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Europe

Paragon partners with Alfa to transform commercial lending

Paragon Bank has announced the selection of Alfa, the creators of the Alfa Systems SaaS platform for asset finance providers, to drive its new Commercial Lending Transformation Programme. The initiative will replace legacy systems and streamline the entire end-to-end lending...

#Alfa#asset based lending#fintech

Ultimate Finance achieves record £342m loan book in 2024

Specialist asset-based lender Ultimate Finance has reported a record-breaking year in 2024, with a loan book reaching £342m and an…

#asset based lending#factoring#Ultimate Finance


EBRD and Bank Millennium launch first joint synthetic securitisation...

The European Bank for Reconstruction and Development (EBRD) is advancing the broader use of innovative financial instruments in Poland by…

#factoring#guarantee#receivables securitisation


EBA publishes final Guidelines on management of ESG risks

The European Banking Authority (EBA) has published its final Guidelines on the management of Environmental, Social and Governance (ESG) risks.…

#EBA#ESG#ESG risks


Grid Finance gains EIF backing to support Irish SMEs...

Grid Finance, an Irish SME and micro-enterprise lender, has secured a €1.5m loan from the European Investment Fund’s (EIF) InvestEU…

#Derek Foley Butler#EIF#European Investment Fund


Novuna Business Cash Flow expands strategic team

Novuna Business Cash Flow, a provider of cash flow finance solutions for UK SMEs and larger corporations, has announced a…

#Novuna Business Cash Flow#sme finance


STB CF promotes James Hodkinson to managing director

Secure Trust Bank Commercial Finance (STB CF), the asset-based lending (ABL) arm of Secure Trust Bank, has announced the promotion…

#James Hodkinson#John Bevan#Secure Trust Bank Commercial Finance


CFIT secures strategic coalition led by Mastercard and Lloyds...

The Centre for Finance, Innovation and Technology (CFIT) has struck an agreement with key industry partners that will see blue-chip…

#Centre for Finance#CFIT#Innovation and Technology


FXE names former Lloyds executive Paul Gordon as Non-Executive...

Funding Xchange (FXE), the leading provider of assisted lending and portfolio monitoring solutions that leverage smart background data, announces the…

#fintech#Funding Xchang#Managerial Appointments


Chris Walters joins Finastra as new CEO

Finastra, a global provider of financial services software applications, today announced a significant leadership transition. After nearly a decade of…

#factoring software#fintech#Managerial Appointment


Lendscape appoints Gareth Evans as Chief Revenue Officer

Gareth Evans joins Lendscape to scale revenue, build strategic partnerships, and enhance client value. Lendscape, a global leader in secured…

#Lendscape#Managerial Appointment


LSB review uncovers 102 areas for improvement in SME...

A review by the Lending Standards Board (LSB) of its registered firms’ application of the Standards of Lending Practice for…

#LSB#sme finance#SME lending

ICC UK launches roadmap to digitalise UK Trade

ICC United Kingdom, in partnership with the International Centre for Digital Trade and Innovation (iC4DTI), unveiled its highly anticipated report,…

#digitalisation#digitisation#ICC

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