Metro Bank boosts SME offering with new FinTech startups

October 11, 2019 | SME Finance
Written by FinTech Alliance
Metro Bank boosts SME offering with new FinTech startups

Metro Bank has made deals with three FinTechs to boost its SME offering.

In Brief:

  • Funding Options will help Metro to let firms it cannot finance compare their options from other providers.

  • Conance will give Metro’s SME customers trade advice and specialist solutions.

  • DueSil’s predictive intelligence will be deployed by Metro in 2020.

What does this mean?

As part of RBS’ bailout fund disbursement, Metro was awarded £120mn to help boost competition in the small business banking market. Therefore it must use the funds to help with this – and these three partnerships are the start.

Read more here.

 

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