British Business Bank backs SME-focused lender Simply with £300m funding line boost
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
Business fintech MarketFinance says it is ready to support UK pandemic recovery efforts.
Firm looks to boost its data governance and data lineage capabilities.
The Future Fund: Breakthrough scheme follows on from its now-closed predecessor.
Firms have two months to consider the cases, making the final approval on 30 November.
Catherine Lewis La Torre starts on 1 September.
In the first minute after 9am, Barclays had received 200 applications.
These new joiners can lend between £10,000 and £5 million to small businesses.
These lenders are yet to set a date by which they can start accepting CBILS applications.
Government hopes British Patient Capital programme will be right medicine.
Some people have got deep pockets, because the funding fun never ends. Our latest round-up features Soldo, Atom Bank, British Business Bank, BlackRock and Scalable Capital. Multi-user spending account, Soldo, has reported a Series A funding round of $11 million, led by Accel and includes participation from Connect Ventures, InReach Ventures, U-Start and R204 Partners. […]
The UK Chancellor Philip Hammond has announced a plan to invest £400 million of venture capital funds into the British Business Bank, a government vehicle to lend money to British businesses. The idea is to support the home-grown business sector – including fintech firms – and to prevent them from being snapped up by international companies.