Property lender LendInvest has been given a £500m investment fillip to fund its future lending. The London-listed fintech has announced a £500m investment to fund part of its future mortgage originations for its buy-to-let and residential mortgage products.
Amazon has teamed up with embedded financing fintech YouLend on a revenue-based lending programme which could provide UK-based Amazon businesses with funding up to £2m each.
Bankable, a Banking-as-a-Service provider, has acquired Arex Markets for an undisclosed sum.
As AI has become the buzzword of 2023 (we even launched a report on it), banks and financial institutions are keenly aware that they must keep up to date.