merchants and consumers are increasingly dissatisfied with Black Friday as the cost-of-living crisis continues to hit profit margins and disposable income, at the start of this year’s critical sales period.
Adflex Automates Commercial Payments and Virtual Card Reading for Prompt, Pain-free Payments
- 1 year 3 months ago
- Payments
Digital B2B payments specialist, Adflex,
Fintech Savings Platform Flagstone Hits £10 Billion AUA Milestone as Banks and Brands Seek Better Cash Options for Their Customers
- 1 year 3 months ago
- Cash management
Assets under administration (AUA) at Flagstone, the UK’s leading cash deposit platform, have topped £10 billion for the first time, thanks to fast adoption of the company’s fintech solution and market-wide demand for competitive cash savings options.
Monument Raises over $50M (£40+ Million) in Successful Series B Funding Round
- 1 year 3 months ago
- Fundraising News
Monument (or the “Bank”) today announced that it has successfully completed its Series B funding round, having raised over $50 million (£40+m) , backed by a combination of existing and new investors. Since its inception, Monument has raised in excess of £100 million in equity capital, consistently achieving successive ‘up-rounds’. Positioned well with its ground-breaking technology, exceptional team, and well-capitalised backers, Monument is set...
Worldline Chosen by Goethe-Institut to Meet its Global Market Requirements for a Truly Localised Payment Experience
- 1 year 3 months ago
- Payments
Worldline, a global leader in payments services, has been selected by the Goethe-Institut, Germany’s cultural institute, operating worldwide, to provide optimised payment experiences to its consumers through integrated local payment methods in respective currencies. Operating through 158 branches in 98 countries around the world, the Goethe-Institut has been promoting knowledge of the German language and fostering international cultural...
TrueLayer Offers Instant, Cost-effective Payments through New Integration on Shopify’s Platform
- 1 year 3 months ago
- FinTech StartUps
TrueLayer, Europe’s leading open banking payments network, today announces its new payments app is now live in the Shopify App Store, allowing UK and EU merchants to add open banking payments to their checkout. Electronics retailer Maplin has gone live with the app, with further partners to be announced soon.
Performativ Secures €5.5M to Transform Europe's Underserved Wealth Management Sector
- 1 year 3 months ago
- Fundraising News
Performativ, a visionary leader in wealth management technology, has secured a €5.5 million seed investment led by FinTech Collective. This investment will supercharge Performativ’s mission to revolutionize the outdated and underserved wealth management industry across the continent.
Laser Digital Asset Management Launches Ethereum Adoption Fund for Institutional Investors
- 1 year 3 months ago
- Asset Management
Nomura's digital assets subsidiary, Laser Digital, today announces the launch of their Ethereum Adoption Fund. The Fund, which invests in long-only spot positions in Ethereum, also deploys a yield enhancement strategy by staking the Ethereum held by the fund.
CBI Entrusts Liminal Custody Solutions for Secure Non-Custodial Storage of Seized Digital Assets
- 1 year 3 months ago
- Security
Liminal Custody Solutions, a leading provider of digital asset custody, has taken a momentous stride in its mission to fortify the security and accessibility of India's digital asset ecosystem. As a trusted custodian of digital assets, Liminal was appointed by the Central Bureau of Investigation (CBI) to manage seized digital assets in a non-custodial manner securely, which they impounded during their investigations.
In Groupe Acquires E-ID Business From Nexi
- 1 year 3 months ago
- Payments
Nexi has entered into an agreement with
In Face of Shaky Economy, ACH Outages and Bank Failures, Paystand Ranks 210 on Deloitte Technology Fast 500 List of Fastest Growing U.S. Companies
- 1 year 3 months ago
- Payments
In the wake of the recent ACH outage, the creator of the ACH alternative—the Paystand B2B Network—is recognized on the
