--- title: tomato pay blog (3) description: (3) image: https://blog.tomatopay.co.uk/hubfs/images/tomatopay-logo.png --- tomato pay blog (3) We use cookies to deliver our services. By using our website, you agree to the use of cookies as described in our [privacy policy](https://blog.tomatopay.co.uklegal/privacy_policy). Accept [![Tomato Logo](https://blog.tomatopay.co.uk/hubfs/images/tomatopay-logo.png)](https://www.tomatopay.co.uk) Menu [Get Started](http://tomatopay.app.link/W0BW7m9cuhb) - Business ![](https://blog.tomatopay.co.uk/hubfs/images/icon-chevron.png) [Business App](https://www.tomatopay.co.uk) [Security](https://www.tomatopay.co.uk/security) [Pricing](https://www.tomatopay.co.uk/#subscription-pricing) [Get Started](http://tomatopay.app.link/W0BW7m9cuhb) - Enterprise ![](https://blog.tomatopay.co.uk/hubfs/images/icon-chevron.png) [Partner Ecosystem](https://www.tomatopay.co.uk/ecosystem) [API Platform](https://www.tomatopay.co.uk/platform) [API Docs](https://docs.tomatopay.co.uk/) [API Status](https://www.api.expert/industry/openbankingukproduction) [Case Study - Santander](https://www.tomatopay.co.uk/cashflow-manager-by-santander-tomatopay/) [Case Study - SMART](https://www.tomatopay.co.uk/smart) [Case Study - Charity](https://www.tomatopay.co.uk/charity-partner-lune) [Let's Talk](https://www.tomatopay.co.uk/contact) - Media ![](https://blog.tomatopay.co.uk/hubfs/images/icon-chevron.png) [Blog](https://blog.tomatopay.co.uk) [Newsroom](https://www.tomatopay.co.uk/newsroom) - [Help Centre](https://help.tomatopay.co.uk/en/) - [Consumer Waitlist](https://www.tomatopay.co.uk/consumer) - [Get Started](http://tomatopay.app.link/W0BW7m9cuhb) [Get Started](http://tomatopay.app.link/W0BW7m9cuhb) [Consumer Waitlist](https://www.tomatopay.co.uk/consumer) [Security](https://www.tomatopay.co.uk/security) [Pricing](https://www.tomatopay.co.uk/#subscription-pricing) [Partner Ecosystem](https://www.tomatopay.co.uk/ecosystem) [APIs](https://www.tomatopay.co.uk/platform) [API Docs](https://docs.tomatopay.co.uk/) [Blog](https://blog.tomatopay.co.uk) [Newsroom](https://www.tomatopay.co.uk/newsroom) [Help Centre](https://help.tomatopay.co.uk/en/) [About](https://www.tomatopay.co.uk/about-us) [Let's Talk](https://www.tomatopay.co.uk/contact) ## tomato pay blog [All](https://blog.tomatopay.co.uk)   | Filter Category... Announcements Economy and Ecosystem Opinion Profiles and Interviews Working at tomato pay Product Understanding Fintech Five-Minute Finance ###### [Product Sole traders, small businesses and QR codes Nov 9, 2020 9:00:00 AM Although our offering has evolved, our mission has always stayed the same - to fundamentally change how small businesses access financial services and products.](https://blog.tomatopay.co.uk/sole-traders-small-businesses-and-qr-codes) ###### [Profiles and Interviews Black History Month and Pinterest: How we can all support Black-owned small businesses Nov 6, 2020 2:00:00 PM Last Saturday (31st of October) marked the final day of Black History Month 2020.](https://blog.tomatopay.co.uk/why-this-years-black-history-month-was-more-important-than-ever) ###### [Announcements tomato pay to speak at Prepaid International Forum Oct 22, 2020 9:00:00 AM tomato pay (formerly Fractal) CEO and co-founder Nicholas Heller will be presenting the current state of small businesses and sole traders and how fintechs can help them during the covid-19 crisis at 11.20am on Friday 23rd October 2020.](https://blog.tomatopay.co.uk/tomato-pay-to-speak-at-prepaid-international-forum) ###### [Announcements tomato pay showcasing at the Global SME Finance Forum Oct 22, 2020 9:00:00 AM tomato pay (formerly Fractal) CEO and co-founder Nicholas Heller will be giving his thoughts on how SMEs have been impacted by the