Articles with tag: backed

Found 12 results in 171 milliseconds.

UK-based lenders support 1.2 mln businesses amid pandemic

News | Payments General | 12 Aug 2020

UK-based lenders have provided support to over 1.2 million businesses through government-backed loan schemes, according to HM Treasury statistics. 

UK, United Kingdom, SMEs, lenders, loan, pandemic, government-backed loans, loan schemes, BBLS, CBILS, funding, small businesses, coronavirus, large businesses

UK-based businesses benefit from government-backed loan schemes

News | Payments General | 10 Aug 2020

The British Business Bank has announced that the regional distribution of loans under the CBILS and the BBLS matches the respective share of UK businesses in each region. 

UK, businesses, government backed loan, loan schemes, British Business Bank, CBILS, BBLS, loans, London, South East, East of England, North West

Credit Suisse seeks partnership with insurers

News | Payments General | 10 Aug 2020

Switzerland-based Credit Suisse has announced plans to expand cooperation with insurers, according to chairman.

Credit Suisse, Switzerland, insurers, cooperation, partnership, insurance, credit cards, events, retail clients, coronavirus, state backed loans, quick liquidity, banking services, retail business, Ping An, China

Thought Machine secures USD 42 mln in additional funding

News | Online & Mobile Banking | 28 Jul 2020

Thought Machine, a banking technology company, has raised an additional USD 42 million in funding for its series B round.

Thought Machine, banking, technology, Eurazeo Growth, British Patient Capital, SEB, Royal Park Partners, Draper Esprit, Lloyds Banking Group, IQ Capital, Backed, Playfair Capital, APAC, US, Australia, payments

UK-based alternative lenders' access to BoE's fund scheme blocked by incumbents

News | Payments General | 14 Jul 2020

HM Treasury has told non-bank lenders dishing out government-backed loans that they won’t have access to finance from the Bank of England, according to altfi.com. 

UK, alternative lenders, BoE, Bank of England, incumbents, HM Treasury, non-bank lenders, government-backed loans, British Business Bank, fintech loans, fintech

Starling Bank seeks GBP 35 mln in competition funding

News | Payments General | 03 Jul 2020

Starling Bank has planned to apply for grants worth up to GBP 35 million from an EU-backed competition fund that has already awarded it GBP 100 million.

Starling Bank, competition funding, grants, EU-backed competition fund, startup bank, BCR, Banking Competition Remedies, SMEs, small business market, alternative remedies fund, Royal Bank of Scotland, UK, United Kingdom, banking market, EU state aid rules

UBI Banca, finleap connect to launch digital platform for salary backed loans

News | Online & Mobile Banking | 03 Jul 2020

Italy-based UBI Banca has partnered with fintech ecosystem finleap connect to launch a platform which will allow customers to obtain salary backed loans.

UBI Banca, finleap connect, digital platform, salary backed loans, prestifatto.it, online loans

Greensill, Metro Bank, OakNorth, and Secure Trust Bank join CLBILS

News | Payments General | 11 Jun 2020

The British Business Bank has announced new lenders added to its coronavirus lending schemes.

Greensill, Metro Bank, OakNorth, Secure Trust Bank, CLBILS, lenders, British Business Bank, UK, coronavirus, lending scheme, government-backed loans, Growth Lending, inFund, Invocap, NEL Fund Managers, Triple Point, Paragon Bank, CBILS, Bounce Back Loans

Merkado, Kapital Connection to offer financing solutions to India-based businesses

News | E-invoicing, SCF & E-procurement | 09 Jun 2020

India-based digital solution provider Merkado and Singapore-based fintech Kapital Connection have signed a Memorandum of Understanding to provide financing facilities to businesses.

Merkado, Kapital Connection, cloud platform, fintech, India, financing solution, SME, EMI, loan, cashflow, digital marketplace, financial institutions, equity, debt financing, capital loan, invoice, project financing, asset-backed lending

MarketFinance, Capital on Tap secure CBILS and Bounce Back Loan approvals

News | Payments General | 13 May 2020

The British Business Bank has approved MarketFinance and Capital on Tap, among other lenders, for accreditation under both the CBILS and BBL schemes.

MarketFinance, Capital on Tap, British Business Bank, CBILS, BBL, Bounce Back Loan, Bank Leumi, Shawbrook Bank, Bank of Ireland UK, Skipton Business Finance, SME, government-backed guarantee, loans, Starling Bank, OakNorth, Funding Circle

Perth Mint Gold Token issued by InfiniGold begins trading on KuCoin exchange

News | Cryptocurrencies | 25 Feb 2020

The Perth Mint Gold Token (PMGT), a digital token backed by government guaranteed gold, has begun trading on the KuCoin exchange.

Perth Mint Gold Token, token, gold backed assets, KuCoin,

Binance receives NYDFS approval to roll out dollar-backed stablecoin

News | Cryptocurrencies | 09 Sep 2019

Cryptocurrency exchange Binance has announced plans to launch a dollar-backed stablecoin in the US as it received approval from the New York Department of Financial Services (NYDFS).

Binance, cryptocurrency exchange, stablecoin, dollar backed, Tezos, Binance, New York Department of Financial Services, Bitcoin, Paxos, BUSD