Why don’t banks care about SMEs?
For a service sector dealing almost solely with numbers and structured data, the world of
small business lending could not be better suited to disruption by digital machines...
Open Banking has failed small businesses (but Open Accounting might not)
A ‘revolution’ in financial services: that was how the dawn of Open Banking was described at
the start of last year. Its advent, coming as the result of major Europe-wide regulatory change,
was put up in lights and widely seen as heralding a transformation in the way consumers and small
businesses interact with their finances...
#FinOnAir Ep. 24 - The Pool D Remedies Fund
Ross Gallagher is joined by Emily Nicolle to talk about the recent Remedies Fund Pool D
announcement and take a look at the winners.
Five fintech firms scoop combined £25m from RBS competition fund
Five fintech firms have been awarded a combined £25m from an RBS competition fund
designed to boost business banking competition.
Codat, Fluidly, Form3, Funding Options and Swoop Finance were all given £5m in Pool D of
the £775m fund, where the focus shifted to the commercialisation of fintech...
Fintech startups win a share of £25 million from RBS bail out fund
Five fintech startups - Codat, Fluidly, Form3 Funding Options and Swoop Finance - are
the latest beneficiaries of the RBS bail out fund, each picking up £5 million in awards
to boost competition in the market for SME banking...
Meet the five fintechs bagging £25m from Banking Competition Remedies Pool D
The Banking Competition Remedies Pool D (BCR) giveaway sees five fintechs each pocket
£5m. In total 60 fintechs applied to BCR for a share of the Pool D fund. The application
window ran between 1 November 2018 and 30 April 2019. Banking Competition Remedies Pool
D is designed to facilitate the commercialisation of
financial technology that is relevant to SMEs...