Tagged: anil stocker

UK’s Halfords Group Selects Kriya, the Embedded Finance Provider, to Power Payments for Trade Account Clients

Halfords Group PLC, the UK’s largest provider of motoring and cycling products and services has selected Kriya, the embedded finance provider, “to power payments and credit for its trade account customers.” Under the partnership Kriya will “embed its financial tools across Halfords stores, customer teams,… Read More

Mangopay Announces Partnership with Fintech Kriya

Mangopay, a payments Fintech that holds a significant market share in the marketplace (crowdfunding) sector, has announced a partnership with Kriya, a B2B payments and credit provider. Mangopay believes that by working with Kriya it can boost its relevance by providing credit at the point… Read More

UK’s MarketFinance Secures £30M Credit Facility to Expand B2B Pay Later Offering for SMEs

MarketFinance, which claims to be one of the leading fintech credit and payments companies, has secured a £30 million credit facility from Viola, the Israeli technology investment group, in order “to expand its B2B Pay Later embedded finance offering for SMEs.” Available in Sterling, US… Read More

UK’s MarketFinance Secures Debt Financing from Deutsche Bank to Support £100M of Lending to SMEs

MarketFinance, the Fintech credit and payments firm, recently 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 investment and working capital needs.” The announcement comes at… Read More

UK’s MarketFinance Lent Over Half a Billion Pounds via Invoice Finance, Business Loans, Flex Loan Products

Anil Stocker, CEO at UK-based MarketFinance, a leading online lender that raised £280 million in debt and equity (earlier this year) and was approved for flex loans, notes that for most businesses in the United Kingdom, 2021 presented both opportunities and challenges (and that was… Read More

UK SMEs Cheering Up as 2022 Looms: MarketFinance Survey

SMEs across the United Kingdom are somewhat optimistic consumer demand will soon rise, the results of a survey by fintech MarketFinance suggest. MarketFinance asked 2,000 SME owners across the UK about their outlook for 2022 and beyond, gauging their short and long-term plans for business… Read More

UK’s MarketFinance Reveals that 25% of SMEs Report Prices Doubling in Past 6 Months, Some Costs Passed on to Clients

The Christmas buying season is currently underway for many of your company’s business customers, the MarketFinance team notes. UK-based MarketFinance, an established online lender that recently raised £280 million in debt and equity and was approved for flex loans, writes in a blog post that… Read More

MarketFinance Raises £280 Million in Debt and Equity, Approved for Flex Loans

MarketFinance, a top online lender based in the UK, has announced a £280 million debt and equity funding while simultaneously announcing its accreditation under the Recovery Loan Scheme (RLS). MarketFinance was previously approved as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS) having… Read More

UK’s Invoice Financing Platform MarketFinance Shares how they Helped Bantham Technologies Access Affordable Financing

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that at their company, the whole team connects every week for their (presently virtual) Townhall. But now that COVID-related restrictions are gradually easing and businesses can “take stock” of this past year,… Read More

UK’s Invoice Financing Platform MarketFinance Reports Reaching Profitablity, Kicks Off 2021 with Considerable Increase in Lending

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has reported reaching profitability as it returns a record start to the year. The Fintech business lender has reportedly started the year off with a considerable increase in lending volumes. MarketFinance has disbursed… Read More

London’s P2P Invoice Financing Platform MarketFinance Increased Lending to Over £340 Million this Year

Anil Stocker, CEO and Co-founder at UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that like many of the businesses they support, MarketFinance spent the past 10 months dealing with major changes and challenges, “finding ways forward against all the… Read More

P2P Lender MarketFinance Reveals that Many Small Businesses in the UK Could Run Out of Cash Soon

MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has cautioned that many UK-based SMEs could soon run out of cash. This, as the government-backed funding schemes are scheduled to end soon. The Coronavirus Business Interruption Loan Scheme (CBILS) will end on September… Read More

P2P Invoice Financing Platform MarketFinance Rebrands, Plans to Compete with Large Lenders OakNorth, Esme Loans

MarketFinance is one of the world’s largest peer-to-peer (P2P) invoice finance platforms. Established in 2011 and based in London and Manchester, MarketFinance has reportedly issued more than £1.1 billion (appr. $1.4 billion) in funding to thousands of UK-based businesses. MarketFinance assists business owners in dealing… Read More

MarketInvoice Report Says UK SMEs Now Valued at Almost £3 Trillion

MarketInvoice, a Fintech in the invoice financing sector, has published their “MarketInvoice Business Insights survey” based on responses from 1,000 business owners of UK Ltd companies between 31st May and 5th June 2019. According to their results, the lack of finance options is considered to… Read More

Fintech Business Lender MarketInvoice Nabs £26M in Series-B Round Led by Barclays & Santander InnoVentures

UK fintech business lender MarketInvoice has raised £26M in new equity funding during a Series-B funding round led by Barclays and Santander’s $200M fintech fund InnoVentures with significant participation from European venture fund Northzone, an existing investor in the company. Technology credit fund Viola Credit, who… Read More

Banco BNI Europa & Varengold Bank AG Add £135 Million in Total Funds to MarketInvoice Platform

MarketInvoice announced on Monday it has signed agreements with Portuguese bank Banco BNI Europa (BNI) and German bank Varengold Bank AG to add £90 million and £45 million respectively on its platform. This news comes just one week after the company announced it topped £2 billion worth… Read More

UK Fintech MarketInvoice Tops £2 Billion in Online Lending

MarketInvoice has announced a new milestone of having topped £2 billion worth of invoice finance and business loans to UK companies. Launched in 2011, MarketInvoice has now provided financing solutions to thousands of businesses across the UK. The company reports that during this time over… Read More

CCAF: Startups & SMEs are Big Beneficiaries of UK Alternative Finance as Market Grows by 43% Year over Year

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

MarketInvoice Adds Business Loans to Invoice Finance Solutions Suite

MarketInvoice has expanded its mission in the business finance space by launching business loans today, aiming to complement their suite of invoice finance solutions and allowing them to better serve the working capital needs of UK businesses. MarketInvoice is rebranding, evincing its evolution into a… Read More

Anil Stocker & Bobby Lane Comment on MarketInvoice Research: 65% of UK Businesses Embrace Fintech

Business finance company MarketInvoice surveyed UK businesses on their awareness and adoption of fintech (financial technology) products and services*; the platform’s findings indicate that UK businesses adopting fintech are saving £4.6b every year.** “The expansion of tech-driven digital services has been remarkable over the past 5 years…. Read More

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