Worldpay, the card payments processor that recently picked up the crown for the biggest London IPO of the year with a value of £4.8bn, is expanding its US small and medium sized business lending into the UK. The division, known as Worldpay Business Finance, will use its extensive data on its customers to offer them a cash advance that will then be paid back from their future credit and debit card sales. Worldpay was a part of Royal Bank of Scotland until the bank was forced to sell it in 2010 as part of its bailout package following the financial crisis.

http://www.cityam.com/230206/ipo-giant-worldpay-will-start-to-offer-loans-to-small-business-using-big-data