James Tall
The nascent ‘Lending-as-a-Service’ market is one to watch closely
SMEs, especially the smaller ones, have struggled to access sufficient credit in recent times. The COVID-19 pandemic has certainly exacerbated the situation, but let’s not forget that this battle has been going on for years now.
The UK fintech sector steps up in the battle against COVID-19
UK peer-to-peer lending giant Zopa was conceived in 2005, but it’s fair to say that the bulk of the fintech wave appeared from 2010 onwards – after the financial crisis.
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The Everly Summary (weekly TOP5 news)
Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the last week in a TOP 5 list!
Robinhood managed to raise another $460m
The stock trading app Robinhood has added $460m to its Series G funding round closing a total of $660 million at an $11.7 billion valuation.
Yandex agrees to Tinkoff bank acquisition for $5.5bn
Yandex is Russia’s biggest tech company and now it is set to buy the challenger bank called Tinkoff for $5.5 billion.
TransferWise reports 70% revenue growth and a 4th straight year of profitability
Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.
