Dec 29, 2020
The swathe of corporate insolvencies we’ve seen over the past year shows no sign of slowing down! February 2023 figures show the number of companies going insolvent jumped 17% year on year, reaching 1,783. This is a huge 33% higher than pre-pandemic levels! In Scotland company insolvencies are up 11% compared to last year. The …
Company Insolvencies Show No Sign of Slowing Down Read More »
We’ve just introduced a brand new member to the Know-it team! Welcome Clara Gobrecht, our new Customer Success Manager! Clara will be on hand to onboard new users and help businesses get the most out of the Know-it platform to help them mitigate credit risk, reduce debtor days and boost their cashflow. We sat down …
A business credit report is a powerful tool at your disposal that will allow you to get a glimpse into the financial shape of your customers, helping you make smarter credit decisions. It can also help you identify areas of improvement in your own business that will make you more favourable to lenders and suppliers. …
Complete Guide To Reading A Business Credit Report Read More »
Know-it, the all-in-one credit management solution, has today announced a new partnership with Swoop to bring Invoice Finance-it to the cloud-based platform. With the instances of late payments continuing to soar after hitting a two-year high in 2022 and the number of corporate insolvencies rocketing over the past year, Know-it has introduced invoice financing to …
Know-it Partners With Swoop To Offer Invoice Finance Read More »
In 2022, the UK averaged around 2,000 insolvencies per month, with figures continuing to rise in December. As the economic situation seems set to deteriorate further, Lynne Darcey Quigley, Founder and CEO of Know-it, explores some basic ways businesses can secure their bottom lines, and avoid contributing to insolvency statistics in the next 12 months. …
December insolvency stats cap year to forget for UK business Read More »
Trade credit insurance provides much needed protection against the risk of your customers going into liquidation or administration! Think about the companies on your sales ledger and their average order value, could you afford for some of them not to be able to pay you as a result of going insolvent? In 2022 the number …
What Is Trade Credit Insurance & How Does It Work? Read More »
Invoice finance is a fantastic way to get a quick injection of cash to your business when you need it! Has there ever been a time when you’ve been in a tough spot waiting for your overdue invoices to be paid? It’s a familiar situation too many businesses are finding themselves in. Invoice finance is …
From new technologies to tough regulations for crypto, 2023 is already looking like a year of change for fintech. We teamed up with Edouard Billion, Managing Director at PPS, and Lynne Darcey Quigley, CEO and Founder of Know-it, to discuss the top 10 trends transforming fintech over the next 12 months- and which motivators are driving this change. Our roundup …
Top 10 fintech disruptions to watch out for in 2023 Read More »
There are a variety of reasons why this past year has been challenging. Businesses worldwide have become accustomed to adapting to new circumstances due to post-pandemic complexities, war-induced energy crises, cryptocurrency market crashes, high inflation and soaring interest rates. However, despite all these challenges, the UK fintech market has grown steadily and has provided businesses …
A Look At The Top Six Fintech Trends In The UK In 2023 Read More »
In spite of many challenges, the UK fintech market has continued its growth – providing businesses with ways to remain ahead of the curve and offer simpler, more accessible financial services, with the UK retaining its number one position as Europe’s top fintech market. Lynne Darcey-Quigley, CEO and Founder of Know-it, writes for Payment Expert on the …
Know-it: Six fintech trends to look out for in 2023 Read More »
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