July 16, 2025 @ 8:59 am By Omar Faridi  |  

OakNorth, a digital bank for entrepreneurs, has provided a $53m loan to DAC Developments and Melrose Ascension Capital. Founded in 2016, DAC Developments is a Chicago-based real estate development company “with a focus on multifamily residential and mixed-use ground up developments.” With 85 projects completed… Read More

 Tagged digital bank, loans, oaknorth, uk, united kingdom

July 16, 2025 @ 8:56 am By Omar Faridi  |  

PensionBee, a Fintech in the consumer retirement market, is calling again for the urgent introduction of a legally mandated 10-day pension switch guarantee, as new consumer research “reveals the UK’s pension transfer system is failing millions of savers.” Ending Pension Purgatory builds on this year’s… Read More

 Tagged online pension provider, pension, pensionbee, uk, united kingdom

July 15, 2025 @ 10:12 pm By Omar Faridi  |  

ZBD, a Fintech creating a payment experience for interactive entertainment, and ClearBank, an enabler of real-time clearing and embedded banking, have announced a new partnership, coming on the heels of ZBD being granted an Electronic Money Institution (EMI) license in the Netherlands. ZBD was one… Read More

 Tagged clearbank, Lightning Network, payments

July 15, 2025 @ 12:26 pm By Omar Faridi  |  

A long-simmering legal battle between veteran Chicago floor traders and CME Group, the world’s largest derivatives marketplace, finally reached the courtroom. Nearly 4,000 traders, once the lifeblood of Chicago’s iconic trading pits, are seeking over $2 billion in damages in a class-action lawsuit that accuses… Read More

 Tagged chicago, cme, cme group, lawsuit, trading

July 15, 2025 @ 9:07 am By Omar Faridi  |  

Panda, as described in a blog post from Crowdcube, is an upcoming Fintech platform for students & hospitality fans, aiming to blend “real-time discovery of restaurants, bars and venues with flexible credit” via Panda Credit. The company aims to streamline “how people find & pay… Read More

 Tagged crowdcube, panda, uk, united kingdom

July 15, 2025 @ 8:28 am By Omar Faridi  |  

Ireland is positioning itself as a global Fintech hub, with the Department of Finance unveiling a strategy to create 8,000 to 10,000 new jobs in the sector over the coming years. In an interview with FinTech Magazine, Minister of State for Finance, Robert Troy, outlined… Read More

 Tagged europe, finance, ireland

July 15, 2025 @ 1:34 am By Omar Faridi  |  

The UK financial services sector is undergoing a transformative period, with recent developments highlighting efforts to foster inclusivity, innovation, and resilience. Key updates from UK Finance underscore initiatives like the Investing in Women Code, advancements in payment systems, IT challenges, compliance with the EU’s Digital… Read More

 Tagged uk, uk finance, united kingdom

July 14, 2025 @ 10:36 pm By Omar Faridi  |  

Cboe Europe, operator of the largest pan-European stock exchange by value traded and a division of Global Markets, Inc. (Cboe: CBOE), announced its plans to launch a retail-focused trading service on its Lit order book designed to enhance execution outcomes for retail investors trading stocks… Read More

 Tagged cboe, europe, stock exchange, trading

July 14, 2025 @ 10:28 pm By Omar Faridi  |  

The Bank of England has announced a comprehensive review to ensure continued access to physical currency, particularly for the most vulnerable members of society. This decision comes amid reports that some Britons, especially those reliant on cash for daily transactions, are increasingly facing challenges as… Read More

 Tagged bank of england, cash, uk, united kingdom

July 14, 2025 @ 6:13 pm By Omar Faridi  |  

Lloyds Bank is reportedly engaged in advanced discussions to acquire Curve, a UK-based Fintech company, for approximately £120 million. Curve is also a company that pursued securities crowdfunding, raising money online during its earlier days. According to sources cited by Sky News, the deal could… Read More

 Tagged acquisition, curve, lloyds bank, uk, united kingdom