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CBILS

News Roundup
·Sep. 14, 2020

Should the UK’s Loan Guarantee Scheme, a Lifeline to Fintech, Be Extended?

[Editor’s note: This is a guest post from Ryan Weeks, formerly with Dow Jones and AltFi, covering fintech. This is...
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EuropeUSA
·Jul. 16, 2020

British Business Bank approves Bank of India and Silicon Valley Bank

The British Business Bank (BBB) has approved The Bank of India  and Silicon Valley Bank to deliver the Coronavirus Business...
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FintechNews RoundupUSA
·May. 21, 2020

Core Issues Facing Bounce Back Loan Scheme Lenders

The Bounce Back Loan Scheme (BBLS) has recently ignited an uproar on social media which can be traced to a...
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EuropeFintechNews Roundup
·May. 13, 2020

Starling Lending £300m Million under CBILS through Funding Circle Partnership

The strategic partnership is intended to increase funds available to smaller firms during the current pandemic; Starling is lending via...
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EuropeFintechNews Roundup
·Apr. 16, 2020

UK Banks Approved Only 6,000 SME Loans So Far

UK banks have only approved 6,000 loans for £1.1bn to SMEs as they slowly start to roll out the Coronavirus...
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EuropeFintech
·Aug. 3, 2020

Iwoca Raises £100mn for CBILS Lending

Online small business lender iwoca has raised £100mn to help deliver loans through the CBILS program; the capital came from...
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EuropeFintechUSA
·Jul. 8, 2020

Funding Circle Releases an Update on UK and US Business

Funding Circle released a trading update today that provides some insight into how they are doing in the UK and...
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FintechNews RoundupUSA
·May. 18, 2020

Starling Bank Sees Strong Demand for Bounce Back Loans

AltFi reports on Starling’s progress in participating in the Bounce Back Loan program; so far they have received 18,000 applications...
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EuropeFintechNews Roundup
·May. 6, 2020

The UK Fintechs Involved in Government Backed Loans

The UK government now has three schemes including the Coronavirus Business Interruption Loan Scheme (CBILS), Coronavirus Large Business Interruption Loan...
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EuropeFintechNews Roundup
·Mar. 26, 2020

UK Digital Banks Waiting to Hear if They Can Help Small Businesses with Government-Backed Loans

Reuters reports the several digital banks in the UK are still awaiting word whether they can offer government-backed loans to...
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