Search Results for: CBILS loans

MarketFinance awarded £10m grant to bring choice and competition in supporting more businesses
Business Fintech News

MarketFinance Becomes CBILS Lender to Speed up Finance to UK Businesses

Fintech News Desk
Fintech business lender MarketFinance has been accredited by the British Business Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS). Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software The Coronavirus Business Interruption Loan Scheme is designed to......
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ThinCats Improves The SME Lending Experience For Clients With nCino’s Digital Banking Platform

Fintech News Desk
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that leading alternative mid-sized business lender, ThinCats, is expanding its use of the nCino Bank Operating System® across its wider SME lending processes. The extension follows the successful deployment......
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Global Fintech Interview with Valentina Kristensen, Corporate Affairs Director at OakNorth

Could you please tell us a little bit about the history of OakNorth and the journey to date? OakNorth was founded in September 2015 with one fundamental purpose: to serve and empower small-to-medium sized businesses (£1m-£100m turnover) that were seeking to scale but were routinely underserved or overlooked by traditional......
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Tech Print On Fintech Core Offerings- APAC Region

Pooja Choudhary
With the breakneck pace of AI, it looks so easy from the outside, but once you try to understand the depth of fintech, it’s like getting lost in a dark cave. As a challenge, this blog shall find you a way out and remove all your possible doubts. It’s not......
MarketFinance Raises Debt Financing From Deutsche Bank to Support £100M of New Lending to UK SMEs, Sole Traders and Partnerships
Lending News

MarketFinance Raises Debt Financing From Deutsche Bank to Support £100M of New Lending to UK SMEs, Sole Traders and Partnerships

Fintech News Desk
The funding will help MarketFinance provide up to £100m of lending to UK SMEs MarketFinance, the leading fintech credit and payments company, announced a debt raise from Deutsche Bank which the company will use to part fund up to £100m of lending to support strong, well-managed SME businesses with their......
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Business Fintech News

MarketFinance in Pole Position as it Raises £280 Million and is Approved for Recovery Loan Scheme Lending

Fintech News Desk
MarketFinance launches Flex Loans, an unsecured flexible facility to help SMEs solve their day to day cash flow problems Fintech business lender MarketFinance has announced a £280m debt and equity fundraise and its accreditation under the Recovery Loan Scheme (RLS). This comes after MarketFinance became one of the first fintechs to be accredited......
Platinum Bank Quickly Deploys the nCino Bank Operating System to Streamline Business Lending
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Cynergy Bank Implements nCino to Provide an Omnichannel and Agile Customer Experience

Fintech News Desk
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that specialist banking provider Cynergy Bank has adopted the nCino Bank Operating System to support its SME lending processes, following a successful deployment of the Coronavirus Business Interruption Loan......
Temenos Wins Major Awards at IBS Intelligence Global FinTech Innovation Awards 2020
Banking Fintech News

Temenos Wins Business Culture Award for its Response and Support for Banks during Covid-19

Fintech News Desk
Temenos (SIX: TEMN), the banking software company, today announced that it won the Business Culture Award 2020 for ‘Best Business Culture in a Crisis’. The prestigious awards celebrate forward-thinking companies that have created outstanding work-environments, enabling their employees to perform to their very best, facilitating exceptional business performance and customer......
MarketFinance awarded £10m grant to bring choice and competition in supporting more businesses
Business Fintech News

MarketFinance Awarded £10m Grant To Bring Choice And Competition In Supporting More Businesses

Fintech News Desk
– Customers: the grant will help expand services to 3.5m sole traders and younger SMEs who will benefit from easy-to-use finance options – Products: MarketFinance to create more business lending products where customers will be able to personalise finance options to suit their needs – Partnerships: In building on successful......
Allica Bank Secures £26m Investment and Launches £100m Fundraise
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Allica Bank Secures £26m Investment and Launches £100m Fundraise

Fintech News Desk
Allica Bank is launching a £100m funding round to help it meet the current high levels of demand for finance it is experiencing from British businesses, and continue broadening services and product lines. The bank, which received full UK banking authorisation in late 2019, has had over £1bn of enquiries from businesses in......
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