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A digital invoice finance platform in the U.K. will provide business loans to its customers for the first time, it was announced Wednesday
London-based fintech business lender Marketinvoice has today closed a £56m round made up of equity and debt funding, led by Barclays and Santander's venture arm Innoventures.
Barclays and Santander have taken stakes in British fintech group MarketInvoice in a sign of established lenders’ growing willingness to team up with technology-driven challengers.
The Series-B funding round was led by Barclays and Fintech fund, Santander InnoVentures with significant participation from European venture fund Northzone.
A quarter of SMEs say supplier prices have doubled in the last 6 months. The majority are absorbing the costs while a fifth are passing them on to customers.
Making Yorkshire famous for wool production across the world once more, reconnecting it to its wooly heritage.
Uber transformed the taxi industry forever. The same digital change is now coming for business e-commerce.
New Kriya research finds that UK B2B firms with e-commerce operations do not plan to offer ‘buy now, pay later’ terms to their customers for another 3 years, despite 92% knowing what Embedded Finance is, and how it helps accelerate their revenues with more sales and 5x higher order values.
Sole traders make up 56% of the UK’s private sector business population, yet they’re a chronically underserved group when it comes to financing options.