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Glasgow-based loyalty and marketing business Swipii has secured a new £1 million investment from its existing stakeholder, Par Equity. Swipii has said it will use the funding to add further features to its customer loyalty app which earns cashback for users as they shop. The firm said it would

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UK digital challenger bank Monzo has launched its business banking service. The bank’s new service provides free and premium accounts in order to achieve its goal of reaching profitability in two to three years.

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