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Barclays and Santander lead £26m investment into UK-based lender MarketInvoice
Anglo-South African lender’s tie-up with MarketInvoice is first such banking venture
Shaun Alexander will oversee the risk team with a plan to develop artificial intelligence
Giles Andrews joins site that lets companies sell their invoices in return for cash
High street lenders charge 6.4p on average for every £1 of invoice finance
Authority to buy invoices of small businesses through a peer-to-peer site and collect the debt