A few days back, Barclays, a global financial services company that provides various financial products and services worldwide, invested in London-based fintech startup MarketInvoice. It’s worth mentioning that in 2018, Barclays grabbed an equity stake in MarketInvoice and launched the service to its large small and medium enterprise client base.
Right now, the UK company has announced a partnership with Nimbla, a pioneer of single invoice insurance. For the uninitiated, Nimbla is a digital insurance platform designed to protect small and medium-sized businesses against insolvent and late-paying customers.