June 15, 2024 @ 7:00 am By Omar Faridi  |  

UK Finance released its latest Household Finance Review for Q1 2024, exploring trends across household, spending, saving, and borrowing. Mortgage borrowing in Q1 was down “compared with the same period the year before, despite growth in mortgage applications at the end of 2023.” Consumer spending… Read More

 Tagged research, uk, uk finance, united kingdom

June 15, 2024 @ 5:37 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with digital lender Jaja Finance to enable credit card repayments. Jaja will leverage TrueLayer’s payments product “to offer instant pay-ins, allowing customers to make one-off credit card repayments directly from their bank account.” This functionality is… Read More

 Tagged europe, jaja finance, open banking, truelayer

June 14, 2024 @ 11:01 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it has signed a cooperation agreement with a unit of Shenzhen Stock Exchange (SZSE), to support the development of HKEX’s Integrated Fund Platform (IFP). This cooperation will see Shenzhen Securities Communication Co. Ltd… Read More

 Tagged china, hkex, hong kong, integrated fund platform, shenzhen stock exchange

June 14, 2024 @ 6:17 pm By JD Alois  |  

BNP Paribas Personal Finance UK has commented on its most recent cohort of its UK Fintech Incubator Programme. In an event held at STEAMhouse, eight Fintechs showcased their products, which are focused on how to harness data to enhance engagement with customers in the financial… Read More

 Tagged bnp, BNP Paribas Personal Finance UK, stephen hunt, UK Fintech Incubator Programme

June 14, 2024 @ 5:18 pm By Omar Faridi  |  

Remote working Fintech Deel has introduced a new AI tool for enhancing various tasks. Deel says that this Ai tool helps with double-checking compliance rules. It assists with digging into your global workforce data, and then “making smarter business decisions faster using AI.” As explained… Read More

 Tagged ai, artificial intelligence, deel, digital technology

June 14, 2024 @ 5:17 pm By Omar Faridi  |  

The world of SaaS startup fundraising is unique, according to an extensive update from Capchase. It’s fast-paced, data-heavy, and can be “unpredictable at times,” Capchase notes in a blog post. As explained by Capchase, today’s funding landscape “has more to offer founders than ever before.”… Read More

 Tagged capchase, fundraising, saas, startups

June 14, 2024 @ 12:28 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers serving more than 1.4 million UK workers, and Wahed, the Islamic digital investment platform, have launched a new campaign supporting greater diversity and inclusion within workplace pension schemes. The initiative encourages Muslim employers and savers to… Read More

 Tagged online pension provider, smart pension, uk, wahed

June 14, 2024 @ 10:11 am By JD Alois  |  

The securities crowdfunding industry needs to do a better job of highlighting successes for investors as well as embracing the failures. Entrepreneurship generates enormous benefits for society, but investors backing these early-stage firms are taking on a lot of risk. Most startups fail, and some… Read More

 Tagged crowdcube, monzo, perspective, revolut, seedrs, uk, united kingdom

June 14, 2024 @ 8:57 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products “for the French market since launching in the country in 2016.” Starting this summer, Alma, the buy… Read More

 Tagged france, stripe

June 14, 2024 @ 8:55 am By Omar Faridi  |  

WealthKernel, a digital investing infrastructure provider, announces a new partnership with Fint Invest, a digital wealth-building and educational platform catering to the next generation of investors. Fint, a digital solution powered by IronMarket Wealth, aims to “help young investors by offering them modern portfolios aligned… Read More

 Tagged fint invest, investing, wealthkernel, wealthtech