Tag: Funding Options

Business finance marketplace Funding Options has joined the SME Finance Forum, a global membership network of the most influential leaders in finance, in order to share its insights into how to promote the growth SMEs.

Open banking and new technologies have made the marketplace lending FinTech market explode. But where will it go from here?

FinTechs and other non-bank lenders will not be able to access funding from the Bank of England that would help them deliver emergency loans, which has sparked accusations of the central bank hampering competition.

From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.

Funding Options, which offers companies an alternative to business finance, will simplify its customer journey and accelerate finance applications with new DueDil partnership.

While Metro Bank is still struggling with the fallout from a massive accounting error that slashed millions from its value, the bank has announced a trio of FinTech partnerships.

ING Ventures has invested £5m into Funding Options, an online marketplace designed to help SMEs find the best financing options.

Tech Nation has kicked off its inaugural UK FinTech programme with 20 companies, including a number of RegTechs.

Innovation fund Nesta has supported 20 FinTech companies with a £50,000 grant to each of them.