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The UK Chancelor of the Exchequer extends CBILS

News | Payments General | 28 Sep 2020

The UK’s Chancelor of the Exchequer has reported intentions to extend the government loan schemes that have been helping SMEs stay afloat throughout the coronavirus pandemic. 

UK, Chancelor of the Exchequer, CBILS, government loan schemes, SMEs, coronavirus, pandemic, financial aid, fintechs, alternative lenders, accredited lenders, banks, CLBILS, Bounce Back Loans, loans, Future Fund, convertible loans, repayment, Pay As You Grow

Singapore-based lending platform Validus secures USD 20 mln investment

News | Payments General | 12 May 2020

The Singapore-based Peer-to-Peer (P2P) lending platform Validus has raised USD 20 million to help finance Small- to medium-sized businesses (SMBs).

Validus, Singapore, Southeast Asia, investment, P2P lending platform, peer to peer, SMB, small to medium business, growth capital, Series B, financing gap, accredited lenders, corporate vendor financing, COVID-19, working capital