So much going on at the moment...28 Jun 2019 00:01
Tally Ltd, through its wholly owned UK incorporated subsidiary TallyMoney Ltd, intends to develop banking account, payment services and business tools (including a Tally SME marketplace and P2B lending platform) for UK SMEs (Small to Medium Enterprises). It was the intention to assess and pursue entry into the UK SME sector in 2021, however the company has applied for a grant from the Banking Competition Remedies Ltd Capability & Innovation Fund which was established to encourage businesses to: develop and improve their capability to compete with RBS in the provision of banking services to SMEs, and develop and improve the financial products and services which are available to SMEs. Should TallyMoney Ltd be awarded a grant it will bring forward its plans for the UK SME market and commence that work in September 2019.