Tagged: manchester

UK’s Lloyds Bank Enhances Support for Corporate Businesses Across the North West by Investing in Institutional Banking Team

Lloyds Bank has continued to strengthen its support for corporate businesses “across the North West by further investing in its Corporate and Institutional Banking team in the region.” The Manchester-based team, which “provides strategic funding solutions across both corporate and private equity backed businesses, has… Read More

Manchester-based Insurtech Ripe Reports Steady Business Growth

UK insurtech, Ripe, achieved strong double-digit growth in 2022, maintaining its 15 year record of consistent revenue rises. Turnover climbed by £4 million to £27.2 million “in the 12 months ending 31 December 2022, compared with £23.3 million in 2021.” Over the course of the… Read More

UK’s Red Flag Alert, a Business Data Intelligence Provider, Secures £4.5M Investment from Foresight, Uncapped

Red Flag Alert are the UK’s provider of business data intelligence and analytics to predict growth, global compliance risk and insolvency, based in Manchester. The company have “announced £ 4.5 million in funding from Foresight and Uncapped.” The company, based in Manchester, where it “employs… Read More

Manchester’s Energy Tech Firm UrbanChain Raises £5.25M Series A

UrbanChain announced that it has raised a £5.25m Series A round led by global investment firm Eurazeo through its venture expertise dedicated to the Climate and Smart City space. Launched in 2017, the Manchester headquartered energy technology company “runs the a peer-to-peer (P2P) energy exchange… Read More

Manchester Fintech Frost, the Personal Finance App, Expands Automated Provider Switching Tool ‘Save Assist’

Frost, the “innovative” personal finance app, has announced the expansion of its automated provider switching tool ‘Save Assist’ to include broadband switching services. The announcement comes in response “to the recent 17.3% broadband price hike in April, as reported by Money Saving Expert, leaving consumers… Read More

SME Lending, Banking Services for Fintechs: LHV Bank Extends Maximum Loan Size to UK SMEs to £5M

LHV Bank, a provider of banking services to fintechs and SME lending solutions for UK businesses, announces the extension of its maximum loan size to £5 million, enabling further support for UK SMEs aiming to grow. LHV Bank’s Manchester-based SME lending team “offers commercial mortgages… Read More

Manchester-based Fintechs BankiFi, Financielle Launch Playbook Helping Business Owners Get “Time Back”

Manchester-based Fintechs, BankiFi and Financielle have announced the joint launch of a new playbook for small-to-medium sized enterprises (SMEs), “giving business owners back their most valuable asset – time.” The new playbook has been designed “to help SMEs, especially those that are female led, to… Read More

Manchester based Fintech Hydr Raises £332,826 via Seedrs

Hydr, which creates software to enable invoice finance at scale for SMEs, optimizing cash flow, fueling growth, has secured 95% (£332,826) of its £350,001 target via Seedrs with 29 days left in the firm’s crowdfunding campaign (with 31 investors so far making contributions to the… Read More

Manchester’s Embedded Banking Fintech BankiFi Expands Operations into North American Markets

BankiFi, an embedded banking solutions provider, announced its expansion into North America with “the launch of BankiFi Americas.” The organization’s growth and expansion into the U.S. market “will support the unique digitization and payment modernization requirements of SMBs, while placing financial institutions at the heart… Read More

UK’s Starling Bank Signs Up “Lionesses” for its UEFA Women’s EURO 2022 National Sponsorship

  Starling Bank has launched a campaign that “celebrates” women’s football as part of its national support of the UEFA Women’s EURO 2022 tournament. The ‘Our Time’ campaign highlights the glass ceilings that continue “to be broken for the women’s game, while nodding to Starling’s… Read More

UK’s Sourced Capital Looks into Benefits of Alternative Property Investment

The team at UK’s Sourced Capital notes that one of the “best” reasons for investing in property is the “potential” financial returns. However, what if you were not able to commit to “hands-on” investments? Sourced Capital has shared some of the alternative property investments. With… Read More

Manchester’s BankiFi Joins Visa Fintech Partner Connect Program

BankiFi, the Manchester-headquartered technology firm focused on putting banks at “the heart” of business, has announced that it joined Visa Fintech Partner Connect in Europe – a program that assists Visa`s customers with offering the next-gen of virtual banking solutions. The partner program mainly focuses… Read More

Tandem Bank Acquires Manchester based Oplo, a Consumer Lending Platform

Tandem Bank has reportedly acquired consumer lending platform Oplo. The strategic acquisition has formed a combined business with £1.2 billion of total assets, £1 billion of funding and 171,000 clients being serviced by a UK-headquartered team of 500 professionals. Tandem was established back in 2014… Read More

Manchester Fintech Hydr Develops Invoice Finance Platform to Integrate with Cloud Accounting Software Firms

  Fintech startup Hydr has developed its proprietary invoice finance platform to integrate with more Cloud accounting software providers such as Sage and QuickBooks. After launching “exclusively” with Xero back in May, the Hydr platform may now be accessed by many more SMEs in the… Read More

Real Estate Report: Birmingham, Manchester Considered Prime Investment Locations for 2022 Due to Strong Property Prices, Rental Growth

The team at UK’s Blend Network, a specialist development finance lender, notes that as 2022 gets underway, they’ve reflected on the “strength” and “resilience” of the UK property market. With property prices and rents surging to double digit growth in some areas of the UK,… Read More

UK based BNPL Fintech PollenPay Announces its Launch Plans

Providing a smarter way to perform monetary transactions, PollenPay, a UK-headquartered Buy Now Pay Later (BNPL) firm is pleased to confirm its launch plans. Led by company founder and CEO, Leon Wilson, the team at PollenPay plans to ease pressure on purchases, while at the… Read More

Manchester’s Fintech Platform, Bankifi, Receives £500K Investment from Co-operative Bank

The Co-operative Bank has reportedly invested £500,000 in Manchester-headquartered Fintech platform Bankifi as part of a large co-development deal. BankiFi is “putting banks at the heart of business.” As noted by its management: “BankiFi is a technology platform designed to make business banking better, enabling… Read More

Payments Fintech Total Processing Makes Several Senior Management Appointments

Manchester-based payments Fintech Total Processing has reportedly made three new hires with the appointment of Phil Astall as Chief Operating Officer, Harry Luscombe as Commercial Director and Jonathan McGee as Finance Manager. Previously a Global Senior Director at travel company Expedia, Phil Astall joins with… Read More

Strategic Reporting Module Introduced by Planixs, a Provider of Intraday Cash, Collateral, Liquidity Management Services

Planixs, an established provider of real-time, intraday cash, collateral and liquidity management services, reveals that it has introduced the Strategic Reporting Module which comes as part of its Realiti suite. The newly-introduced module will open up Realiti’s extensive dataset to all client queries, thus helping… Read More

Manchester Fintech Hydr Launches New Invoice Finance Platform to Assist SMEs with Cash Flow Management

Manchester-headquartered Fintech firm Hydr (pronounced Hi-der) revealed on Monday (May 24, 2021) that it has launched its proprietary invoice finance platform in order to assist small businesses with streamlining their cash flow management. Co-founded by experienced Fintech industry professionals with extensive knowledge of the challenges… Read More