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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
iwoca, one of Europe’s largest SME lenders, has secured a £200m debt funding package from Citi and Waterfall Asset Management.…
#fintechs#management#smes
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
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 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
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
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
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
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
Dojo, a leading payment technology provider, has announced a major milestone in its mission to support small and medium-sized enterprises…
#Amazon#fintechs#Flexible Funding
Optimum SME Finance Limited, a specialist invoice financier, is pleased to announce its acquisition by eCapital Commercial Finance Limited, a…
#Ant Persse#David Tilling#eCapital
Japanese banking institution Sumitomo Mitsui Banking Corporation (SMBC) has announced the establishment of a new division within its Global Trade…
#digitisation#Managerial Appointment#SMBC
Fasanara Capital, the alternative credit specialist with over US$4bn in assets under management, has announced the provision of a €250m…
#Barclays#Fasanara Capital#receivables securitisation