pandemic, how women-owned businesses in particular have been impacted by the crisis, tomato pay's concerns around SME financing, what gives us hope about SME financing over the next decade, and our experiences with the SME Finance Forum.](https://blog.tomatopay.co.uk/tomato-pay-showcasing-at-the-global-sme-finance-forum) ###### [Working at tomato pay Working at tomato pay: Isabelle Weitz Oct 7, 2020 5:00:00 PM 2020 has not been easy on graduates. Covid-19 has left students, including myself, finishing degrees in an environment where jobs are sparse, companies are struggling and the economy is crumbling.](https://blog.tomatopay.co.uk/my-journey-at-tomato-pay) ###### [Announcements tomato pay to speak at TNW Conference 2020 Sep 30, 2020 9:00:00 AM We are so excited to join this year's virtual TNW flagship event on the 1st and 2nd of October 2020 Make sure to tune in at 10am (BST) to watch our CEO and co-founder Nicholas Heller speak about tomato pay (formerly Fractal) experiences working with the Department for International Trade (DIT) alongside Myrthe van der Erve, COO of TNW and Lucy Ferguson, Deputy Ambassador, UK Embassy The Hague.](https://blog.tomatopay.co.uk/tomato-pay-to-speak-at-tnw-conference-2020) ###### [Announcements tomato pay features in AltFi, The Fintech Times and The Paypers following BCR Pool-E win Aug 19, 2020 9:00:00 AM tomato pay (formerly Fractal), together with untied are delighted to announce that its SMART (SMEs Manage Accounts Receivables and Tax) solution has won its £2.5 million Pool E bid for the Banking Competition Remedies (BCR) Capability and Innovation fund, designed to improve the financial products and services available to small businesses. tomato pay and untied will use the BCR bid winnings to save 50,000 businesses a year.](https://blog.tomatopay.co.uk/tomato-pay-bcr-pool-e-win) ###### [Announcements tomato pay and untied to use Pool E money from BCR Capabilities and Innovation fund to save 50,000 business a year with SMART solution Aug 18, 2020 9:00:00 AM 18th August 2020 tomato pay (formerly Fractal), together with untied are delighted to announce that its SMART (SMEs Manage Accounts Receivables and Tax) solution has won its £2.5 million Pool E bid for the Banking Competition Remedies (BCR) Capability and Innovation fund, designed to improve the financial products and services available to small businesses. Fractal and untied will use the BCR bid winnings to save 50,000 businesses a year.](https://blog.tomatopay.co.uk/tomato-pay-untied-wins-pool-e-bcr) ###### [Economy and Ecosystem How three million individuals and businesses have been excluded from Government support Aug 4, 2020 2:00:00 PM The several-month-lockdown has caused the economy to suffer the worst contraction in 41 years due (the economy dropped by 20.4% in April) due to a lack of consumer confidence in spending.](https://blog.tomatopay.co.uk/how-three-million-individuals-have-been-excluded-from-government-support-during-covid-19) ###### [Product tomato pay and untied's SMART solution: sole traders' feedback Jul 22, 2020 12:00:00 PM We are thrilled to have put in a bid for the Banking Competition Remedies (BCR) Capability and Innovation fund, designed to improve the financial products and services available to small businesses alongside untied, the UK’s personal tax app. Together we are partnering to create SMART (SMEs Manage Accounts Receivables and Tax) to help sole traders, who makeup 60% of UK small-medium-sized-enterprises (SMEs) and are key drivers to the UK economy. We believe that we can save 50,000 businesses a year, as well as decrease the average outstanding debt to SMEs by 29%, saving the economy £1 billion per year.](https://blog.tomatopay.co.uk/sole-traders-feedback-on-smart) ###### [Opinion Our support