Why you need a separate business account as a sole trader or startup

For many new entrepreneurs, keeping things as simple as possible in the early days is key. Which is why using the same bank account for personal and business purposes is so common. While this reduces some friction in the early days, the time will come where you’ll need to separate them - especially as you acquire your first customers. In this article, we’ll explore why having a separate...
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Fintechs need to be accredited for CBILSs and Bounce Back Loans

A fifth of SMEs bank with fintechs, such as Tide. Financial technology - fintech for short - describes the combination of financial services and technology to provide a larger range of convenient financial services and financial products. Examples of products and services provided by fintechs include primarily app-based banking (such as the service offered by Tide), mobile payments, peer-to-peer...
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