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UK Industry Professional Says £100M Tax Relief Package Is Step in Right Direction but Startups Need Consistent Policy

Following the news update that the United Kingdom government’s £100m entrepreneur tax relief package has now officially come into effect, CI received commentary from Leo Labeis, CEO and Founder of REGnosys, on just how sustained policy clarity and consistency is vital in effectively translating investments… Read More

UK Blockchain Industry Professional Shares Insights on Crypto Law with Focus on Compliance

Erica Stanford, an advisor on digital assets and AI, has recently shared some practical insights indicating that the United Kingdom, like most other major global jurisdictions, is steadily positioning itself as a key player in the global digital assets ecosystem, with a somewhat balanced approach… Read More

UK Lawmakers Push for Total Ban on Crypto Donations to Political Parties

In a significant escalation of the ongoing discourse surrounding digital currencies in British elections, the heads of seven parliamentary committees have formally requested that the UK government impose a complete prohibition on cryptocurrency contributions to political organizations. This appeal, detailed in a letter dispatched on… Read More

UK to Release Updated Stablecoin Regulatory Guidelines

Bank of England Deputy Governor Sarah Breeden has commented on recent concerns that the UK is behind the US when it comes to establishing proper stablecoin related oversight / guidelines. Breeden stated that the updated stablecoin regulations should become effective just as quickly as the… Read More

FCA Consultation on Public Offers and Admissions to Trading Closes, Winterflood Advocates Allowing Retail Investors Access to the Bond Market

The UK Financial Conduct Authority (FCA) has closed on a consultation that discusses changes to public offers and admissions to trading in the UK. Policymakers are looking to improve securities markets in the UK – both public and private. Any updates aim to support capital… Read More

Banco Santander, Lloyds Banking Group, UBS Complete Uncleared Bilateral Margin Payments via Fnality Payment System

Banco Santander, Lloyds Banking Group, and UBS have  completed the first uncleared bilateral margin payments using a digital representation of central bank funds on the Sterling Fnality Payment System (£FnPS). This “real-world” proof-of-concept reportedly “proves” that Fnality can be used to make bilateral margin payments… Read More

UK’s Investing in Women Code Show Progess on Gender Equity, Large Gap Remains

Recently the United Kingdom’s Department for Business and Trade published its annual Investing in Women Code report. It finds that venture capital fund managers who have signed up to the Code are more likely to invest in female founders. Roughly one in three (32%) of… Read More

UK Fintech GoCardless Selected By Topps Tiles to Launch Trade Pay Offering

Topps Tiles, the UK’s tile specialist, has tapped bank payments company GoCardless to power the payments behind Trade Pay, its newly launched trade credit scheme which gives traders the ability to regularly pay on credit in Topps Tiles stores. Thanks to GoCardless, traders can now… Read More

UK’s Competition and Markets Authority (CMA) Outlines Concerns in Markets for AI Foundation Models

The CMA has outlined 3 key risks to effective competition on AI Foundation Models and has set out plans for further action in the market. The move from the Competition and Markets Authority (CMA) follows its initial report on AI Foundation Models (FMs) last year…. Read More

UK Chancellor Jeremy Hunt Signs Berne Financial Services Agreement with Swiss Counterpart Karin Keller-Sutter

Chancellor Jeremy Hunt has (21 December) signed the Berne Financial Services Agreement, a pact on financial services cooperation, with his Swiss counterpart Karin Keller-Sutter. The agreement sets sectors where the UK and Switzerland will “mutually recognize each other’s domestic laws and regulations on financial services,… Read More

Buy, Sell, Hold Crypto: HubrisOne Plans Crowdfunding Round on Seedrs

HubrisOne, an app that enables the purchasing and sales of crypto, is planning to raise capital on Seedrs. HubrisOne was started by founders who “understood the challenges customers globally were facing with traditional banks.” The company explains: “As early cryptocurrency investors, we battled against switching… Read More

Wealthtech Platform Rerbium Introduces Waitlist for UK-based Clients, Platform to Go Live in 2020

Rerbium, a platform that assists individuals in managing their wealth, recently introduced its waitlist for the United Kingdom. The company says its platform will go live during the first half of next year. Rerbium’s management notes that the company’s platform connects many different investment-focused Fintech… Read More

UK Payment Terminal & Service Provider Yello Announces New Y7 Terminal Receives Industry Approvals/Certifications

UK-based payment terminal and payment services provider Yello announced on Monday its new Y7 terminal has received all industry approvals and certifications and is now ready for market. The company reported that the tablet-sized terminal removes long-established in-store pain barriers and represents a new generation of customer… Read More

Siren Craft Brew Secure More Than £1 Million During the Final Days on Crowdcube

Siren Craft Brew, a UK-based brewery, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million in funding. The funding round was launched last month, seeking £750,000, and has attracted over 1300 investors. Siren reported it first landed in 2013 with… Read More

BBIA: New Blockchain Association Launched to Represent UK Industry

Announced today, the UK blockchain industry has a new representative organization. The British Blockchain Industry Association (BBIA) seeks to provide a “clear voice for the UK blockchain industry, it’s members, stakeholders and the public good.” The group issued a release with a statement that it… Read More

Seedrs Says Andy Murray is Back in the Game with First Investments of 2018 in Two UK Fintechs

  Fintechs Investly and Landbay have received the backing of British tennis champion Andy Murray, according to investment crowdfunding platform Seedrs. Murray has backed these two early-stage firms as part of his relationship with Seedrs, today investing with undisclosed amounts. The platform shares that Murray’s… Read More

Innovate Finance Publishes Industry Fintech Sandbox Consultation Report

Innovate Finance has published a report today on industry sandboxes in the Fintech startup community. Lawrence Wintermeyer, CEO of Innovate Finance and Chair of the report, commented; “Industry Sandboxes offer new opportunities for the financial services sector to accelerate the use of shared knowledge, data… Read More

Yielders Claims First UK Fintech Company with Sharia Compliance Certification

Labeled a landmark event for Islamic Finance, Yielders has claimed to be the first UK Fintech company gaining a Sharia Compliance Certification. The equity-based property crowdfunding platform, founded by Irfan Khan,  successfully completed the independent sharia certification conducted by IFC and overseen by a prominent scholar. Achieving… Read More

Innovate Finance Forms UK / US Fintech Working Group to Explore Regtech

Innovate Finance, an association that represents the UK’s global Fintech community, together with its strategic partner Hogan Lovells, is reviewing the “potentially transformative role” of regulatory technology or Regtech.  Specifically, they are reviewing the highly fragmented US financial regulatory environment – one that stifles innovation… Read More

Superbrand: Zopa is Awarded Superbrand Status

Zopa, the first peer to peer lender to launch in the UK, has been recognized as a Superbrand receiving this status for the first time. Zope joins a coterie of some of the world’s most recognized brands including Virgin, British Airways, and Apple. Superbrands is… Read More

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