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Europe

Funding Circle becomes first P2P lender accredited for RLS

Funding Circle is the first peer-to-peer lending platform approved by... (more…)

#bank#British business#CBILS

BBB adds more lenders to RLS scheme

The British Business Bank (BBB) has accredited Close Brothers to... (more…)

#Recovery Loan Scheme#RLS


Euler Hermes: Public debt in Eurozone to return to...

A return of public debt to pre-crisis levels is clearly not possible by 2035 for most... (more…)

#Allianz#COVID#COVID-19


Administrators of Greensill recovered US$3.7bn in assets under management

Administrators to collapsed firm Greensill Capital’s UK business said it had... (more…)

#Greensill


Banca IFIS rescues Aigis Banca after Greensill collapse

Banca IFIS has bought the healthy assets of Aigis Banca for... (more…)

#Banca IFIS#Greensill


French state support for order financing to expire end...

Based on the state guarantee, an accelerated factoring system... (more…)

#order financing


Manchester fintech launches invoice finance platform

Manchester-based fintech start-up...today announces the... (more…)

#cash-flow#invoice#liquidity


Optimum Finance appoints new CFO

Specialist SME invoice finance company Optimum Finance has recruited Vicky Williams as Chief Financial Officer.Following the appointment of CTO Gordon…

#Optimum Finance


Pulse Cashflow expands Midlands team with new Regional Director...

Pulse Cashflow Finance have announced the appointment of... (more…)

#Pulse Cashflow


German factoring up in 2020 despite corona crisis

Despite a significant decline in sales in the German economy, factoring rrecorded even an increase... (more…)

#bank#German economy#German Factoring Association


German company completes first blockchain trade finance pilot on...

Global industrial product manufacturer, Börger GmbH, recently achieved a milestone... (more…)

#blockchain#Corda#international


Spanish stock exchange to test blockchain-based SME financing system

Following a successful pilot run back in 2020, the Spanish stock exchange... (more…)

#blockchain

Coface: more insolvencies in the pipeline in Germany

Insolvencies in Germany dropped significantly in 2020 compared to 2019, despite the... (more…)

#insolvencies

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