July 8, 2024 @ 9:20 am By Omar Faridi  |  

Assetz Capital, a funder in the SME development lending market, announce a significant enhancement to its development lending solutions, “offering stronger initial day one advances to developers on schemes up to 70% LTGDV.” This strategic offer is designed to equip housebuilders “with robust financial support… Read More

 Tagged assetz capital, lending, sme's, uk, united kingdom

July 8, 2024 @ 8:58 am By Omar Faridi  |  

UK’s ThinCats has shared insights following the new Labour government announcement. Managing Director Ravi Anand gives his thoughts on what ThinCats would like “to see from the new government and challenges them to back growth and invest in mid-sized SMEs.” For any incoming Government, there… Read More

 Tagged small businesses, sme's, thincats, uk, united kingdom

July 7, 2024 @ 4:58 pm By Omar Faridi  |  

Nik Storonsky, the CEO of Revolut, has spent the last ten years focused on disrupting the traditional banking / financial services sector with various innovations. The Fintech billionaire and ex- Lehman Brothers trader is now looking to enhance the existing venture capital space. Storonsky has… Read More

 Tagged fintech trends, investments, nik storonsky, quant, revolut, uk, united kingdom

July 7, 2024 @ 4:55 pm By Omar Faridi  |  

Productivity growth goes in cycles and Australia is currently within the normal bounds of a low productivity growth period, rather than a “crisis” as commonly characterized, according to a research report from KPMG. However, there would be cause for concern if this downturn continues to… Read More

 Tagged australia, economy, kpmg, research

July 7, 2024 @ 4:30 pm By Michael Wong  |  

The International Trade Centre’s (ITC) SheTrades Initiative, Visa, and the Qatar Fintech Hub (QFTH) operated by Qatar Development Bank (QDB) have unveiled the latest phase of their partnership aimed at bolstering youth and women entrepreneurs in Kuwait and Qatar. This collaboration introduces “Small Steps to… Read More

 Tagged ITC, qatar, qfth, visa

July 7, 2024 @ 3:32 pm By Michael Wong  |  

Azimut Egypt, a subsidiary of the global asset management firm Azimut International Holding, announced that it has secured the first Fintech license from Egypt’s Financial Regulatory Authority (FRA) for its new digital investment platform, “azinvest.” This marks a significant milestone in Egypt’s asset management sector… Read More

 Tagged Azimut, Azimut Egypt, azinvest, egypt, fintech

July 7, 2024 @ 11:47 am By Omar Faridi  |  

British Business Bank doubles existing ENABLE Guarantee transaction with Oxbury Bank to £200m, including innovative new green finance structure. The original £100m transaction was announced in November 2023 – “supporting more than £140m of lending into the rural economy in less than six months.” The… Read More

 Tagged british business bank, enable guarantee, oxbury bank, uk, united kingdom

July 7, 2024 @ 3:47 am By Omar Faridi  |  

Plaid has released its State of Diversity, Equity, Inclusion, and Belonging (DEIB) report. In this year’s report, Plaid commented on the progress made from the previous year and their reflections on how their DEIB efforts have “grown at Plaid—including their focus on sustainability and creating… Read More

 Tagged dei, plaid

July 6, 2024 @ 4:10 pm By Omar Faridi  |  

Tangem AG, the global provider of secure hardware wallet solutions, is pleased to announce a partnership with Visa (NYSE: V), a global enabler of digital payments, to support an innovative self-custodial payment solution for hardware wallets. This development introduces a Visa payment card “that is… Read More

 Tagged payments, Tangem, visa, wallets

July 6, 2024 @ 2:05 pm By Omar Faridi  |  

Iress and Atom bank recently revealed that they have entered a new five-year contract for Iress’s MSO software, to be offered as a cloud-powered managed service. Atom bank has reportedly been an Iress MSO client since 2016. As an original seed client, Atom bank has… Read More

 Tagged atom bank, cloud, iress, software, uk, united kingdom