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Banking Business News

Leamington recruitment agency celebrates one year since formation and six major client wins
A Leamington-based recruitment agency is celebrating one year in business and has already sealed deals with six major clients.

Cynergy Business Finance provides £150m of funding facilities in first year
Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, has surpassed £150m in funding for UK small and medium-sized enterprises (SMEs) since…

Global market success for The TALL Group of Companies as part of their growing export services
The TALL Group of Companies is very proud to be successfully exporting their services to over 30 countries, with products ranging from university degree certificates…

Alveo extends Ops360 data operations solution
Rolls out ‘no code’ in its curve builder capabilities and integrates with QuantLib Alveo, a leading provider of cloud-based market data management services, has announced…

One Stop Business Finance secures facility increase with Shawbrook Bank
Specialist working capital, property development and bridging lender, One Stop Business Finance Limited has secured an extension of up to £4 million to its existing…

Cloud processing powerhouse Enfuce launches real-time card spending control tool
Enfuce’s agile Authorisation Control tool can be used by any company for any card product to set advanced spending controls for B2B and B2C applications…

Berlin startup ecolytiq expands into North America with Vancity and Visa
The climate tech startup ecolytiq announces its North American market entry by securing product launch with Canadian credit union Vancity The Berlin-based climate fintech ecolytiq…

Finance industry receives Cheque Imaging and Remote Data Capture update at 8th Annual Conference
Over 50 delegates from the UK’s leading banks and other financial organisations have received an update on cheque imaging and preparing the UK for Remote Deposit…

Vivid Finishes targeting £12m in 2023 with support from Cynergy Business Finance
Vivid Finishes, Spitalfields-based commercial painting, decorating and spraying contractor, is on track to reach revenues of £8.

Forge Care completes £16m of funding from Assetz Capital
Forge Care, a brand-new purpose designed therapeutic community secures a new £8.

The Payments Association announces and honours the 2022 PAY360 Awards winners
Formerly the Emerging Payments Awards (EPA Awards), the 15th annual ceremony honours those that shape and influence the payments industry today The Payments Association, which…

Supreme Court ruling to have huge impact on directors of companies in financial trouble
A landmark ruling, passed down this week by the Supreme Court, could have wide-reaching consequences for directors of companies in the UK that find themselves…

Head of Impact and Sustainability appointed at Unity Trust Bank
Unity Trust Bank has appointed Joshua Meek as Head of Impact and Sustainability, in a new role that will ensure the continued development of the…

Mumsnet Teams Up With Chetwood Financial To Launch New Family-Focused Financial Services
UK digital bank Chetwood Financial has today announced a new partnership with parenting forum Mumsnet, with plans to launch a new family-focused financial services proposition next year.

Midlands bucks the cross-border deals trend with continued levels of inbound investment
In Q2 2022, 14 inbound cross-border deals for Midlands-based companies – maintaining the volumes seen in 2022 The West Midlands saw increased volumes of inbound…

Adoption and fostering agency secures its long-term future following seven-figure finance from Unity Trust Bank
A pioneering adoption and fostering agency which uses arts and drama to help care-experienced traumatised youngsters has bought its first property thanks to a seven-figure…

Secure Trust Bank Commercial Finance surpasses £700m limits of funding facilities
The Commercial Finance arm of listed specialist bank, Secure Trust Bank, has continued to build on its strong performance in 2021 in the first half…
One Stop Business Finance strengthens its team with another senior appointment
One Stop Business Finance, the Yorkshire-based alternative lender, has strengthened its team with yet another new senior appointment.
Unlimint Adds CoDi To Payment Portfolio To Enable Global Growth For Merchants
London-based global fintech Unlimint, has announced it is expanding its alternative payment methods portfolio with the addition of one of Mexico’s largest electronic payments platforms,…
Secure Trust Bank surpasses £200m of lending facilities in the Midlands
Secure Trust Bank’s Commercial Finance team in the Midlands has delivered more than £200m in lending facilities since it opened its regional office four years…
City Job Seekers optimistic as Salaries Rise
City Job Seekers optimistic as Salaries Rise Key stats from Morgan McKinley’s Summer London Employment Monitor: 23,362 professionals looking for new jobs in Q2 2022…
Warwickshire accountancy firm urges businesses to plan for next stage of Making Tax Digital
A Warwickshire accountancy firm which has moved more than 100 businesses onto cloud accounting software is urging businesses to plan ahead for the next stage…
Sterling Set For Turbulence After PM Resigns
The recent announcements by the UK Prime Minister, Boris Johnson, have seen the Sterling stagnate, despite a short-term rally into the end of the week.
Expanding accountancy firm in Coventry acquires long-standing local practice
An expanding accountancy firm in Coventry is branching out once again through the acquisition of a long-standing local practice.