uk

UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans

UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
September 08, 2020  |  Cross-border Payments

MarketFinance, a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit, the Israeli asset manager, to go toward lending...

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Today In Payments: COVID Hit UK Hard; Amex Negotiating To Buy SMB Lender Kabbage
Today In Payments: COVID Hit UK Hard; Amex Negotiating To Buy SMB Lender Kabbage
August 12, 2020  |  News

In today’s top news, the impact of the pandemic has hit the U.K. harder than other developed countries, and Amex is eying an acquisition of...

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UK Consumers Start Slow Return To Stores
UK Consumers Start Slow Return To Stores
August 07, 2020  |  Retail

The U.K. retail recovery continues, but at a snail’s pace. According to the British Retail Consortium, U.K. foot traffic decreased by 42.1 percent in July...

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Revolut Launches In App Price Comparison Service In UK
Revolut Launches In App Price Comparison Service In UK
July 28, 2020  |  Banking

FinTech Revolut is working with Decision Tech, a price-comparison technology company, to launch a new service to help users compare — and switch — providers of...

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Amazon Expands Grocery Delivery In The UK
Amazon Expands Grocery Delivery In The UK
July 28, 2020  |  Amazon

Amazon Inc. is planning to expand Amazon Fresh, its grocery delivery service, to millions of members in the United Kingdom (U.K.) by year’s end, the...

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UK Retail Spending Back To Near Pre-Lockdown Levels
UK Retail Spending Back To Near Pre-Lockdown Levels
July 24, 2020  |  Retail

Britain’s stores have become the envy of the retail world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Independent Panel To Review UK’s FinTech Sector 
Independent Panel To Review UK’s FinTech Sector 
July 21, 2020  |  Fintech Investments

A panel established to grow the United Kingdom’s financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government...

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UK Treasury Nixes Idea For New Coronavirus Funding Scheme
UK Treasury Nixes Idea For New Coronavirus Funding Scheme
July 02, 2020  |  B2B Payments

The U.K. Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance,...

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