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UK fintech MarketInvoice wins backing from Barclays and Santander as banking disruption gathers pace
Barclays and Santander are funding the UK fintech as part of a £56 million "series B" round, demonstrating a disruptive shift in consumer banking.
Entrepreneurs from TransferWise, Funding Circle, Onfido, Monzo, FreeAgent, MarketInvoice, and Starling Bank have all joined the Fintech Delivery Panel (FDP).
Treasury minister: ‘Significant appetite’ for UK investment as Dutch insurer Aegon signs £160 million Funding Circle deal
Aegon will lend £160 million to small businesses over Funding Circle's platform, initially for a year but with scope to extend the arrangement to four years.