Veritas is a specialist in commercial credit management services; through the partnership, MarketInvoice will be available to customers using the firm's VeritasVirtual platform; clients use this platform to monitor the status of outstanding payments and will now be able to obtain access to the MarketInvoice Pro credit line through the VeritasVirtual platform. Source
UK based challenger bank Monzo announced what their plans are for 2018; three specific areas they wanted to highlight were launching a feature to help customers manage bills, ending their prepare program and helping customers to switch to their payments platform; as the company continues to build out new features they said they plan to keep updating clients on a month by month basis. Source.
LandlordInvest has launched the UK's first secured property P2P lending innovative finance individual savings account (IFISA); the firm offers 5% to 12% returns on its loans and investors can now invest tax free with the IFISA; platform investments include bridge loans and term loans for buy-to-rent landlords; most of the firm's loans are for amounts ranging from 30,000 British pounds ($37,895) to 750,000 British pounds ($947,363) with a payoff term of five years; process for offering the IFISA took less than two months with approval obtained by HM Revenue and Customs shortly after the firm's Financial Conduct Authority approval in December. Source
