On this week’s episode of News & Views, The Fintech Times podcast team discuss HSBC‘s decision to quit the Net Zero Banking Alliance, and news that a Berlin-based fintech is launching in the UK.
This week, Tom and Polly break down two recent fintech news stories. First on the agenda, the pair break down HSBC’s announcement that it has left the Net Zero Banking Alliance, sharing their opinions and then exploring some other viewpoints from across the industry.
Next, Polly discusses re:cap, a fintech platform offering debt-based funding and capital management, which is set to launch in the UK with a €125million credit facility to offer flexible debt financing to UK tech startups and growth-stage companies.
Our podcast team discuss the potential impact this move could have for smaller-scale tech firms based in the UK, explaining how the offering, which is backed by HSBC Innovation Banking and Avellinia Capital, will look to emulate the success it has already seen in Germany.
Listen to episode 207 now to hear all of the details and opinions:
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Berlin Fintech re:cap Expands to UK with €125m Facility Backed by HSBC and Avellinia
Does HSBC Net Zero Alliance Exit Signal a ‘Dangerous Disconnect’, or Will Only Time Tell?