UK SMEs chasing £50bn in late payments, fintech opportunity ripe
SMEs are on average chasing five outstanding invoices at any one time.
SMEs are on average chasing five outstanding invoices at any one time.
Only around 7.5% of the SMEs who enter are successful.
This is intended to create a new service allowing UK SMEs to protect their income on an invoice-by-invoice basis.
Providing insurance via APIs for SMEs.
.@CloudPay raises $35 million in Series D funding fintechfutures.com/2020/08/payrol…
.@TheFCA highlights concerns with repeat borrowing fintechfutures.com/2020/08/fca-po…
.@PayPal has nabbed Wells Fargo’s Peggy Mangot for a venture capital role fintechfutures.com/2020/08/paypal…
.@Sync_Money, a UK challenger consolidating services around open banking, cross-border transfers, security and curr… twitter.com/i/web/status/1…
.@StarlingBank losses doubled to £52m fintechfutures.com/2020/08/starli…
Clik, a Cambodia-based payments fintech, has landed $3.7m funding led by @openwaygroup and POEMS [@PhillipCapital] fintechfutures.com/2020/08/cambod…
Fintech funding in Q2 2020 rebounded from Q1 by 17%, but the number of fintech deals is continuing to fall, accordi… twitter.com/i/web/status/1…
.@FNZ_group merger with GBST provisionally blocked by @CMAgovUK fintechfutures.com/2020/08/cma-bl…
