Revolut prepping for Asia push

The banking challenger has just secured licenses to operate in Singapore and Japan as it prepares for Q1 2019 launch in Asia.


Cross River Bank Raises $100 Million Led by KKR

Fintech pioneer Cross River Bank has closed a large funding round led by one of the world's leading private equity firms.


UK alternative finance market swells 35% in 2017

The latest report from the Cambridge Centre for Alternative Finance says peer-to-peer business lending became an increasingly important part of small business financing.


Government to channel another £150m through Funding Circle

With Brexit looming, the government has agreed to lend more money to British SMEs via peer-to-peer lending platform Funding Circle.


CommonBond Partnering With Fifth Third Bank on Student Loan Refinancing

Customers of Fifth Third Bank will be able to refinance their student loans with CommonBond in this co-branded initiative.


Tandem targets Hong Kong expansion with £15m raise

Tandem has made a surprising lurch Eastward. The digital bank has struck a deal with Convoy, a financial services firm, to work together to launch a ‘virtual bank’ in Hong Kong.


Challenger bank partners with P2P lender to double loan portfolio

CODE Investing and PCF Bank, owned by AIM-listed PCF Group, have formed a strategic partnership to provide vehicle and asset finance to the UK SME sector.


Fintech factoring firm scoops €10m fundraise

Factoring platform Credimi has raised €10m in a round led by two venture funds, United Ventures SGR and Vertis SGR.