Search Results for: sancus

Fintech Sancus Expands Operations in Ireland with New Hires

The Sancus BMS Group has expanded their business in Ireland with two new appointments from the property finance sector. According to Sancus, Michael Mooney has joined the Group as Managing Director of Sancus BMS (Ireland) Limited and Geoff Savage as Director of Lending. Sancus CEO Andrew… Read More

Buzzing Along! Sancus Announces £17.5M Drawdown on New Honeycomb Facility

Sancus BMS Group,  part of GLI Finance which includes Sancus Finance (formerly Platform Black)and Sancus Finance (formally FundingKnight), announced its first significant drawdown of £17.5 million on its new facility with Honeycomb Investment Trust plc to expand its property-backed lending activities. The provision of the £50 million accordion… Read More

Name Change for Funding Knight as GLI Finance Updates to Sancus Funding

As part of an ongoing strategic update, GLI Finance has renamed peer to peer lending platform FundingKnight to Sancus Funding Limited with immediate effect. GLI Finance, an AIM listed company, has also transferred ownership to Sancus BMS Group Limited. Andy Whelan, Sancus BMS Group CEO,… Read More

AltFin Provider Sancus Poised for Growth, Adds Andrej Bristow to FundingKnight Round Table

Sancus BMS Group, the alternative finance provider, has confirmed the appointment of Andrej Bristow as Credit Manager to support their specialist P2P property finance business, Funding Knight. As the firm gears up for future growth and increased regulatory focus, Bristol will be responsible for credit… Read More

Alternative Lender Sancus Finance Appoints Victoria Osgood As New Client Manager

Sancus Finance, the specialist alternative finance firm, announced on Thursday it has appointed Victoria Osgood as its new Client Manager. According to the company, Osgood will be responsible for managing a growing portfolio of clients and their range of funding solutions to ensure the smooth… Read More

Alternative Lender Sancus Finance Appoints Dan Walker As Managing Director

Alternative finance firm Sancus Finance announced on Wednesday it has appointed Dan Walker as its new managing director. Walker will replace Caroline Langron as Managing Director of Sancus Finance in January 2018. According to Sancus, Walker brings with him a wealth of experience gained in advisory,… Read More

GLI Finance Owned Sancus Finance Launches New Financing Platform

Sancus Finance, a specialist financial services provider, has launched a new funding platform for businesses looking to participate in financing on their site. The new platform is part of a series of developments designed to improve the overall service offered to both funders and businesses. Sancus… Read More

Refocusing on Sales: Richard Whitehouse Joins Sancus Finance Board

Sancus Finance has announced that it is strengthening its organisational structure with the appointment of Richard Whitehouse to its company Board, in hopes of “bringing sales back to the decision making table.” Whitehouse’s appointment follows a period of change for the business which saw its owner, GLI Finance,… Read More

UK Fintecher Platform Black Rebrands as Sancus Finance Limited

UK-headquartered Platform Black Limited announced that it has rebranded as Sancus Finance Limited with immediate effect. The move comes as part of a strategic review of operations by Platform Black’s owners, GLI Finance Limited. The strategic review, designed to simplify GLI’s structure, included a transfer of its holdings… Read More

GLI Announces Purchase Agreements for Certain Interests within Sancus Gibraltar & BMS

GLI Finance has announced a proposed purchase of “certain interests in entities within the Sancus and BMS sub-groups of the Company.” GLI has entered into a conditional agreement and states it does not require shareholder approval to proceed with the acquisition but wanted to give… Read More

Brief: Sancus Peer to Peer Lender to Expand into Guernsey

Sancus Holdings Limited launched last year in Jersey with £23 million in capital backed largely by Channel Island investors.  Recognizing the growing potential for peer to peer lending (P2P), Sancus sees opportunity in matching high net worth individuals with small and medium sized enterprises.  Sancus… Read More

FundingKnight, Part of GLI Finance, Receives Full FCA Authorisation

GLI Finance (AIM: GLIF) has announced that FundingKnight has been granted full Authorisation from the Financial Conduct Authority (FCA). FundingKnight is an online / P2P Lender providing access to capital for UK SMEs. FundingKnight has been operating under interim permissions since 2014, when the FCA… Read More

GLI Finance Appoints New COO

GLI Finance (LSE:GLIF) has announced a change in senior management. Russell Harte, Chief Operating Officer, will be leaving GLI on July 1st, 2017. Aaron Le Cornu, most recently CFO of Elian, will then replace Harte as Chief Operating Officer. Le Cornu’s role will include both GLI… Read More

GLI Finance Releases H1 2016 Results as WriteDowns Drive Loss

GLI Finance (LSE:GLIF), a diversified portfolio company focusing on alternative finance, has published its 6-month report for 2016.  The financial results show a a £6.9 million loss from a £5.3 million profit year on year. The loss included £12.9 million in writedowns on investments. GLI’s net asset… Read More

GLI Offers Shareholders Imminent Access to Corporate Bond Issue via UK Bond Network

GLI Finance (LSE:GLIF),  an alternative finance platforms investor that provide loans to small and medium sized enterprises (SMEs), has announced that it is giving its shareholders and other eligible investors access to bonds being issued to be used as consideration for an acquisition. The company is making… Read More

GLI Cuts-Off Credit for FundingKnight as Part of Ongoing Corporate Shakeup

As part of the ongoing shakeup at GLI Finance (LSE:GLIF), FundingKnight has posted it will no longer receive credit from GLI. FundingKnight is a smaller, peer to peer lender in the UK that has facilitated approximately £30 million in loans.  GLI holds 24% of the… Read More

GLI Finance Recognized at Innovate Finance’s Diversity Awards

GLI Finance has been recognized as the “Influential Voice in FinTech and “Encourager for SME Growth at Innovate Finance’s Diversity Awards.  GLI is an investor and operator in disruptive finance.  The company has remained outspoken about the benefits of disruptive finance in challenging traditional financial… Read More

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