15th August 2018
Following a new financing round earlier this year and Nesta’s Open Banking prize last year, London based invoice finance provider Investly has opened their platform to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their business customers the financing they need. Investly provides selective invoice discounting to businesses in the UK and Estonia for which it has built the credit model, operations and technology with the aim of expanding the reach of businesses that can be served sustainably.
13th August 2018
Mediolanum Asset Management (MAML), the Irish asset management company of the Mediolanum Banking Group, has appointed Astrid Schilo as Multi Asset Strategist and Inma Conde as Head of Manager Research, in Dublin. Following the hire of Christophe Jaubert as Head of Investments, the addition of Astrid and Inma is part of the continuous expansion of MAML’s investment capabilities.
13th August 2018
A study released by Scottish Friendly reveals that many British savers are suffering from a chronic case of ‘investophobia.’ The survey of 2,000 UK savers by one of the country’s largest financial mutuals reveals that many people remain reluctant to invest their money. This is despite a combination of inflation and rock bottom rates on cash accounts reducing the value of their savings in real terms.
9th August 2018
HMRC have received a record breaking £5.2bn from inheritance tax for the 2017/2018 tax year, an eight percent increase,
23rd July 2018
Advantedge Commercial Finance, a provider of invoice finance to UK based SMEs, has acquired Newport-based Henry Howard Cashflow Finance.
Since November 2016, when Mobeus provided £8.7 million to back its management buyout, Advantedge has increased its regional presence from two offices to five: in the Thames Valley, the Midlands, Glasgow, Manchester and now Newport.
20th July 2018
Kernel Capital has led an investment into Datactics Limited, a Belfast-based provider of RegTech solutions for the banking and financial services sector. Full details of the investment round, which includes investment from the Bank of Ireland Kernel Capital Growth Fund (NI), have not been disclosed.
19th July 2018
NN Investment Partners has released its full investor sentiment report looking at Alternative Credit.
17th July 2018
Shieldpay has increased its global footprint by launching in the US by partnering with the car classified site, AutoClassics.com.
13th July 2018
The Enterprise Investment Scheme Association, representing the many companies and investors that have benefited from over £16bn of EIS investment since the scheme was created, has signed the Government's Women in Finance Charter.
12th July 2018
The Q2 2018 SME Growth Tracker, published today, reports that amongst small and medium-sized enterprises (SMEs) the Confidence Index score for their business has deteriorated from -6 earlier this year to -8. Confidence in business conditions has remained negative for all SMEs since the UK general election in 2017, when it was at its lowest point (-11), and has not been positive since March 2017.
11th July 2018
Mediolanum Asset Management, the Irish asset management company of the Mediolanum Banking Group, has announced the appointment of Christophe Jaubert as its new Head of Investment Performance.