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Europe

Tranched secures US$3.4m to enhance asset-based financing through blockchain

Tranched, a London-based blockchain-powered platform for real-time asset-based financing, has raised US$3.4m in a seed round led by Speedinvest, with participation from Andreessen Horowitz’s Crypto Startup Accelerator (CSX) programme, Blockwall, Kima Ventures, and OVNI Capital. This funding will support Tranched’s...

#asset based lending#blockchain#fintech

EBRD and EU launch €120M SME Go Green initiative...

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are increasing support for green economy investments…

#EBRD#esg finance#sme finance


iwoca secures £200m in funding from Citi and Waterfall

iwoca, one of Europe’s largest SME lenders, has secured a £200m debt funding package from Citi and Waterfall Asset Management.…

#fintechs#management#smes


WFY’24: Czech factoring market saw little change in 2023

In 2023, the Czech economy shrank by 0.3 per cent due to high inflation and tight monetary policy, which dampened…

#factoring#Petr Fiala#Raiffeisen Bank


Taulia: Tackling late payments with flexibility

The late payment crisis for small businesses has firmly taken root in the UK. Thomas Mehlkopf, Head of Working Capital…

#Fair Payment Code#late payments#Supplier Survey


IFC and Erste Bank partner to boost MSME growth...

In a strategic move to bridge funding gaps for micro, small, and medium enterprises (MSMEs) and green initiatives in Serbia,…

#Erste Bank#green transition#IFC


Comments from industry specialists on BoE cutting interest rates...

Following the Bank of England (BoE) cutting rates as UK investments get boost following controversial Budget, industry specialists express their…

#Bank of England#Douglas Grant#Manx Financial


Newable secures £70m new funding to support SMEs exporters

Newable Commerce (Newable), part of the Newable Group, has announced an additional £70m funding which will help to supercharge its…

#Alex Scott#export#Hampshire Trust Bank


Time Finance opens new office to grow ABL and...

Leading independent business finance provider, Time Finance, has launched new office premises at The Square at Birchwood Boulevard as the…

#asset based lending#Ed Rimmer#Steve Nichols


Tradewind+ to streamline client onboarding

Tradewind Finance, a global trade finance firm that helps accelerate cash flow for businesses to support their growth, has unrolled…

#factoring#fintech#supply chain finance


Will the recent UK rules on commission disclosure in...

A recent UK Court of Appeal ruling on commission disclosure in the motor finance trade may have a significant impact…

#commission#commission disclosure#Court of Appeal


British Business Bank responds to Autumn Budget 2024

The British Business Bank welcomes the Chancellor of the Exchequer’s announcement at yesterday’s Autumn Budget confirming over £1bn of funding…

#British Business Bank#Louis Taylor#start up loans

BFS comments on UK budget announcement

With today’s UK budget announcement confirming a rise in both employers' national insurance payments and the rates of capital gains…

#BFS#Bibby Financial Services#Employment Allowance

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