Fintechs join forces to support small businesses

Fintechs join forces to support small businesses
Starling, the digital bank, and Funding Circle, the UK’s largest small business loan platform, have entered a strategic partnership to provide £300 million of lending to small businesses under the Coronavirus Business Interruption Loan Scheme (CBILS). Starling will lend through Funding Circle alongside other institutional investors, and will help more than 4,000* small businesses to access finance across the UK.
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SOURCE: UKTN 18/05/2020