for the #BLM movement, and cultivating a diverse workplace as a long-term strategy Jul 21, 2020 1:00:00 PM At tomato pay we unequivocally stand by those making a change for the better to give Black individuals rights most people take for granted; to lead a life without fear, without discrimination and equal opportunities to succeed and flourish.](https://blog.tomatopay.co.uk/our-support-for-the-blm-movement-and-cultivating-a-diverse-workplace-as-a-long-term-strategy) ###### [Announcements tomato pay's reaction to Chancellor Rishi's Summer Statement in The Fintech Times Jul 13, 2020 9:00:00 AM UK Chancellor Rishi Sunak has had his work cut out for him over the past few months. Since his last statement in the Spring budget, he was forced to make revisions to the amount of money the government were willing to give out to help small businesses, and to those who were unable to work throughout the lockdown.](https://blog.tomatopay.co.uk/tomato-pay-reaction-to-chancellor-rishis-summer-statement) ###### [Profiles and Interviews The Coronavirus Job Retention Scheme and its effect on SMEs Jul 10, 2020 11:15:00 AM The pandemic has made one thing clear: in the end, we can only survive with the support and help of each other.](https://blog.tomatopay.co.uk/the-coronavirus-job-retention-scheme-and-its-effect-on-smes) ###### [Announcements tomato pay features in AltFi, Fintech Finance and Finextra Jul 10, 2020 9:00:00 AM We're so thrilled to be partnering with untied, a personal tax app, to create SMART (SMEs Manage Accounts Receivables and Tax) as part of our bid for the £2.5million, and £5million pots in the BCR Capability and Innovation Fund.](https://blog.tomatopay.co.uk/tomato-pay-features-in-altfi-fintech-finance-and-finextra) ###### [Economy and Ecosystem What can we learn from the Chinese economy after Covid-19? Jul 8, 2020 10:30:00 AM Six months ago the first Covid-19 case was registered in the Hubei province in China.](https://blog.tomatopay.co.uk/lessons-from-chinas-economy) - [1](https://blog.tomatopay.co.uk/page/1) - [2](https://blog.tomatopay.co.uk/page/2) - 3 - [4](https://blog.tomatopay.co.uk/page/4) - [5](https://blog.tomatopay.co.uk/page/5) ## Subscribe to our newsletter For content and product updates leave your email and subscribe [![tomato pay](https://blog.tomatopay.co.uk/hubfs/images/tp-footer-logo.svg)](https://www.tomatopay.co.uk) ##### Business - [Business App](https://www.tomatopay.co.uk) - [Business Guide](https://www.tomatopay.co.uk/guide) - [Security](https://www.tomatopay.co.uk/security) - [Pricing](https://www.tomatopay.co.uk/#subscription-pricing) - [Get Started](http://tomatopay.app.link/W0BW7m9cuhb) ##### Enterprise - [Partner Ecosystem](https://www.tomatopay.co.uk/ecosystem) - [API Platform](https://www.tomatopay.co.uk/platform) - [API Docs](https://docs.tomatopay.co.uk/) - [API Status](https://www.api.expert/industry/openbankingukproduction) - [Let's talk](https://www.tomatopay.co.uk/contact) ##### Who are we? - [About us](https://www.tomatopay.co.uk/about-us) - [Careers](https://www.tomatopay.co.uk/careers) - [Blog](https://blog.tomatopay.co.uk) - [Newsroom](https://www.tomatopay.co.uk/newsroom) ##### More Information - [Help Centre](https://help.tomatopay.co.uk/en/) - [Consumer Waitlist](https://www.tomatopay.co.uk/sign-up) --- ##### Follow us: [Privacy Policy](https://www.tomatopay.co.uk/legal/privacy_policy) | [AIS Terms of Use](https://www.tomatopay.co.uk/ais_terms_of_use) | [PIS Terms of Use](https://www.tomatopay.co.uk/pis_terms_of_use) Email: [info@tomatopay.co.uk](mailto:info@tomatopay.co.uk) Job enquiries: [jobs@tomatopay.co.uk](mailto:jobs@tomatopay.co.uk) Address: 2 Underwood Row, London, N1 7LQ Copyright © 2026 tomato pay. 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