Latest news from the team

Credit Clearing and the Missing Middle, Part 3 Clearing thrives when businesses outgrow the coins in their purse. In this instalment we move from mediaeval market fairs, as explored in the previous article, to purpose-built clearing institutions. From the Bank of Amsterdam in 1609 to the London bankers huddled in a Lombard-Street tavern in 1770, the idea was the same: share the maths, spare the money. …

Impact Data Metrics to empower fintech start-up Local Loop Merseyside’s cashflow mission IMPACT Data Metrics (IDM), the research and data analytics innovator, has struck a ground-breaking commercial agreement with ambitious fintech company Mutual Credit Services (MCS). The partnership–IDM’s first in the business finance sector, will see MCS, a socially-focused company, integrating IDM’s unique and proprietary Business Occupiers dataset into its innovative Local Loop Merseyside (LLM) platform. …

Credit Clearing and the Missing Middle, Part 2 The History of Clearing Clearing, at its core, is about paying as many debts as possible with the minimum use of cash, resulting in more efficient trade at lower risk. While this sophistication may sound modern, versions of the practice can be traced back centuries. …

Credit Clearing and the Missing Middle, Part 1 The global economy feels dominated by large corporate players and financial institutions, while at the grassroots, small and medium-sized enterprises (SMEs) have to navigate an obstacle course of tight credit conditions, cashflow challenges, and uncertain demand. Yet these smaller businesses collectively represent 99. …