Bankers blindsided by £50K loan limit under UK bounce back scheme
Senior bankers had worked over the weekend on the basis that the ceiling would be £25k.
Senior bankers had worked over the weekend on the basis that the ceiling would be £25k.
Capital on Tap has also created new services to aid COVID-affected businesses.
Users can add as many bunq +1s as they want for a flat fee of €2.99 each month.
The group is welcoming all UK lenders to join the effort to keep British SMEs afloat.
Highlighting how tech companies have come to the rescue during the COVID-19 crisis.
Humans have been completely removed from the decision workflow and replaced by technology.
During these difficult times the survival of many companies will depend on their ability to adjust to a new reality.
Start-ups can apply for loans between £125,000 and £5 million.
This week, we focus one particular coronavirus news item affecting the fintech industry.
Tune in to hear what Gemini’s MD for Europe, Julian Sawyer, thinks about digital currencies.
“Entrepreneurs face their business being crushed,” says the letter.
Its aim is to help SMEs get access to the financial aid during this time of crisis.
Originally planned for Q3 of 2020, the fintech brought the launch forward
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
“This is a race to save jobs in the present and for the future,” says PayPal.
FinTech Futures’ weekly coronavirus news wrap.
FinTech Futures’ weekly news round-up.
Many fintechs have used this pandemic as an opportunity to show their mettle.
The world of commerce is abuzz with the need to delight customers by providing a digitally enhanced shopping experience.
Analysts say cheaper loans will help the broader Chinese economy weather the current slowdown.
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
Visa will split the money between NGOs and investment partners.
All things equal: Closing the gender gap in fintech.
“This is a really substantial additional signal of support by the government,” says co-CEO.
User will need to make one transaction per month minimum for the free service.
Monzo and Moven’s CEOs have both taken a 100% pay cut.
Manchester is already home to five homegrown ecommerce unicorns.
The new co-created tool is set to launch later this year.
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
MatchMove is slowly building up its armoury to morph into a full digital bank.
Legislators are currently working on a bill which addresses small business loans.
This supports the announcements made by the Chancellor last week.
The company has teamed up with three other bidders.
I think what we (business owners) really want is an experience driven bank.
The bank will be based in Utah.
The partnership will offer factoring and banking services.
It’s the largest sum the central bank has issued since the financial crisis.
The platform has already bagged Monese and Xero as a partners.
Trending topics, useful insights, strong opinions, and a fintech jailhouse – all in our brand new podcast!
UK challenger bank steps into the business space with new accounts.