UK Fintech Ecosystem Growing Steadily, Established and Emerging Startups Recognized in Latest Awards Shortlist

The UK FinTech Awards 2025 shortlist has been unveiled, spotlighting a diverse range of companies and individuals driving innovation across the financial technology sector. This year’s entries reached a record high, reflecting the growing strength and competitiveness within the UK’s fintech ecosystem. The shortlist, announced… Read More

Flutterwave, Nigerian Government Agency, Announce MSME Tech Partnership

Flutterwave, an African payments technology company, has announced a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide micro, small, and medium enterprises (MSMEs) across the nation with digital payment solutions, e-commerce tools, financial access, and capacity-building programs. The… Read More

American Express To Acquire Expense Management Startup Center

American Express announced that it has agreed to acquire Center, a software firm focused on modernizing expense management, in a deal aimed at creating a seamless platform that integrates corporate and small business card programs with automated accounting and reconciliation tools. American Express expects to… Read More

Acre Partners with UK’s Simplify, the Conveyancing and Property Services Group

Acre users will now be able to access live, detailed conveyancing statuses directly in their advice platform. This is due to new integration from Acre, the intermediary platform, in partnership with Simplify, the UK’s independent conveyancing and property services group and owners of Premier Property… Read More

UK’s Digital Bank OakNorth Reports Pre-Tax Profits of £215M

OakNorth – the digital bank for entrepreneurs, released its latest Annual Report, revealing pre-tax profits of £214.8m (appr. $271.6m) in 2024 (FY23 £187.3m / $236.8m). OakNorth provided over £2.1bn ($2.6bn) of gross “new lending in 2024, continuing its track-record of supporting ambitious and innovative businesses… Read More

TD Bank to Close 37 Branches as Digital Banking Adoption Grows

TD Bank has reported plans to shutter 37 branches across its East Coast footprint. The branches closed will impact multiple states including much of the east coast including several in Florida. TD Bank reports over 10 million customers and approximately $316 million in total deposits…. Read More

Switzerland’s Finance App Yuh Reportedly Achieves Profitability, Claims 300K+ Users

PostFinance noted that less than four years after its launch, Yuh has reportedly reached an important milestone: the Swiss finance app is said to be profitable. PostFinance also mentioned in a blog post that with now more than 300,000 users and customer assets of 3… Read More

Visa Introduces Scam Disruption Practice, Will Identify and Prevent Fraudulent Activities

Visa (NYSE: V), a global provider of payment technology, unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), has reportedly saved victims “$350 million across dozens… Read More

Clear Street Introduces OCC Cross-Margin Capabilities, Enabling Futures Traders to Improve Capital Efficiency

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the roll out of OCC Cross-Margin capabilities, allowing futures and options traders to “consolidate margin requirements and improve capital efficiency.” OCC Cross-Margin capabilities were launched in “anticipation of increased… Read More

Mifundo to Utilize Experian to Enable Cross Border Credit Accross EU

Mifundo reports that it has partnered with Experian to enable cross-border credit in the EU. Experience is a top credit reporting and analytics firm that provides services globally. Mifundo, founded in 2028 and based in Estonia, is developing an artificial intelligence cross-border date platform to power… Read More

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