Tagged: london

July 27, 2021 @ 3:43 pm By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (July 26) that for the week ending July 26,… Read More

July 26, 2021 @ 8:12 am By Omar Faridi  |  

UK’s Starling Bank recently shared its trading update for the quarter to 30 June 2021 and its report and “accounts for the period ending 31 March 2021.” The results, released by Starling on July 22, 2021, demonstrate “strong and responsible growth, continued profitability and a… Read More

July 17, 2021 @ 7:24 pm By Omar Faridi  |  

UK’s leading property finance Fintech LendInvest, which recently became a publicly-traded firm. with shares now trading on the London Stock Exchange’s AIM market, under the ticker symbol “LINV,” has shared 10 notable Buy-to-Let deals from a week in June 2021. The LendInvest team writes in… Read More

July 16, 2021 @ 1:37 pm By Omar Faridi  |  

Munnypot Ltd confirms that it has teamed up with Cairngorm Capital Partners LLP and has acquired Whitefoord LLP, in order to introduce Verso Wealth Management, which is a wealth management group offering financial advice and investment management that’s supported by an all-digital platform. Cairngorm Capital… Read More

July 14, 2021 @ 7:59 am By Omar Faridi  |  

UK banking-as-a-service (BaaS) provider Railsbank has secured $70 million in capital in order to promote its brand and products globally. Railsbank‘s latest investment round has been led by Anthos Capital and received contributions from Central Capital (VC division of Indonesia’s largest privately-held banking institution), Cohen… Read More

July 14, 2021 @ 1:42 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (July 12) that for the week ending July 12,… Read More

July 12, 2021 @ 4:09 pm By Omar Faridi  |  

Fintech investment trust Augmentum has acquired £55 million in capital from its latest investment round, surpassing its initial £40 million target. As noted by the firm’s management: “Augmentum Fintech plc is one of Europe’s leading venture capital investors focusing exclusively on the fintech sector. We… Read More

July 9, 2021 @ 8:15 am By Omar Faridi  |  

London-headquartered Hudson Fintech, a Capital Markets tech company, has teamed up with 1066NOW, an Oracle Partner, in order to offer the Hudson Edge platform to financial institutions that are currently using Oracle’s suite of products. Through the partnership, 1066NOW’s Banking Integration Application (BIA) will aim… Read More

July 7, 2021 @ 7:58 am By Omar Faridi  |  

UK-based Creditspring, the Financial Conduct Authority-regulated consumer credit solution provider, now claims around 50,000 members since it launched operations back in 2016. This is a key milestone for Creditspring, a company that aims to improve the financial wellbeing of 100,000 members by the end of… Read More

July 6, 2021 @ 7:53 am By Omar Faridi  |  

Leading European digital asset manager CoinShares will be acquiring Global Blockchain Equity Index, according to a release. As noted in the announcement, dated July 6, 2021, CoinShares is set to expand its footprint into equities market with its acquisition of the exchange-traded -fund or ETF… Read More

July 5, 2021 @ 10:56 am By Omar Faridi  |  

Startups currently being supported by the Swiss Innovation agency Innosuisse will soon have the option to visit Japan or South Korea in order to expand their businesses globally. These initiatives will be supported and facilitated by setting up two new camps this year to address… Read More

July 4, 2021 @ 9:17 pm By Omar Faridi  |  

FaizPay, a company offering a truly multi-channel fast and fair payments service that’s built on Open Banking rails, has secured 87% or £526,958 of its fundraising target of £600,001 from 79 investors (at the time of writing) via a securities offering on Seedrs. As of… Read More

June 30, 2021 @ 1:18 pm By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (June 28) that for the week ending June 28,… Read More

June 30, 2021 @ 11:10 am By Omar Faridi  |  

Tomato Pay, a newly-launched QR-code payment and invoicing app, is currently available for use in the United Kingdom. The Fintech app is intended for small businesses and sole traders. As noted by the firm’s management: “Tomato Pay is a simple, QR-code based payments and invoice… Read More

June 29, 2021 @ 8:23 am By Omar Faridi  |  

Fintech firm Klarna has chosen embedded business finance platform Liberis in order to help it with providing its digital commerce customers with revenue-based financing options. The deal between Liberis and Klarna will see the BNPL Fintech company’s 250,000+ merchant partners in 17 different countries provided… Read More

June 29, 2021 @ 6:13 am By Omar Faridi  |  

DIGITEC, the international standard for carrying out foreign exchange (FX) Swaps and NDF pricing and data, reveals that it has established a new London office, which will be led by Stephan von Massenbach who joins the company as MD, Chief Revenue Officer. Part of DIGITEC’s… Read More

June 21, 2021 @ 7:35 pm By Omar Faridi  |  

Augmentum Fintech plc (LSE: AUGM), the UK’s only publicly listed investment firm that’s focused on the Fintech industry, has made a $10 million (c. £7.3 million) investment into Helsinki based Tesseract Group Oy, marking Augmentum’s first investment into Finland. As noted in a release shared… Read More

June 19, 2021 @ 3:58 pm By Omar Faridi  |  

Financial software provider Kynetix has introduced a Cloud-powered solution to assist FCMs and brokers with addressing the challenges in reconciling listed derivatives. As noted by the company’s management: “For over 20 years, Kynetix has been forefront of building trust in the physical economy. Recognized as… Read More

June 18, 2021 @ 11:55 am By Omar Faridi  |  

London-based 10x Future Technologies, a Cloud banking solution provider, has finalized an oversubscribed $187 million Series C round. The company states: “10x Future Technologies is … focused on transforming banking to be 10x better for customers, banks and society. The group has developed its own… Read More

June 18, 2021 @ 10:02 am By Omar Faridi  |  

London-headquartered Volt, an open payments gateway provider, has secured $23.5 million in capital through a Series A round that was led by EQT Ventures. Augmentum Fintech, Fuel Ventures, and angel investors including Adyen co-founder Robert Kraal and FIS non-executive director Gabriel de Montessus took part… Read More