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
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
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
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 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 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
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
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