Finance News

MD Steve Barber
Wirral-based Bridging Finance Solutions targets fifth consecutive year of growth

Richard Bell

Merseyside’s Bridging Finance Solutions has revealed plans to double its turnover. The Wirral-based company achieved a 102% year-on-year turnover increase in 2016 and anticipates similar growth over the coming 12 months. Loans…

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FinTech platform connecting app developers with financial firms closes $1.3m funding round

Billy Wood

London-based FinTech firm, TrueLayer, has closed a $1.3m seed funding round led by a pair of venture capital houses along with a line-up of angels. The investment round in the business…

Chinese flag - 130 Colmore Row, Birmingham
UK pursues China trade route with life science and healthcare delegation

Jamie Hardesty

Minister for Asia Alok Sharma is leading a delegation of UK healthcare and life science businesses to south China to explore trade opportunities. UK Minister for Asia and the Pacific, Mr…

Image: The Co-Operative - Wikimedia Commons
Manchester-headquartered Co-Op Bank goes up for sale

Richard Bell

Just four years after almost collapsing, the Co-Operative Bank has announced plans to put itself up for sale. The Manchester-headquartered company this morning (February 13) said it is inviting offers to…

L to R: Barry Gill, director of TIG Corporate Finance, Jamie Paterson, group managing director of PT
Newcastle’s PTM to continue scaling up with £750k investment

Jamie Hardesty

Newcastle-based training provider PTM Group has revealed plans to take on new staff and expand its office space, after receiving a £750k investment from fund management company FW Capital. Enjoying record…

 MarketInvoice’s co-founders Anil Stocker and Ilya Kondrashov.
MarketInvoice touts £2bn lending ambition in big year for FinTech platform

Billy Wood

Peer-to-peer (P2P) online invoice financing platform, MarketInvoice, has said it is targeting £2bn of lending to businesses this year, as it looks to almost double the £1.1bn it has lent…

Work.Life Co-Founders, Elliot Gold and David Kosky.
Co-working company Work.Life secures £300k for Bermondsey site

Billy Wood

Work.Life, the co-working space network in the capital, has secured a £300k finance deal to open a new site in south London as a prelude to UK-wide expansion. The group, which…

 Nickie Gott of She’s Gott It, which was the 100th different North East company in which NEL investe
Investment returns from North East Growth Fund surpass £20m mark

Jamie Hardesty

The Finance for Business North East Growth Fund, managed by NEL Fund Managers, has announced a return of £20m on its investments in the region.  Beginning in early 2010, 146 investments have been…

Samantha Deakin Hill and Michael Howe
Campus Capital partners with Manchester Uni to invest thousands in early-stage tech firms

Richard Bell

Newly launched venture capital firm Campus Capital has signed a partnership with the University of Manchester to identify the tech stars of the future. The agreement will see Campus Capital invest…

Credit Peers has launched its P2B platform today.
Peer-to-business property loan platform helmed by Credit Suisse and Goldman execs launches today

Billy Wood

A new peer-to-business (P2B) lending platform has launched today giving investors the chance to lend to big-name property firms and developers. London-based Credit Peers allows individuals to lend from £500 to…

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Proxama secures five-year deal with ‘leading’ South African insurance provider

Billy Wood

London-based digital and mobile commerce company, Proxama, has announced a new five-year deal with a South African insurance group for its smart card systems. The deal will see Proxama provide the…

Pamela Cunliffe
£1m milestone for R&D Tax Claims’ Northern business

Richard Bell

After launching in the North West two years ago, R&D Tax Claims (North) Limited has hit the seven-figure mark in tax relief claimed back for its clients. The firm, which selected…