Credit, Collections & Insolvency News
Digital bank Monzo has announced that it will acquire digital mortgage broker Habito. Founded in 2016 Habito employs approximately 100 people. The deal comes as Monzo looks to branch out beyond its core digital banking products, becoming the first UK bank to offer end-to-end mortgage broking within its app. Kunal Malani, Chief Banking Officer at…
Read more
Credit management firm, Pepper Advantage has announced that its owner Pepper Global has entered into an agreement to sell the business to private investment firm J.C. Flowers & Co subject to regulatory approvals and customary closing conditions. The transaction is expected to be completed in the first quarter of 2025, pending regulatory approvals and other…
Read more
Begbies Traynor has announced that it has acquired Jones Giles & Clay. The deal sees Begbies Traynor welcome four experienced team members to the Cardiff-based team, including directors Susan Clay and Vaughan Jones, who were the principals of Jones Giles & Clay and operated as licensed insolvency practitioners. Both Clay and Jones have over 38…
Read more