Tag: British Business Bank

CloudGuard, a Manchester-based cybersecurity start-up, has announced a significant financial boost, raising funds from the Northern Powerhouse Investment Fund II (NPIF II).

Outward VC has successfully garnered £51m during the initial close of its second fund, aimed at providing crucial support to early-stage founders tackling significant societal challenges through financial services innovations.

Cynergy Bank has proudly announced its acquisition of a £20m Tier 2 capital facility from British Business Investments.

UK Chancellor Jeremy Hunt will unlock approximately £50bn from pension funds for investment into high-growth firms.

Highlighting the complexities of the SME green finance sector, new findings from the Lending Standards Board (LSB) examine the various challenges, opportunities, and strategies for banks and lenders to aid their customers on the path to sustainability.

Chester-based edtech firm, iAM Compliant Limited, which specialises in providing eLearning courses and a cloud-based compliance platform, has successfully secured a funding round.

FOLK2FOLK, a peer-to-peer (P2P) lender for rural and regional small businesses, has collected ?7m from British Business Investments.

Orka Technology Group has topped up its coffers with a £29m funding round to fuel the growth of its earned wage access product Orka Pay.

Peer-to-peer lender Assetz Capital has been given £25m from the British Business Bank for the UK Coronavirus Business Interruption Loan Scheme (CBILS).

Several small business owners have criticised Starling Bank for its handling of the governmental coronavirus relief loans scheme and now the challenger bank founder has responded to the criticism.