Tagged: barclays

October 29, 2025 @ 7:48 am By Omar Faridi  |  

Barclays PLC announces its wholly-owned US consumer banking subsidiary, Barclays Bank Delaware, has agreed to acquire Best Egg, Inc. for $800 million. Completion of the transaction is currently said to be subject to required regulatory approvals as well as other customary conditions. Best Egg is a US D2C personal loan… Read More

October 17, 2025 @ 8:16 am By Omar Faridi  |  

SIX, the financial data and market infrastructure provider, signed a seven-year strategic partnership with Barclays, the global banking group, in order to support the banking institution’s international growth and enabler greater cost efficiencies. Strengthening the relationship, the collaboration will reportedly see Barclays’ business – which… Read More

August 19, 2025 @ 10:58 am By JD Alois  |  

Tomorrow, the UK will provide an update on inflation rates. In June, the consumer price index (CPI) hit 3.6% in the 12 months to June 2025, up from 3.4% in the 12 months to May.  The was the highest since January 2024. On a monthly… Read More

June 19, 2025 @ 9:53 am By JD Alois  |  

The Bank of England decided to hold rates steady today, mainly due to concerns about sticky inflation. The Monetary Policy Committee (MPC), by a six-to-three vote, decided to hold the bank rate at 4.25%. The three dissenters preferred to lower rates by 25 basis points. The… Read More

May 20, 2025 @ 11:15 am By JD Alois  |  

Tomorrow (May 21st), the UK government will release its monthly inflation numbers. As of March, the annual rate of inflation is trending at 2.6%. The Bank of England holds a mandate to move inflation down to 2% but last month the Bank decided to cut… Read More

January 26, 2025 @ 11:18 pm By Omar Faridi  |  

Barclays has announced the closure of its fintech accelerator program, Rise, by mid-2025, leaving the New York fintech ecosystem grappling with the loss of what many consider a cornerstone of the community. The decision has sparked significant concern among founders, venture capitalists, and industry leaders… Read More

October 31, 2024 @ 11:17 am By Omar Faridi  |  

Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also “participated in this round.” In… Read More

August 13, 2024 @ 10:04 am By JD Alois  |  

Tomorrow, the UK government will update the country on the status of inflation.  The last reading, released in June, showed an inflation rate of 2.8% – higher than the benchmark target of 2% inflation – the same goal held in the US. Last November, inflation… Read More

June 16, 2024 @ 3:57 pm By Omar Faridi  |  

Hometree, a residential energy services company, has raised £250m in debt financing from Barclays to help homeowners finance the installation of solar panels, battery storage systems, and heat pumps through a range of lease and loan products. The zero-deposit payment options are uniquely “designed for the… Read More

April 14, 2024 @ 1:17 pm By Omar Faridi  |  

Barclays has reportedly led Funding Xchange’s (FXE) Series B round, which is said to be open to a number of FXE clients. The fundraising is bringing together key investors and will aim to enhance FXE and its ability to drive ecosystem adoption. This reportedly includes… Read More

April 3, 2024 @ 8:17 pm By Omar Faridi  |  

AGL Credit Management LP, an investment manager specializing solely on corporate credit strategies, and Barclays Plc, a global Investment Bank, announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit. AGL PC combines AGL’s established credit competency… Read More

March 21, 2024 @ 7:39 am By Omar Faridi  |  

UK Fintech Kriya is reportedly advancing £500 million to businesses banked by Barclays. Kriya has commented on their partnership in a new blog post. According to Kriya, a major part of their business success is “down to the organizations they partner with and the merchants… Read More

January 19, 2024 @ 2:12 pm By Omar Faridi  |  

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on “helping high growth climate tech startups to connect, grow and scale.” The site has undergone a significant retrofit, “with the goal of reducing its carbon emissions by 90 per cent compared to 2018.”… Read More

October 17, 2023 @ 11:17 pm By Omar Faridi  |  

iwoca, which claims to be one of Europe’s largest SME lenders, announces a new funding line with initial commitments of £200 million from Barclays and Värde Partners. In January this year, iwoca secured “an increase and extension to its existing funding line, with long-standing partner… Read More

September 19, 2023 @ 8:10 am By Omar Faridi  |  

ThinCats, an alternative lender, has agreed a new warehouse facility with Citi and Barclays Bank PLC supported by a guarantee through the British Business Bank’s ENABLE Guarantee program. This new facility supports lending of “up to £696m for mid-sized smaller businesses in the UK, making… Read More

July 19, 2023 @ 10:26 am By JD Alois  |  

TP24, a Fintech that offers SMEs revolving loans from £250,000 to £5,000,000, reports that it has raised £345 million in debt funding from Barclays Bank and M&G Investments. TP24 says that £240 million of the funding will be used for lending to SMEs in the… Read More

June 15, 2023 @ 10:53 pm By Omar Faridi  |  

FIA Tech, which claims to be a leading futures industry technology provider, announced that it raised an additional $25.4 million in a funding round “led by six existing shareholders, Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan and Wells Fargo, in addition to BNP… Read More

May 27, 2023 @ 4:59 pm By Omar Faridi  |  

Barclays has announced that it is further developing its working capital offering by investing in and implementing Trade Ledger’s next-generation working capital orchestration platform. This new platform will “provide industry leading end-to-end credit management automation for Barclays Corporate clients in the UK and around the… Read More

May 13, 2023 @ 2:41 pm By Omar Faridi  |  

LendInvest PLC (AIM: LINV) has revealed that BNP Paribas SA joined its £300 million financing syndicate with HSBC Holdings PLC and Barclays PLC in order to support the ongoing growth of its short-term mortgages. LendInvest is a London-headquartered  non-bank mortgage lender, and BNP Paribas is… Read More

May 11, 2023 @ 9:51 am By Omar Faridi  |  

TransferMate and Barclays have announced a new collaboration that will bring an international receivables solution to the market, “to help UK businesses reduce transaction costs and save time.” Barclays clients operating in GBP will now be “able to invoice their customers in their clients’ local… Read More