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Growth funding competition receives hundreds of pitches during two-day event. Scottish EDGE has invested in a total of 42 businesses with entrepreneurial potential, breaking its investment record with a total of £1.5m. The high growth potential business funding competition received hundreds of applications. After two days of pitching, judges chose the winners. Medical technology start-up …

Scottish EDGE invests £1.5 million into 42 businesses Read More »

Gigged.AI, Know-it, Kythera AI, Letting Cloud and PolyDigi Tech have been chosen as the Rising Stars 4.0 Scottish regional winners. A cohort of tech startups has today been announced by Tech Nation as the five Scottish Regional Winners of its fourth Rising Stars competition. Rising Stars 4.0 is Britain’s only national early-stage tech scaleup competition. …

Five Scots Firms Announced as Tech Nation Rising Stars 4.0 Winners Read More »

55% of lenders plan to adopt Open Banking technology by the end of 2021, with 93% of those businesses expecting to adopt the data-sharing initiative in the next 12 months; according to the recent data of Know-it.  One-fifth of lenders are to implement Open Banking-enabled products with a higher sense of urgency as a direct impact of …

Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021 Read More »

55% of lenders plan to adopt Open Banking technology by the end of 2021, with 93% of those businesses expecting to adopt the data-sharing initiative in the next 12 months; according to the recent data of Know-it.  One-fifth of lenders are to implement Open Banking-enabled products with a higher sense of urgency as a direct impact of …

Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021 Read More »

Open banking has been more widely adopted during the pandemic, so more than half of British lenders plan to speed up future roll out. More than 50% of UK money lenders have said they plan to adopt open banking in 2021, according to credit management firm Know-it. The way businesses and customers engage in the banking …

Open Banking to be Adopted by 55% of UK Credit Providers This Year Read More »

55 per cent of lenders plan to adopt open banking this year with 93 per cent of those businesses expect to adopt the data-sharing initiative in the next 12 months according to recent studies. One-fifth of lenders (19 per cent) plan to implement open banking-enabled products more quickly due to Covid-19. It is evident that …

Over half of UK credit providers to implement open banking in 2021 Read More »

Important changes are coming to the way businesses and customers engage in the banking ecosystem, according to credit management experts Know-it. 55 per cent of lenders plan to adopt open banking this year with 93 per cent of those businesses expect to adopt the data-sharing initiative in the next 12 months according to recent studies. One-fifth of …

Over half of UK credit providers to implement open banking in 2021 Read More »

New data from GoCardless illustrates the difficulties SMEs face when chasing late payments – and unsurprisingly, women struggle with this social issue the most. Lynne Darcey Quigley, CEO, and founder of Know-it, discusses why breaking this taboo is so essential. Recent data from Fintech firm GoCardless, published earlier this week, shows the scale, impact, and …

SMEs and female founders must break the money-talk taboo if they want to get paid on time Read More »

Late payments can be debilitating to any small to medium sized enterprise (SME). Over 50,000 cease trading every year due to this issue, with SMEs currently owed £61bn in late payments, a 20 per cent increase compared to this time last year. As the essence of the UK’s economy – around six million UK SMEs turnover an …

Tackling late payments to small to medium sized businesses crucial to economic recovery – Gordon Merrylees Read More »