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Comment: UK fintechs hope to provide key to SMEs struggling to get emergency bank loans

By Fiona Maxwell ( April 14, 2020, 12:46 GMT | Comment) -- UK financial technology companies are hopeful they can swoop in and save the day for struggling companies that have been unable to access funding through the incumbent lenders during the Covid-19 crisis. As criticism increases over the UK government’s emergency loan program, which despite hundreds of thousands of inquiries has seen few businesses actually get loans from banks, fintechs are desperate to step up to the lending plate.UK financial technology companies are hopeful they can swoop in and save the day for struggling companies that have been unable to access funding through the incumbent lenders during the Covid-19 crisis....

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