Tagged: brexit

Q&A: UK Marketplace Lender Growth Street CEO Greg Carter Talks Transparency, Brexit and Fintech Innovation

“As the industry matures and looks to grow beyond a base of early adopters, I believe a focus on clarity will best help us to attract new investors.” Growth Street, an FCA-authorized UK business finance platform focusing on SME loans, has aimed to become a… Read More

France’s Government Ambitions To Make Paris the No.1 Financial Marketplace After Brexit

On July 11, at the 23rd edition of the Paris Europlace International Financial Forum, Edouard Philippe, the Prime Minister of France reached out to 1,500 leaders of global financial services firms: “Welcome to Paris.” He said in English. “The French government is committed to boost… Read More

Still Strong: UK Continues to Attract Foreign Direct Investment

The UK Department for International Trade has announced that the UK has attracted more foreign direct investment (FDI) projects than ever before for the year 2016 to 2017. This is encouraging news in light of Brexit and the looming changes regarding the UK’s relationship with continental Europe…. Read More

London & Partners Have No Fear: Record Level VC Investment Secures London’s Undisputed Tech Leadership

Record levels of venture capital investment at the start of 2017 has helped London retain its crown as Europe’s number one tech hub for global investors, according to new data from London & Partners, the Mayor of London’s promotional agency. “London remains Europe’s leading hub… Read More

TransferWise CEO Taavet Hinrikus Talks Fintech & Brexit Worries (Video)

With Brexit talks taking place this week between the UK and European Union (EU), CEO of TransferWise, Taavet Hinrikus sat down with CNBC to discuss the UK’s soon departure from the EU and what could happen to London.  During the interview, Hinrikus stated: “One regulator… Read More

Fintech Firm Alfa Financial Raises $1.2 Billion in IPO, UK’s Largest of 2017

On Friday of last week, London-based fintech firm Alfa Financial Software’s shares began being publically traded on the London Stock Exchange. Shares opened at 325 pence, giving the company an initial valuation of about 975 million pounds or US $1.2 billion, making it the UK’s… Read More

Crossflow Payments CEO Duggan: £266 billion of SME Turnover Delayed by Late Supplier Payments

The growth prospects of SMEs are being potentially stalled due to late payments, according to new research of over 1,000 SMEs commissioned by Crossflow Payments, the Fintech platform delivering supply chain finance solutions. “Brexit is increasing the issue of late payments and reducing investment by… Read More

Asset Match Report: UK Consumers are Rallying Behind British Business Following Article 50

Asset Match, a London-based company offering a trading market for unlisted companies, is out with a report on UK sentiment following Brexit and Article 50 progress. According to their research, consumers are rallying behind British business with “overwhelming confidence” that UK business will benefit from… Read More

Gina Miller is Crowdfunding to “Do What’s Best for Britain”

Gina Miller is attempting to raise £10,000 through crowdfunding to encourage tactical voting during the United Kingdom’s upcoming elections this summer which were unexpectedly called by Prime Minister May. Miller is a businesswoman and founder of SCM Private, an asset management company. However, Miller acquired a… Read More

IW Capital Research: UK Investors Mixed on Brexit’s Impact on Their Financial Strategy

IW Capital has published research on UK investor sentiment regarding Brexit and the impact of Article 50. Surveying 1000 investors who have between £10,000 and over £250,000 worth of investments, IW Capital says that a significant number of investors are willing to shoulder greater risk in… Read More

Kabbage Co-Founder & Head Fintecher Kathryn Petralia: Power Lending, Predictions & Progress

  “Fintech, online lending, AI and privacy are complicated issues, so we’ve created innovative solutions and approaches that D.C. embraces once they understand them. Our message to Washington is: call us! We have someone to translate tech speak and “bureaucratese” for all of Washington’s questions.”… Read More

Here is the Letter Theresa May Sent to EU President Tusk Triggering Article 50 as the UK Separates from Europe

Embedded below is the letter UK Prime Minister Theresa May sent to European Council President Donald Tusk initiating Article 50 and thus commencing the UK’s departure from the European Union. The final results of negotiations will have a profound impact on both the UK and continental Europe’s… Read More

Lawrence Wintermeyer, CEO of Innovate Finance, Says Triggering of Article 50 Puts Fintech at Risk

Theresa May has signed the letter that will formally separate the UK from its 43 year membership in the European Union. As the UK initiates Article 50, Lawrence Wintermeyer, CEO of Innovate Finance – the advocacy group that supports all things Fintech – is out with… Read More

City Minister Simon Kirby Defends UK Fintech Leadership

Speaking at the LSE Global Fintech Investor Forum, City Minister Simon Kirby drew a line in the sand and defended UK dominance in Fintech innovation. As Brexit repercussions and encroaching challengers in Asia seek to capture the Fintech crown, Kirby declared “British Fintech is going to… Read More

CEO Gonçalo de Vasconcelos: 2016 Was a Phenomenal Year for SyndicateRoom

Helmed by CEO and Co-founder Gonçalo de Vasconcelos,  SyndicateRoom continues to pioneer the “investor-led” crowdfunding model in the UK. A serial entrepreneur and Judge Business School grad who was awarded the Best Dissertation prize and the Benavitch Scholarship for academic and professional achievements, de Vasconcelos cofounded SyndicateRoom with a… Read More

Assetz Capital CEO Stuart Law Predicts Boost for P2P Sector in Upcoming Budget

Stuart Law, CEO and co-founder of P2P lender Assetz Capital, expects a boost for the peer to peer lending sector in the upcoming budget. Specifically, Law believes a small business tax rise and IFISA rule change could boost the online lending sector. “In just a few… Read More

WorldFirst Global Trade Monitor: SMEs Have Been Negatively Impacted by Brexit Decision

World First, an international Fintech business in the Forex and money transfer space, is out with their Global Trade Barometer report and according to their perspective it’s not all good. World First says that UK SMEs are taking it on the chin as post-Brexit fallout is… Read More

Finance Disrupted: Is London’s Fintech Crown Debatable?

The State of Fintech in the United Kingdom. Observers in London see a paradox at the heart of today’s financial technology sector. If Fintech is all about playing the cutting edge and disrupting the mainstream, how come so many Fintech players and commentators obsess so… Read More

Remain Strategic Taps Crowdfunder.co.uk to Help Send Anti-Brexit Message

From the 48% to Theresa May: In less than one week, over 3,280 people have funded a Crowdfunder.co.uk campaign that will give a voice to the silenced millions who do not support the government’s Brexit plans. Having smashed their original £25,000 target in under 12 hours,… Read More

Will the UK Retain the Fintech Crown? Gillian Roche Saunders Provides Unique Update on Regulatory Review & UK Fintech Ecosystem

The United Kingdom has dominated the Fintech sector globally.  Starting with innovations in capital formation from crowdfunding and peer to peer lending platforms, the UK has fostered an impressive ecosystem of Fintech entrepreneurs. While a culture of innovation and risk-taking has been vital to this… Read More