Tag Archives: SME funding

New Deal Boasts £1 Billion UK SME Funding Target

To the surprise of some commentators in the UK FinTech sector, the deals have kept coming for Funding Circle. Our friends at Crowdfundinsider report the latest, with the the full story available by clicking this link: Funding Circle, which claims to be the UK’s largest small business loan platform, and Waterfall, an institutional asset manager, recently […]

‘Challenger’ Banks Throw Down Service Gauntlet To Mainstream

Challenger banks, as they were commonly known, are certainly developing their challenge to the mainstream. Witness the results of a new SME business service survey, as reported by our friends at Finextra. The UK’s Starling Bank has shot straight to the top of charts in the latest rankings of business banking services by the Competition […]

FinTech Players Still Jockeying For Government SME Funding Scheme Position

The tumult of news continues. Some of the FinTech sector’s players are jockeying for position ahead of the return of whatever it is we’re going to call normality once the Covid-19 epidemic has abated. Our friends at AltFi have an exclusive on the latest FinTech outfit to join the government’s various SME funding initiatives: Nucleus […]

A New Licence To Bank, As Mainstream And AltFi Convergence Continues

Today, we bring you a new snippet from the running theme as reported in this News section of convergence between the mainstream and the alternative-finance sector, with the announcement of the grant of a new banking licence. Our friends at AltFi report: SME credit card lender Cashplus is now a full-on SME bank.  This morning the Prudential […]

SME Funding Optimists: Badly Informed Pessimists?

“Despite economic uncertainty, angel investors are continuing to invest in early-stage businesses and are optimistic about the future, the British Business Bank has found.” Is this a realistic appraisal or something akin to the jingoistic drivel (eyes, shut, fingers in ears – it’s all fine) we’re being fed on the political front? Our friends at […]

Covid-19 Brings More SME Funding Uncertainty – Plus Loan Latest

The resurgence of the Covid-19 virus is causing mayhem on all fronts. The hotch-potch of government-backed schemes to aid small business – lots of different ideas distributed in a rather haphazard way – is right back with us. Or maybe there’s more order and sense to all this than first appears. You decide. Meanwhile, here’s […]