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“While many lenders have prioritised existing customers and even blocked new customers from applying for loans backed by the government’s Coronavirus Business Interruption Loan Scheme (CBILS), alternative lender ThinCats has opened its doors.
The FinTech Time reports:
“Money transfer group TransferGo has appointed Edgardo Savoy as its new chief technology officer.
A new challenger bank seeks out a wealthy client base. The Times reports:
“A former chief executive of the Co-operative Bank, has become chairman of a start-up digital lender seeking to shake up the market for wealthy customers.