Tasnim Ghiawadwala
Greater London, England, United Kingdom
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Bdaily
Challenger bank expands after £5 billion boost “We’ve built a resilient, diversified balance sheet that sets us up for sustainable profitability – and we’re still building momentum.” Chetwood Bank has unveiled expansion plans after breaking a £5 billion balance sheet benchmark. The digital lender is opening a Manchester office which will build on existing bases in London, Wrexham and Fleet, leaving it primed to continue its momentum across the UK banking sector. Read more here: https://lnkd.in/eZpHStrf Paul Noble
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UK Business and Trade - North America
UK-US news 🚨 UK digital banking leader Starling Bank announces over $100 million investment to expand US operations, bringing their responsible digital banking model to US consumers 🏦 💻 This significant commitment demonstrates how UK fintech innovation creates value across the Atlantic, driving job creation and sustainable growth through strategic partnership 🤝 Starling's expansion showcases the power of the UK-US economic relationship in fostering financial innovation that benefits consumers on both sides of the ocean 🌎 See CEO Raman Bhatia's full statement on this major US investment below👇 #StateVisit #FinancialServices #UKIndustrialStrategy
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Asset Finance Connect
The British Business Bank has agreed an ENABLE Guarantee transaction of up to £300m with Close Brothers Asset Finance, unlocking fresh lending capacity for smaller UK businesses. Find out more at: https://lnkd.in/e8a_CPzz #CloseBrothers #AssetFinance #BritishBusinessBank #ENABLEGuarantee #SMEFinance
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Love Finance
We’re thrilled to announce that we’ve secured £45 million in debt financing, our first dedicated funding arrangement to power more SME business loans across the UK. 💜 This milestone package includes: - £35m Revolving Credit Facility (RCF) from FTSE 250 specialist lender Paragon Banking Group PLC - £10m junior Medium-Term Note (MTN) programme from LGB Capital Markets “Securing our first debt financing is a major milestone for Love Finance. This funding brings us closer to our goal of being the UK’s most trusted SME lender,” says Jack Smith, Founder & CEO. Grateful for the support and trust that allows us to scale our own book lending, make faster decisions, and help more UK SMEs access fast, flexible loans. 💡✨ Read more here: https://lnkd.in/eEdWjdDb
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Tony Craddock
If you ever question why collaboration pays, look at this result: advocacy groups from the #payments industry including UK Finance and The Payments Association have prevented well-meaning but disproportionate regulators from imposing 'creative' but what would have been seriously damaging changes to safeguarding regulations in the UK. The team at Travers Smith led by Natalie Lewis and Matt Humphreys highlight this outcome in their article, explaining how the changes being made will mean EMIs and PIs can continue to compete on a level playing field. World class collaboration. Riccardo Tordera-Ricchi Robert Courtneidge Mitch (Munish) Trehan Neil Harris Jana Mackintosh Nuala Jackson Sophie Boissier Ben Agnew Tom Brewin https://lnkd.in/evjedX7H
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