Tag: UK
UK challenger Aldermore Bank enters strategic partnership with Mambu
Strategic Partnership: Aldermore Bank has entered into a strategic partnership with cloud banking platform Mambu to modernize its technology.
Bank Overview: Aldermore Bank, founded in...
Nucleus Commercial Finance secures £200m funding facility from NatWest
UK SME lender Nucleus Commercial Finance secures £200 million funding from NatWest.
The funding increases Nucleus' total lending capacity to £900 million.
Nucleus...
UK fintech Paysend lands $65m in fresh funding round
Funding Success: London-based fintech Paysend secures $65 million in a recent funding round.
Global Reach: Paysend, founded in April 2017, claims a global presence with...
Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership...
UK financial services firms cautious but keen to adopt GenAI, new survey says
GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...