Marc Roberts is the general counsel for German fintech Raisin and the founding president of the European Fintech Association; while...
Monzo has officially launched their first product for businesses; the bank has shared that they hope to be profitable in...
CEO Norris Koppel says it’s part of a broader push into credit and lending.
The specific criteria of the scheme currently excludes 750,000 UK firms from accessing vital funding and software. So will there be change?
The Vision Fund is a $100 billion investment portfolio and recently participated in a $440 million round in the challenger...
Revolut recently shared that they had crossed one million customers in Ireland; now the digital bank is being accused by...
While the coronavirus continues to take most of the headlines the UK Chancellor Rishi Sunak released the 2020 budget; the...
According to Financial Times, this marks the first commercially viable trade finance deal using the blockchain; the trade was completed...
RateSetter has sold non-performing debt to debt purchaser 1st Credit; source says the sale was for 2.1 million British pounds ($2.6 million) of non-performing loans originated between 2010 and 2015; the sale goes beyond the company's standard plans for default collection and coverage which include support from one of the industry's most well-known provision funds; the RateSetter Provision Fund promises to cover defaults for borrowers and is valued at approximately 22 million British pounds ($27.2 million); with expected losses of approximately 19 million British pounds ($23.5 million) it currently has a coverage ratio of 118%. Source
What Banking For The Unbanked Means For You PPP spotlights shortcomings in credit unions’ small-business push Splitit is quickly adding...