Leeds City Council will begin lending to businesses through peer-to-business lending platform rebuildingsociety.com. The council will review business loan requests from companies with an LS postcode prefix and pledge funds …
The UK’s alternative finance market has grown over 43% during the last year according to a new report. The study, conducted by the University of Cambridge, revealed that the market …
The number of new start-ups being founded per year has increased to nearly 420,000 according to the Office for National Statistics (ONS). Between 2010 and 2016 there was a 78% …
The Bank of England (BoE) believes that banks are heavily underestimating the threat posed by fintech start-ups. BoE believes that these small businesses could reduce banks’ overdraft revenue, erode payment …
