eCapital bolsters UK presence with Optimum Finance purchase
Specialised financing solutions provider eCapital has acquired UK-based specialist invoice financier Optimum Finance, for an undisclosed sum. This move marks…
18 Oct 2024
Compass Box secures $45.6m ABL facility from Santander UK
Compass Box, an independent brand known for its blended Scotch Whisky, has obtained a £35m ($45.6m) lending facility from Santander UK. This asset-backed lending package will be used to bolster…
14 Oct 2024
UK’s Teesside renewables sector receives $293m boost
The UK Government has announced a $293.37m (£225m) investment in the Teesside renewables sector through a partnership with South Korean investors. Supported by UK Export Finance (UKEF) and the Korea Trade…
09 Sep 2024
Danish SME lender kompasbank rakes in $5.94m
Kompasbank has raised DKr40m ($5.94m) in capital, primarily from existing investors, to bolster its lending portfolio and expedite the development of its offerings. The digital business bank's focus on small…
04 Sep 2024
BBVA secures UK approval for Sabadell’s TSB bank takeover
Spanish banking company BBVA has secured approval from the UK's Prudential Regulation Authority to take indirect control of TSB, the British banking unit of Banco Sabadell. This authorisation is a…
02 Sep 2024
Oma Savings Bank acquires Handelsbanken’s SME operations in Finland
Oma Savings Bank (OmaSp) has closed the acquisition of Svenska Handelsbanken's SME enterprise operations in Finland. The transaction, first announced in May 2023, includes the transfer of personal banking services…
30 Aug 2024
Allica Bank expands into bridging finance with Tuscan Capital acquisition
Allica Bank has marked its entry into the bridging finance market by acquiring UK-based bridging lender Tuscan Capital. The acquisition represents a significant expansion of Allica's commercial finance offerings to…