Credit, Collections & Insolvency News
Startline Motor Finance has announced that is has appointed Alan Greer as its new Head of Finance. Greer will be responsible for managing and developing the finance function of the business, his responsibilities will include contributing to its overall growth strategy and business plan by delivering value-added insights from a financial perspective. Previously, Greer spent…
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AperiData has announced that it has joined forces with payment and retail services specialist, PayPoint. T The company says that the collaboration marks a significant milestone in the evolution of the UK’s Open Banking offerings. It targets the modernisation of the dated Consumer Credit scoring market by blending in real time Open Banking data for…
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Property lender, Together has announced it has promoted experienced corporate finance expert Chris Baguley to a new role driving future growth for the specialist lender. Baguley has now taken up the position of Group Channel Development Director, a new role to provide strategic support and to launch new initiatives, aimed at further building the business’s…
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Arrow Global has announced the acquisition of Blue Current Capital (BCC), an ESG-focused real estate asset manager dedicated to the development of electric vehicle (EV) charging hubs. Arrow says that the acquisition is part of its commitment to investing in opportunities that focus on generating positive social or environmental outcomes alongside financial returns, particularly those…
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Specialist lender Together has bolstered its executive team by appointing experienced financial services leader John Barker as the Group’s Chief Operating Officer (COO). In his new role as Group COO at Together, Barker will take responsibility for operations across the Cheadle-based business, which provides personal and commercial secured finance and has a loan book of…
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Freedom Finance Mortgages (FFML) has announced it has promoted Gareth Wallace to be its new Commercial Director. The mortgage advisory business, focuses on second charge mortgages. Wallace has worked for the company for eight years and has previously held the position of operations manager and sales underwriting. Wallace said “As the UK economy continues to…
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Digital bank Tandem has announced that it has secured £20 million in Tier 2 capital from Quilam Capital, a growth investor with expertise in the speciality finance sector. The capital raise concluded in late June 2023, following a process supported by financial services advisor Alantra. Commenting on the transaction, Alex Mollart, Chief Executive Officer of…
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TransUnion and NatWest Group have expanded their existing partnership to introduce Know Your Credit Score – the first credit information service from a retail bank available to all eligible consumers in the UK. The new service builds on the success of the bank’s existing tool, powered by TransUnion’s CreditView solution, which has already seen more than five million customers…
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Tipton & Coseley Building Society have announced that Adam Evetts will become the mutual’s new Chief Executive Officer (CEO) early next year. The Building Society has announced that Richard Newton will be stepping down as its Chief Executive Officer, after 10 years in the role and after 32 years total service to the Society. He…
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Experian has launched a new service which will help banks and building societies identify and close ‘money mule’ accounts which are used to house fraudulently-obtained funds. Money mules are individuals who have agreed to let their bank accounts be used by criminals in exchange for cash. According to new insights from Experian, 42% of first-party…
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Aryza has announced a new partnership with EBP Money, Australia’s newest digital lender. EBP Money is part of the FSA Group, the company offers tailored rates across all risk grades within their unsecured personal loan book. Commenting on the partnership, Ariel Timothy, Aryza CSO said “We were excited to work with EBP Money to deliver…
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Direct-to-consumer (D2C) payments technology and advertising platform Zilch has announced the official rollout of its Ad-Subsidised-Payments-Network (ASPN) to third parties through open APIs. Zilch initially created ASPN to power its own ad-subsidised Buy Now Pay Later (BNPL) product offering, attracting over 3 million registered customers in just 24 months and seeing more than 5,000 retailers…
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Maven Equity Finance part of the Northern Powerhouse Investment Fund (NPIF), has led a six-figure investment in AperidData. The announcement of the transaction will enable the business to embark on a programme of growth, expand its portfolio of customers, enter new markets and create up to 10 new jobs in the region. AperiData is an…
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