If you’re heading abroad and want to avoid hefty foreign transaction fees, multi-currency travel cards have become an increasingly popular alternative to traditional bank debit cards. One of the biggest names in this space is Revolut, which offers a travel debit card that lets you spend in more than 150 currencies and manage everything through […]
Is Revolut good for spending aboad? We review Revolut’s Travel Card Read More »
Online mortgage platform Tembo has raised £16m in fresh funding as it looks to expand its support for first-time buyers and accelerate growth across the UK housing market. Tembo’s new investment round was led by Gresham House Ventures, with participation from existing backers including the McPike Family Office, the largest shareholder in Starling Bank, alongside
Tembo raises £16m to make online mortgage brokerage easier Read More »
Allica Bank has launched a new business overdraft aimed at established small and medium-sized enterprises (SMEs), as the challenger bank looks to address what it describes as a £15 billion shortfall in working-capital funding for UK businesses. The introduction of overdrafts for businesses comes against a backdrop of a dramatic long-term decline in overdraft availability.
Allica Bank launches business overdrafts of up to £2m for SMEs Read More »
Business Bank Allica Bank has passed a major milestone in the UK’s SME lending market, announcing it has now delivered more than £1 billion in asset finance lending since launching its proposition in 2021. Allica Bank says demand from brokers has accelerated sharply, with Allica now receiving an average of around 750 broker applications per
Allica Bank Hits £1bn Asset Finance Lending Averaging 750 Monthly Applications Read More »
Allica Bank has announced its “most significant pricing change yet”, cutting commercial mortgage and bridging finance rates by as much as 1.3% in a move designed to win business from high street lenders and boost support for established SMEs. The changes were unveiled live to more than 500 broker partners, with Nick Baker, Allica’s Chief
Allica Bank Cuts Commercial Mortgage and Bridging Rates by Up to 1.3% Read More »
Challenger bank accounts are newer, digital-only (and sometimes app only) entrants to the financial markets, which compete directly with established banks. They often do this by playing to their strengths as a smaller organisation and offering a specialism which has been underserved by the big banks. Where incumbent banks are large and cumbersome, challenger banks
Who are the best challenger banks in the UK for 2026? Read More »
Will mortgage rates drop in the UK during 2026? Mortgage interest rates are predicted to continue to fall throughout 2026 as the mortgage price war gathers pace in early 2026 as lenders increase offers to entice new customers and the Bank of England is expected to cut the base interest rate further. According to forecasts
UK Mortgage Rate Predictions For 2026 Read More »
Can you get a mortgage with Revolut? No, Revolut does not offer mortgages in the UK, but using it as a bank account will not stop you from getting a mortgage. Mainstream mortgage providers can use Revolut banking statements as evidence of income and spending to approve mortgage applications. If you need a mortgage in
Revolut Mortgages: Everything You Need To Know Read More »
As we enter 2026, it feels as though the world is changing at an accelerating pace. Artificial intelligence is set to continue transforming the workplace, cryptocurrencies have sold off, and the markets are more volatile than ever due to the presidency of Donald Trump as president, and the geopolitical chess game continues on. While there
Top 10 ways to make money online in 2026 Read More »
Lloyds Banking Group is preparing to shut its invoice factoring service for small businesses, marking the latest retreat by a major UK lender from a form of finance widely used by cash-strapped SMEs. As reported in the FT, the decision by Lloyds to stop helping small business improve their cash flow, follows similar moves elsewhere
Blow for SME’s as Lloyds to invoice financing for small businesses Read More »