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Alba secures licence to help transform banking for small and medium sized businesses in Scotland via its high-tech and customer-focused solution. Scotland’s first bank solely dedicated to small and medium sized business lending has been granted a banking licence by the UK Prudential Regulatory Authority (PRA) and the FCA. Founded in 2018 with its headquarters in Glasgow, Alba was Author...
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Dozens, an everyday bank account, a savings ally, a money manager, a financially savvy friend - all in one app, is on a mission to make saving easier and more rewarding for all and they have onboarded over 1000 customer within just two weeks of its app launch. Traditionally, banks have relied on customer debt for profit – this is something not even the ‘challenger banks’ have qu...
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Challenger bank, Countingup, a UK business current account with integrated accounting and tax software, goes from from beta to official launch. Challenger Bank Countingup offers accounting and banking in one place for sole traders, freelancers and small businesses. Created in September 2017 by Tim Fouracre, Countingup is VC backed startup who have worked with more than 1,000 small businesses ...
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Ideas for Convincing the Bank That Your Idea is Credible If you'd like to start a business and need the initial funds to get your idea off of the ground, you'll have to be persuasive.  Convincing a bank that your business idea is credible is quite the challenge.  Let's take a look at some tips to make it happen. Show How You'll Use The Money Bank lenders will be more receptive to your...
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