Fintech lender MarketInvoice has secured Series B funding from major banks including Barclays and Santander’s fintech fund Inno Ventures. It’s the first major UK fintech debt and equity funding in 2019, coming just ahead of Brexit. The funding will help MarketInvoice expand its UK business operations and values the company…
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UK fintech MarketInvoice wins backing from Barclays and Santander as banking disruption gathers pace
The most innovative start-ups in the financial sector use technologies such as artificial intelligence and machine learning to improve the lives of SMEs. In this way, they help them obtain financing and improve their productivity. Financing startups The time is gold. For many SMEs, waiting weeks or even months before…
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“The bank always wins,” is a popular saying. Anyone looking at the press releases of the last few years will have great doubts about it. At the turn of the millennium, when I decided to start a bank education, the (banking) world was still in order. Banks and savings banks…
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Partner banks get out of Paydirekt Paydirekt, the payment system of the German banks, loses the ING Germany, the Hypovereinsbank, the German Santander and other private banks as partners. The aforementioned companies have canceled their shares as of 31 December 2019. Outwardly, it is said that the institutions had disturbed…
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B2B FinTechs could not have had a sustainable foothold in corporate banking in 2018, reports ING Germany. Although FinTechs and banks have come closer together in the cooperation, the persistently difficult market environment still poses enormous challenges for both players: corporate customers are more likely to avoid risks, have extremely…
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Have you imagined a world without physical bank branches, in which all the services could be solved at any time of the day through your smartphone? This reality is getting closer every day thanks to the new online financial products of traditional banking … but also because of the development…
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