Tagged: john glenn

HM Treasury Issues Consultations on Promotions of Cryptoassets as Well as Broader Regulatory Framework

HM Treasury has issued two public consultations today. One is a review of the current requirement for an authorized firm to approve the financial promotion of an unauthorized firm that may not operate as a strong enough safeguard to ensure such financial promotions are compliant… Read More

LendInvest Founder Christian Faes Discusses Digital Finance Forum, COVID Impact on Fintech

LendInvest is one of the most successful Fintechs in the UK. The digital marketplace for property finance has long been profitable – not a common characteristic in the early-stage sector including Fintech. It has been rumoured for some time now that LendInvest is a likely… Read More

Digital Bank Revolut Raises $500 Million at $5.5 Billion Valuation

Leading UK based digital bank Revolut has closed on a $500 million series D funding according to a note from the company. The Fintech was valued at $5.5 billion making it one of the most valued private Fintechs in the world. Funding was led by… Read More

SME Finance Charter: 17 Banks & Alternative Lenders Commit to Support SMEs Through Brexit

According to HM Treasury, banks and alternative lenders have “reaffirmed their pledge to support British SMEs ahead of Brexit.” The commitments have been outlined in the SME Finance Charter. The Charter, which is a voluntary agreement, covers; loans and overdrafts, asset financing, stock lending and… Read More

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