TruFin's Satago inks subscription deal with Sage
20th Oct 2022 17:56
(Sharecast News) - TruFin announced on Thursday that its investee Satago has signed an agreement with accounting and business software giant Sage to include subscription to Satago within certain 'Sage 50' subscription packages.
Read moreTruFin ups stake in Satago as it inks Lloyds Bank deal
29th Jul 2022 16:07
(Sharecast News) - TruFin said on Friday that its majority-owned investment Satago and Lloyds Banking Group have entered into a five-year commercial agreement for the bank to licence Satago's software platform for its single invoice finance and whole-of-book invoice factoring customers.
Read moreLloyds takes stake in and board seat at TruFin's Satago
9th Mar 2022 14:40
(Sharecast News) - TruFin announced on Wednesday that, following the commercial pilot first announced in December 2020 and a competitive tender process, Lloyds Bank has confirmed its intention to licence Satago's software platform for its single invoice finance and whole-of-book invoice factoring customers.
Read moreLiberum upgrades Trufin to 'buy'. highlights opportunity from pilot with Lloyds
10th Dec 2021 10:30
(Sharecast News) - Analysts at Liberum upgraded their recommendation for shares of fintech outfit TruFin from 'hold' to 'buy', highlighting to clients the potential for "strong" revenue growth starting from the 2023 financial year.
Read moreTruFin's Satago extends commercial pilot with Lloyds, financial benefits delayed
10th Dec 2021 09:55
(Sharecast News) - Lender TruFin said on Friday that its Satago Financial Solutions subsidiary had broadened its relationship with Lloyds Bank and extended its commercial pilot.
Read moreTruFin positive on outlook after 2020 loss
19th Apr 2021 12:15
(Sharecast News) - Financial technology-focussed investment company TruFin reported gross revenues from continuing operations of £14.8m in its final results on Monday, representing year-on-year growth of 102%.
Read moreTruFin shares soar as division enters pilot with Lloyds Bank
11th Dec 2020 11:42
(Sharecast News) - TruFin announced on Friday that its Satago business has entered into a commercial pilot with Lloyds Bank, whereby Lloyds would licence Satago's software platform for its customers seeking single invoice finance solutions.
Read moreDistribution Finance repays TruFin loan early
9th Dec 2020 11:41
(Sharecast News) - Newly-authorised bank Distribution Finance has repaid its outstanding loan to TruFin, it announced on Wednesday.
Read moreTruFin trades in line, launches tenders offer
4th Dec 2019 12:49
(Sharecast News) - FinTech investment outfit TruFin has continued to trade in line with the expectations since its last trading update in November, with all subsidiaries experiencing good demand for their solutions.
Read moreTruFin narrows losses on improved revenues
8th Nov 2019 09:16
(Sharecast News) - Lending business TruFin narrowed losses during the third quarter thanks to a marked increase in revenues.
Read moreTruFin aims for UK bank licence early next year
29th Nov 2018 09:07
(Sharecast News) - British niche lender and early payment provider TruFin has completed the build of its savings business in anticipation of a successful UK bank licence application via its Distribution Finance Capital unit.
Read moreTruFin investee Zopa gets fresh £44m round of funding
3rd Aug 2018 10:19
(Sharecast News) - TruFin announced on Friday that Zopa, in which it currently owned around 15%, has agreed a further round of equity capital investment to be deployed to support the capital needs of the "next generation bank" it has been building.
Read more