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Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Glia Launches Industry-First Contractual Guarantee Against AI Hallucinations and Prompt Injections Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership MoonPay Launches New Funding Options for Pump.fun Traders Red Rocks Credit Union Partners with My First Nest Egg to Help Member Families and Local Students Build Healthy Money Habits Early Emprise Bank Adds Fintech Entrepreneur Randy Fernando to Board of Directors Unlimit Appoints Irene Skrynova as CEO, Global Payments European Fintech Blackcat Launches Multi-Wallet App Combining Euro and Crypto Accounts, Completing Rebrand DeepTarget Debuts RetainIQ™: Leveraging AI-Driven Insights and DXP Automation to Turn New Account Openings into High-Yield, Lifelong Growth UAE Markets Face Sharp Volatility as Geopolitical Headlines Drive Investor Mambu Selected as Core Banking Provider by Nyla, Africa’s First Islamic Neobank

Businesses Determined to Grow Despite Economic Uncertainty 

Research conducted by RateSetter Business Finance shows that, despite the uncertainty created by Brexit, more than 40% of businesses in the UK – and nearly half (48%) of those based in London  are expecting to grow this year. 

Four in five businesses owners (82%) intend to invest in their company in 2017. 

The findings contrast with recent statistics from the British Business Bank (BBB) which showed that half of UK SMEs have not sourced external finance for three years and that 70% borrowed less than £25,000 on the last occasion.

The total value of business lending dropped by 11% in 2016 compared with 2015 and, more recently, borrowing by non-financial companies decreased by £1.6bn in February. 

Paul Marston, RateSetter’s Managing Director, Commercial Finance, commented: 

While the exact impact of Brexit on small and medium sized businesses will not become clear for some time, it’s reassuring to see that almost half expect to grow this year and are considering the finance they need to make this possible.”

For the best SMEs, 2017 will present many opportunities, and we’re already seeing high-calibre businesses approaching us for finance in order to grow and become more productive.”

  1. Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market Read more
  2. RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Read more
  3. Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Read more
  4. Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences Read more
  5. BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Read more
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