Tagged: england

Digital Transformation: UK’s Darlington Building Society Selects New Onboarding System Offered by ieDigital

UK-headquartered Darlington Building Society has confirmed the selection of a new onboarding system provided by ieDigital. The building society stated that its updated system will give members the option to open up accounts online in a streamlined manner. It will also offer various self-service options… Read More

Consumer Sentiment about State of UK Economy Echoes CFO Perceptions of External Uncertainty, Dropping Below 5 Yr Avg: Report

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that the prospects of the United Kingdom’s macroeconomic environment are “becoming gradually more positive.” Blend Network writes in a blog post that the improvement is “reflected, among other factors, in job openings at a… Read More

Real Estate Report: UK Property Price Growth Increased to 11% in July 2021 from 10.5% in June 2021

UK-based P2P lending platform Blend Network reports that annual house price growth in the country surged to 11.0% in July 2021 from around 10.5% in June 2021. This, according to the updated figures from the Nationwide House Price Index. In MoM terms, house prices increased… Read More

UK’s Atom Bank, a Mobile-Only Banking Platform, Reports Solid Progress Despite Considerable Losses

Atom Bank, the North East Fintech firm, has reported “strong progress” during its most recent annual report, “narrowing its losses and generating a monthly net interest margin (NIM) of 114bps by March 2021 (up from 10bps in March of 2020).” According to the update from… Read More

UK’s Digital Bank Starling Reveals How It’s Helping Businesses At Festivals

UK’s digital bank Starling notes that with their platform and financial services, clients are able to bank “anywhere.” According to Starling Bank, that’s what makes them a wonderful app for business owners “out and about at festivals.” As part of this ongoing support for the… Read More

UK’s P2P Property Backed Investment Platform Sourced Capital Shares Common Strategies Used by Borrowers, Investors

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that when you’re deciding to invest into property, selecting the appropriate location is a good place to begin, and the type of property investment strategy that Sourced Capital’s Borrowers choose… Read More

Smart Money Fintech App Snoop Secures £15M via Series A with Participation from US Investment Firm Paulson & Co. Inc

Fintech app Snoop has secured £15 million in capital in order to support its global expansion efforts. Established by ex- Virgin Money Chief Executive Jayne-Anne Gadhia, the smart money app Snoop closed its Series A round with contributions from US investment management company Paulson &… Read More

LendInvest Shares Case Study Outlining Process of Stepping in with £3.6M Development Exit Loan Following Covid Delays

Property finance marketplace LendInvest has published a Case Study, which outlines the process of “stepping in with a £3.6m development exit loan following Covid delays.” You may also view LendInvest’s Development Exit products and complete range of short-term lending options by visiting the company’s intermediaries… Read More

Fintech B-North, which Lends to SMBs and Is Pursuing Banking License, Acquires Investment from Greater Manchester Combined Authority

Fintech firm B-North, which facilitates loans for small businesses and is currently seeking a banking license, has reportedly entered a deal with Channel 4 Ventures. Manchester-headquartered B-North confirmed that it has acquired a follow-on investment of £250,000 from the Greater Manchester Combined Authority. The challenger… Read More

Fintech Mergers and Acquisitions May Increase in the UK following COVID, Linklaters Exec Predicts

The United Kingdom has maintained its status as a major global Fintech hub. But will the country be able to capture a significant share of the world’s financial technology business after Brexit and can it retain its dominant status despite the challenges created by the… Read More

Digital Property Finance Platform Landbay CEO Says He Won’t be Surprised if UK’s Stamp Duty Holiday Deadline Is Extended

John Goodall, CEO at Landbay, a UK-based digital buy-to-let finance platform, has noted that the property market may have benefited from the stamp duty holiday. Goodall, an Imperial College London and Durham University graduate, says that he won’t be too surprised if the tax break… Read More

London’s United Fintech to Acquire Capital Markets Fintechs and Help them Sell Products to Financial Institutions

A new initiative, called United Fintech, is reportedly planning to acquire a slate of capital markets Fintechs. United Fintech also aims to help these Fintechs with marketing and selling their products to established financial institutions. United Fintech has been established with assistance from CFH Group… Read More

Denmark’s CreditStretcher, UK’s Elfinity, and 9 Other Fintechs to Participate in Village Capital’s Finance Forward Europe Accelerator

Village Capital helps company founders and business owners through its accelerator program. There are 11 early-stage Fintech firms that will be taking part in Village Capital’s investment-readiness program, called Finance Forward Europe. The initiative is part of Finance Forward, which is a multi-year global coalition… Read More

Fintech can Promote Greater Financial Inclusion but Certain Challenges Must be Addressed: Report

Financial technology (Fintech) can promote greater financial inclusion by facilitating faster and cheaper digital payments. However, these opportunities come with their certain challenges, according to a report published by the World Bank and the Committee on Payments and Market Infrastructures (CPMI). The report covers the… Read More

LendIt “Top Real Estate Platform” LendInvest Syncs with IRESS & Twenty7Tec: Bringing BTL Loans to Wider Market

LendInvest, the specialist property finance lender, has partnered with mortgage sourcing partners Twenty7Tec and IRESS’s TriGold system to bring its Buy-to-Let product to more intermediaries. These sourcing systems now bring LendInvest BTL loans to the market in a faster, more efficient way to reach a wider… Read More

LendInvest’s Latest Buy-to-Let Index Reveals: Manchester Tops Charts & Hull is Named Biggest Climber

On Wednesday, specialist property lender LendInvest released its latest LendInvest Buy-to-Let Index report, which ranks all 105 postcode areas around England and Wales based ona combination of four metrics, which are capital gains, transaction volumes, rental yields, and rental price growth. The new report also includes… Read More

LendInvest Launches Buy-to-Let Loans for Professional Landlords & Investors in England, Wales, & Scotland

LendInvest, a specialist property finance lender, announced on Thursday it has launched a buy-to-let (BTL) loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland. According to the platform, BTL loans are available for amounts between £50,000 and £5… Read More

All-Women Exec Legal Tech! JustBeagle Reaps £970K Seed Funding on SyndicateRoom

JustBeagle, a legal tech startup all-of-market legal services comparison site aiming to  transform traditional approaches to the purchase of legal services today announced it has raised £970,000 in seed round financing from high-net worth investors. Online crowd funding investment platform SyndicateRoom supported the raise by… Read More

LendInvest Releases Latest Buy-to-Let Index Report That Revealed Northern Markets Challenge the South East

Marketplace lending platform LendInvest announced on Friday it has released the latest LendInvest Buy-to-Let Index report with a spotlight on university towns. Published quarterly, the LendInvest Buy-to-Let Index notably ranks each postcode area around England and Wales based on a combination of four critical metrics:… Read More

McCafferty Asset Management Launches PROSPI to Pitch Residential Real Estate

 PROSPI, a new shared property investment platform launched by Manchester-based property expert McCafferty Asset Management, seeks  to enable investors with as little as £500 to take a proportionate holding alongside other stakeholders in specific, fully-tenanted residential properties managed by McCafferty’s team of experts. Investors will benefit from predictable… Read More

Send this to a friend