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Europe

Italy’s recourse factoring market boosted by EU-approved loan guarantee...

Italy’s recourse factoring sector is set to benefit from a new loan guarantee scheme (LGS) that has been approved by the EU Commission.  The EUR 10bn scheme comes at a politically and economically sensitive time for Italy with a snap...

#recourse factoring#supply chain finance

Marion King joins Bibby from Natwest

SME funder Bibby Financial Services (BFS) has appointed the former director of payments at NatWest Marion King as board member…

#Corporate appointments#NatWest


Allica Bank hires former HSBC director to manage working...

Fintech challenger bank Allica Bank has appointed Ian Flaxman to the newly created role of head of growth finance.With 30…

#Allica Bank#Corporate appointments#working capital


Banks in the Eurozone need to develop strategies for...

Luiza Buserska, Corporate Communications Executive at CODIX explains why it is increasingly clear that financial institutions need to urgently augment…

#CODIX#digitisation#ESG


Bibby provides £7m finance package to support business acquisition

Bibby Financial Services (BFS) has increased its funding support for MPL Home – a multi-disciplined business supplying goods such as…

#financial services#funding#invoice


Commerzbank and Deutsche Telekom to deliver fully automated supply...

German operator Deutsche Telekom and Commerzbank have partnered to develop digital supply chain systems with integrated financial services which use…

#Commerzbank#digitalisation#supply chain finance


Channel strengthens its presence in Europe

Channel, an alternative investment fund manager, is launching its new fintech branch, Channel Digital Europe based in the Netherlands. The…

#channel


British Business Bank to extend Recovery Loan Scheme

The British Business Bank (BBB) announced on Wednesday that a successor to the Recovery Loan Scheme (RLS) will be opening…

#bank#British business#invoice


Crystal Specialist Finance names new head of strategy

Mark Hutchings has joined Crystal Specialist Finance as head of strategy and group products. Hutchings joins from Berkeley Alexander Insurance…

#Corporate appointments


Funding Circle appoints new VP of engineering

Funding Circle, the UK's largest small business loan platform, announces the appointment of Bruno Tavares as VP of Engineering.Bruno has…

#Corporate appointments


Hero fintech start-up raises €12.4m after launch

Paris-based fintech start-up Hero has raised €12.4m (£10.5m) for its full-stack solution for SMEs. The funding comes just after 7…

#credit risk#invoice#Natixis


European banks not considering climate risk in their risk...

European banks are vulnerable to climate-related credit risks in the short term, yet most institutions have not yet included climate…

#ESG

One in five businesses struggle to remain competitive as...

In the wake of UK inflation reaching a 40-year high of 9.1%, Time Finance reveals its latest data around the…

#Grapple#Jobs#small business

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