Tagged: barclays

BNP Paribas Joins LendInvest’s £300M Mortgages Financing

LendInvest PLC (AIM: LINV) has revealed that BNP Paribas SA joined its £300 million financing syndicate with HSBC Holdings PLC and Barclays PLC in order to support the ongoing growth of its short-term mortgages. LendInvest is a London-headquartered  non-bank mortgage lender, and BNP Paribas is… Read More

Barclays, Fintech TransferMate to Provide International Receivables Payments Solution for UK Firms

TransferMate and Barclays have announced a new collaboration that will bring an international receivables solution to the market, “to help UK businesses reduce transaction costs and save time.” Barclays clients operating in GBP will now be “able to invoice their customers in their clients’ local… Read More

London Stock Exchange Group Signs Strategic Partnership with Barclays

LSEG (London Stock Exchange Group) and Barclay’s have signed a new multi-year strategic partnership. Building on their longstanding relationship, the agreement “includes a wide range of capabilities to support Barclays across the full ecosystem of businesses to enhance delivery for customers and clients and prepare… Read More

Coinbase Might Relocate to UK, Other Jurisdictions: Report

Coinbase (NASDAQ:COIN) is reportedly getting ready for an anticipated “years-long” court case with the US Securities and Exchange Commission (SEC). This, according to a report from CNBC, which is citing comments from Coinbase CEO Brian Armstrong. It appears that this update has come after the… Read More

Barclays Reveals that Value of Contactless Payments Is Up Nearly 50% in 2022

New data from Barclays, which sees nearly half of the nation’s debit and credit card spending, reveals that “a record 91.2 per cent of all eligible card transactions were made using contactless payments last year – a sign that consumers and businesses are continuing to… Read More

Risk Management Firm Acin Receives Investment from JP Morgan, Citi, BNP Paribas, Barclays, Lloyds Banking Group

Acin, the global operational risk control data network, announced it has closed $24 million in Series B funding from a strategic consortium of banks, “comprised of JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group.” The investment round was also “supported by existing investors… Read More

Barclays Launches Free Cashback without Purchase Service in the United Kingdom

Barclays is rolling out a new cashback without purchase service, “creating thousands of new locations for consumers to withdraw cash for free.” This is the first time a UK bank has “launched its own cashback without purchase service, made possible by Barclays’ payments franchise and… Read More

Liberis Secures an Additional £140M from Barclays, BCI Finance to Fund SMEs

Liberis, a global embedded business finance platform,  announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance in order “to help secure its global partner expansion and growth plans for the next two years.” This brings Liberis’ total funds raised… Read More

Barclays Deploys Microsoft Teams Globally as Preferred Collaboration Platform

Barclays Bank PLC and Microsoft Corp. (NASDAQ: MSFT) announced Barclays has “deployed Microsoft Teams as its preferred collaboration platform, powering collaboration for more than 120,000 colleagues and service partners in key locations around the globe.” Under the agreement, Barclays is “streamlining its existing communications and… Read More

Barclays Takes Stake in Digital Asset Firm Copper

UK-based banking institution Barclays has reportedly taken a stake in Copper via the cryptocurrency custody company’s recent funding round and has invested substantially even though there’s less enthusiasm for volatile crypto-assets. This, according to an update from Sky News. Established back in 2018, Copper offers… Read More

Ex- Barclays Bank UK CEO Ashok Vaswani Joins Fintech Pagaya as President

Pagaya, a global, data-driven financial technology company reshaping the future of finance, has announced Ashok Vaswani as its President. This additional key hire “is a pivotal next step to continue the company’s recent growth and expected ascent to becoming a publicly traded company in June.”… Read More

Rainmaking Tapped to Help Barclays Grow Fintech Programs

Barclays today announced Rainmaking, a corporate venture builder, will help it launch a new suite of initiatives targeted at fintech founders across the globe to help grow and develop their companies. The first to launch is the Rise Start-Up Academy, a virtual digital skills-building accelerator… Read More

Amazon Decides to Continue to Accept Visa Cards in the UK, For Now

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

Amazon Partners with Barclays to Allow Clients to Make Payments in Instalments in the UK

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

Belgian Banks Take Top 2 Spots in Sia Partners Rankings, Revolut Falls to #3

A pair of Belgian banks have ousted Revolut from the top spot in the fourth annual Sia Partners‘ Mobile Banking Benchmark: A Study on the Present State of Mobile Banking in the World. Sia Partners considered 135 banks in 17 countries across Europe, North Africa,… Read More

Barclays to Enhance Compliance with Assistance from Regtech Firm Clausematch

Barclays has introduced automated policy management and compliance tech from Regtech firm Clausematch to 90,000 workers across the globe. We're excited to share that @Clausematch #PolicyPortal is now streamlining compliance for all @Barclays employees globally! The rollout of the Portal is the culmination of a… Read More

UK Fintech Form3 Acquires $160M via Series C Led by Growth Equity Business within Goldman Sachs

Form3, the platform payment tech provider, has revealed that its Series C investment funding of $160 million has been finalized. Form3‘s investment round has been led by the Growth Equity business within Goldman Sachs Asset Management and included contributions from existing investors. This brings the… Read More

UK’s Property Finance Platform LendInvest Enters £150M Partnership with Barclays, HSBC

LendInvest (LON: LINV) has reportedly entered a £150 million partnership with Barclays (LON: BARC) and HSBC (NYSE: HSBC). UK-based LendInvest, an asset management platform that’s focused on property finance, has reportedly committed to £150 million partnership with Barclays and HSBC in order to get funding… Read More

Santander Says They Have Stopped Payments to Binance for Customers’ Protection

Following the announcement from Barclays that it would no longer allow transfers to the world’s largest crypto exchange Binance, Santander has announced it will do the same. As posted on the Santander website, the bank explains: We’re stopping payments to Binance for your protection We… Read More

Barclays Blocks UK Customers From Transferring Funds to Binance

At the end of last month, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited was no longer permitted to undertake any regulated activity in the UK. Binance Markets is part of the broader Binance Group – a company that powers the largest… Read More

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