Evolution Funding appoints Chief Operating Officer

2nd December 2021 Appointments | #appointments

Evolution Funding, the motor finance broker and technology provider, has appointed Katie Hayes to the board as its Chief Operating Officer. Bringing over 22 years’ experience in the sector, Hayes joins Evolution from Lloyds Banking Group, where she was a member of the senior leadership team within the motor finance division. Positions held include Head…

Read more

TotallyMoney and Zuto agree car finance partnership

1st December 2021 Company News |

TotallyMoney has announced its API integration with Zuto to enable more personalised car financing options. TotallyMoney says that it’s API integration with Zuto offers customers personalised quotes, meaning greater transparency while removing surprises. Its customers will be shown guaranteed rates prior to application so they know what they’re getting before they apply. In addition to…

Read more

Global contactless card transactions reach $2.5 trillion in 2021

28th July 2021 Consumer Collections |

A new report from Juniper Research has found that global contactless card transaction values will reach $2.5 trillion in 2021, from $1.7 trillion in 2020, with cards retaining the majority share of overall contactless transaction values at 79% in 2021. The pandemic has significantly accelerated an existing contactless card usage trend, and these value increases…

Read more

Starling Bank acquires Fleet Mortgages

27th July 2021 Company News |

Starling Bank has agreed to a £50 million deal to acquire for buy-to-let mortgage group Fleet Mortgages. The deal is the first acquisition by the Goldman Sachs-backed start-up that is targeting an initial public offering within two years. Fleet Mortgages, based in Hampshire, focuses on providing mortgages to professional and semi-professional buy-to-let landlords, only via…

Read more

RVU set to acquire Mojo Mortgages

12th July 2021 Company News |

RVU, owners of Uswitch, Confused.com and Money.co.uk has agreed to acquire Mojo Mortgages. Mojo, based in Manchester, is a free online mortgage broker, delivering personalised mortgage recommendations through a hybrid of smart tech and human mortgage experts. The growing company of over 60 employees has won numerous industry awards for innovations such as Mortgagescore, an…

Read more

Consumer finance new business grew by 116% in May

6th July 2021 Banking and Loans |

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 116% in May 2021 compared with the same month in 2020.  In the first five months of 2021, new business was 15% higher than in the same period in 2020. The retail store and online credit sector…

Read more

Just Mortgages recruits 37 new brokers in June 

1st July 2021 Appointments |

Broker firm, Just Mortgages, has announced the recruitment of almost forty new brokers in the past month. Nineteen brokers have graduated from Just Mortgages most recent training academy to join its employed division. These brokers enter the business from varied backgrounds, including banking and estate agency and will be based in its extensive estate agency…

Read more

Three-quarters of advisers believe their clients will turn to equity release

28th June 2021 Arrears and Recoveries |

New research from leading equity release lender, more2life, has revealed that over three-quarters (78%) of advisers think more of their customers will look to equity release to support basic retirement needs over the next year. More than half (59%) of advisers also think a greater number of their clients will enquire about equity release as a…

Read more

Broker Director banned for taking money but owing creditors £140,000

14th June 2021 Business |

A Director of a broker company has been banned for taking money despite owing creditors £140,000. The broker who traded while insolvent and failed to pay creditors £140,000 has been disqualified for 7 years. Kathleen Shepherd, from Southampton, was the sole Director of Shepherd Site Services Limited, a company that acted as a broker to…

Read more

Consumer finance new business grew by 147% in April

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 147% in April 2021 compared with the same month in 2020.  In the first four months of 2021, new business was 1% higher than in the same period in 2020. The retail store and online credit sector…

Read more

Households repay £377m in consumer credit

3rd June 2021 Arrears and Recoveries |

Latest Bank of England (BoE) figures show that consumers continued making net repayments of consumer credit in April 2021. The figures show that households collectively made a £377 million net repayment in consumer credit, the repayment figures included credit cards, personal loans and overdrafts. Analysis shows that while people have been making significant net consumer…

Read more

FCA launches measures to protect consumers from insurance loyalty penalty

28th May 2021 Arrears and Recoveries |

The Financial Conduct Authority (FCA) has announced a package of remedies to improve competition and protect home and motor insurance customers from loyalty penalties. The changes mean that people renewing their home or motor insurance will pay no more than they would as a new customer from January. The FCA says that these measures address the…

Read more

Stonebridge appoints new Operations Director

21st May 2021 Appointments |

Mortgage and insurance network, Stonebridge has announced the appointment of a new Operations Director. Gavin Earnshaw joins the business on the 1st June and will lead Stonebridge’s strategy to deliver operational efficiencies across the Group and help it scale the business to achieve further substantial growth. Reporting into Stonebridge Chief Executive, Rob Clifford, Earnshaw will…

Read more

1 2 3 31