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Europe’s mid-sized businesses mostly weathered COVID-19 storm

Although the final restrictions of the COVID-19 pandemic have almost been lifted, its effect continues to mark the UK SME landscape.

The post Europe’s mid-sized businesses mostly weathered COVID-19 storm appeared first on LendIt Fintech News.

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Conister Approved by British Business Bank to Offer Recovery Loan Scheme

Conister Finance & Leasing has been approved as a British Business Bank accredited lender for the UK Government’s Recovery Loan Scheme (RLS). Conister...

The future of fintech is networked, not hierarchical.

By Seth WardOld, hierarchical institutions have shown they lack resilience to coronavirus. Their large properties, huge ivory towers designed to be both imposing...

European Fintech iwoca Reveals that 1 in 3 Brokers Now See Growing Demand for Unsecured Finance

The iwoca SME Expert Index reveals that 1 in 3 brokers “see rising demand for unsecured finance.” As noted in an update shared with...

British Business Bank Posts Data on COVID Relief Loans: £79.3 Billion Distributed

The British Business Bank has published final data on the COVID relief programs that saw £79.3 billion in government-backed loans distributed to 1.67...

Cambridge Centre for Alternative Finance Alternative Finance Report: Total Global Volume Increases, If You Remove China

The Cambridge Centre for Alternative Finance (CCAF) has just released its most recent report providing data on the global alternative finance industry. According...

Assetz Capital to Offer a Summer Rate Reduction of 0.45% Across All Loan Products to Borrowers Until July 31, 2021

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that it’s pleased to be offering a summer rate “reduction of 0.45%”...

White Oak Facilitates £400 Million Under Corona Loan scheme to UK small businesses

London-based digital lender White Oak has facilitated loans worth £400 million to SMEs impacted by the pandemic under the Coronavirus Business Interruption Loan...

AE Aerospace to create new jobs following £400k loan

AE Aerospace management team; (L-R) Peter Bruch, managing director; Kimberley Orme, financial controller; Andy Masters, technical director;...

Funding Circle Receives Recovery Loan Scheme Accreditation

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the U.S. and parts of Europe, recently announced it received...

Funding Circle and Atom form £300m SME lending partnership

Funding Circle, the UK’s largest small business loan platform, and Atom, the UK’s first app-based bank, today announce a lending partnership that...

UK SME Lender ThinCats Reveals Mid-Sized Firms had Historically Low Insolvency Levels, Also Reports £500M+ Loan Book

ThinCats, a UK-based lending platform, had published a blog post earlier this month asking whether historically low insolvency rates are “disguising the real...

Neobanking 2021: From Hype to Profit?

Will 2021 see neobanks reach true maturity through profitability?

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