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Cashplus expands with £30m debt facilities led by RBS

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Cashplus, a London-based alternative financial services provider has announced two new, three-year funding arrangements totalling £30 million ($40.52 million), reports Paybefore (Banking Technology‘s sister publication). Senior debt facilities will be provided by NatWest/Royal Bank of Scotland (RBS) with BCI Finance, the investment division of Blenheim Chalcot, providing mezzanine financing. Although not a bank, Cashplus says […]

D+H Corporation bullish on payments software business

Gerrard Schmid, D+H Corporation,

North American software provider, D+H Corporation, has made optimistic noises over its Global Transaction Banking Solution (GTBS) unit in its latest financial results. The vendor claims to have “won a majority of payment hub RFPs” as well as “surpassed the Fundtech [now GTBS] backlog record” in generating revenue from the existing projects. Gerrard Schmid, CEO […]

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