Tagged: london

December 3, 2024 @ 9:45 pm By Omar Faridi  |  

Finfare Inc., a Fintech focused on expense management, is marking its three-years of business operations with a brand refresh and several industry updates/milestones. According to the update shared with CI, the brand revamp reflects the company’s evolution and its commitment to its mission to transform… Read More

November 8, 2024 @ 6:37 am By Omar Faridi  |  

additiv, a global firm focused on fintech and digital transformation,  announced the appointment of Pierre Dufauret as the UK Market Head and the opening of a new office in London’s Heron Tower. These moves underscore additiv’s commitment to strengthening its presence in the UK market… Read More

October 8, 2024 @ 8:21 am By Omar Faridi  |  

Fintech Storfund has announced a partnership with TikTok Shop that will introduce the first fully embedded cash flow solution in a major US marketplace. This change is expected to benefit sellers on the social media app. Referred to as Daily Advance, the product should reportedly… Read More

September 23, 2024 @ 8:37 am By Omar Faridi  |  

LemonEdge, the fund accounting solution for private markets, has announced a strategic partnership with Eleven, an investor portal solution. This partnership marks a significant milestone “for both companies, combining LemonEdge’s innovative accounting capabilities with Eleven’s powerful platform for automating and streamlining the entire investor lifecycle,… Read More

August 1, 2024 @ 11:24 am By Omar Faridi  |  

OakNorth and ASK Partners, a specialist property lender, have provided a £30.8m co-loan to London-based Vabel, to acquire 114-150 Queensway and 97-113 Inverness Terrace. The post-war 1950s building occupies a prominent corner position “on the southern end of the site, bookended between Porchester Gardens and… Read More

July 9, 2024 @ 8:23 am By Omar Faridi  |  

PensionBee, a London-based online pension provider, has chosen to base its US business headquarters on the east coast of the United States, in New York City. The London Stock Exchange-listed FTSE stock, UK financial technology firm, which has over £5 billion ($6.3 billion) assets under… Read More

June 24, 2024 @ 7:43 am By Omar Faridi  |  

Revolut, a global Fintech company with over nine million UK customers and 40 million around the world, has announced it will relocate its global headquarters to the newly refurbished YY London building in the centre of Canary Wharf, committing to a ten-year lease. The move,… Read More

June 7, 2024 @ 7:14 am By Omar Faridi  |  

London Stock Exchange Group plc (LSEG) recently announced that Pascal Boillat has been appointed as Chief Operating Officer (COO). Pascal will join the Group on 1 July 2024, reporting to David Schwimmer. Based in New York, Pascal will reportedly “lead LSEG’s global operations division supporting… Read More

April 24, 2024 @ 10:22 pm By Omar Faridi  |  

iLex, the loan distribution platform, announced today the appointment of Sean Tai as Head of Business Development. Sean will lead the development, commercialization and “adoption of the iLex loan distribution platform globally and reinforce the iLex executive team in delivering its ambitious roadmap.” Based in… Read More

February 18, 2024 @ 10:07 am By Omar Faridi  |  

Organizations need a trusted data foundation to enable effective decisions that allow them to operate efficiently, plan for the future, and grow, according to an update from Quantexa. Yet many organizations continue to struggle with “a lack of a single customer view, duplicated records, inefficient… Read More

January 23, 2024 @ 6:22 am By Omar Faridi  |  

The Bank of London announced the appointment of Anne Grim as an independent Non-Executive Director (NED) of The Bank of London Group Limited Board and Chairperson of the Board Risk Committee (BRC), “subject to regulatory approval.” As well as her BRC role, Anne will be… Read More

January 17, 2024 @ 8:33 am By Omar Faridi  |  

The majority of European and UK Equity Capital Markets (ECM) leaders believe that large international companies still “see London as a destination of choice when considering listing,” according to new research from KPMG UK. When asked where large international companies “would consider listing, almost all… Read More

December 30, 2023 @ 12:58 pm By Michael Wong  |  

The UK’s Fintech sector is bracing for a talent crunch in the coming year, with a significant gap emerging between the demand for digital skills and the available workforce, City A.M. reported, quoting a leading industry figure. Charlotte Crosswell, chair of the Centre for Finance,… Read More

December 23, 2023 @ 3:39 am By Michael Wong  |  

London-listed Bowen Fintech has agreed to acquire a majority stake in Minnadeooyasan-Hanbai Co Ltd (MOH), a Japanese firm specializing in real estate crowdfunding services, according to reports. The acquisition involves Bowen Fintech purchasing 93.5% of MOH’s shares for £34.5 million. This transaction will be entirely… Read More

December 21, 2023 @ 9:36 am By Omar Faridi  |  

International money transfer provider, Atlantic Money, has compared purchase prices in various random samples across currencies and borders, “uncovering unnecessary extra costs consumers often unwittingly pay.” Focusing on luxury items to demonstrate the impact, Atlantic Money has reportedly “analyzed the same listings for pound and… Read More

December 15, 2023 @ 7:55 am By Omar Faridi  |  

Meniga, a firm focused on personal finance management solutions, which has delivered work for large banks and financial institutions, announced that it has raised €15 million in Series D funding. The new investment round has “included European banks, Groupe BPCE and Crédito Agrícola, and the… Read More

December 13, 2023 @ 9:41 am By Omar Faridi  |  

Growth of the UK economy in November was reportedly centered on London, according to the latest NatWest Regional PMI survey. Inflationary pressures were also strongest in the capital, “with firms there recording the steepest rises in both input costs and average prices charged for goods… Read More

December 7, 2023 @ 10:25 pm By Omar Faridi  |  

CapitalRise reveals that it recently passed the £300m lending milestone, against £830m of prime property assets. To sustainably maintain this growth in their loan book, they claim to “have robust monitoring processes in place.” Their own project managers reportedly work “with independent third-party professionals, such… Read More

November 26, 2023 @ 10:31 pm By Omar Faridi  |  

Quantile and LCH ForexClear, both LSEG Post Trade businesses, announced they have delivered the market’s first FX Smart Clearing service. The service, which went live “on 15th November, enables participants to selectively clear FX Forwards via LCH ForexClear to significantly reduce capital requirements and counterparty… Read More

November 16, 2023 @ 6:22 am By Omar Faridi  |  

Manulife Investment Management has signed an agreement to acquire multi-sector alternative credit manager CQS. Upon completion of the transaction, Manulife Investment Management will “acquire the CQS credit platform and the CQS brand.” The acquisition of London-based CQS will “give the clients of both Manulife Investment… Read More