Metro Bank has enhanced its business banking offering via three new fintech and SME partnerships.
Business lending marketplace Funding Options, international trade service specialists Conance and digital business account provider DueDil will team up with the challenger bank.
Metro Bank is currently aiming to inject competition into the SME banking market and is committed to collaborating with UK SMEs and fintechs.
“At Metro Bank, we are focused on collaborating with the most innovative partners in order to give our SME customers the edge in today’s competitive market,” said Paul Riseborough, chief commercial officer at Metro Bank.
“That’s why we’re proud to be partnering with and integrating Funding Options, Conance and DueDil into our proposition.”
Simon Cureton, chief executive officer at Funding Options, added: “Our goal is to ensure that all small and medium businesses can access the money they need, when they need it.”
Graeme Sands, managing director at Conance, stated that it looked forward to “enhancing” the business banking offering to Metro Bank’s customers.
Denis Dorval, chief operating officer at DueDil, described the performance of the SME sector as “booming”.
“…By digitalising the onboarding process for business banking, Metro Bank is poised to deliver better customer experiences for thousands of SMEs.”
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...