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Updraft gets GBP 16 mln in funding

News | Online & Mobile Banking | 04 Dec 2020

UK-based money management app Updraft has closed GBP 16 million in equity and debt from investors.

Updraft, funding round, money management, mobile banking, online banking, Future Fund, Open Banking, credit report, borrowing

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