Tagged: london

March 25, 2022 @ 11:01 am By Omar Faridi  |  

FintechOS, a tech partner offering “high-productivity” Fintech infrastructure solutions for firms providing financial services, confirmed the launch of its accelerators for SME mobile lending and onboarding. The accelerators enable service provides to conveniently and efficiently enhance the SME customer onboarding process and streamline the loan… Read More

March 25, 2022 @ 9:00 am By Omar Faridi  |  

The team at Chetwood Financial has confirmed the acquisition of core banking provider Yobota in order to extend their Banking-as-a-Service (BaaS) capabilities. Established alongside them back in 2016 and developed as a separate business entity, Yobota is a London-headquartered tech firm that has built “a… Read More

March 24, 2022 @ 12:56 am By Omar Faridi  |  

Currencycloud, the Fintech firm that is focused on simplifying business in a multi-currency world, has introduced Weekend FX, offering customers with the ability to provide competitive FX rates 24/7, “even after the markets close on a Friday evening.” As noted by Currencycloud: “Gone are the… Read More

March 22, 2022 @ 8:17 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 that for the week ending March 18, 2022, there were outflows that continued “with $47 million,… Read More

March 21, 2022 @ 8:49 am By Omar Faridi  |  

Given its established history, the London Stock Exchange (LSE) was due for a major update. The LSE was established back in 1698 as simply a list of prices posted to the wall of a back-alley coffee house. Then about 100 years later, it began hosting… Read More

March 20, 2022 @ 3:38 pm By Omar Faridi  |  

London-headquartered Fintech firm Zilch reports steady growth, indicating that clients are responding to the company’s ongoing efforts to offer what CEO Philip Belamant describes as the “the democratization of free credit.” In November of last year, Zilch had been valued at around $2 billion only… Read More

March 16, 2022 @ 7:17 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) has announced that State Street Digital, the company’s dedicated digital unit, has now added three veteran digital executives to its leadership team. Katie Richards joins “as global head of operations” and Marcus Grubb as the “global head of product.” Both… Read More

March 14, 2022 @ 10:54 am By Omar Faridi  |  

Dedicated prime property investment platform CapitalRise has reportedly appointed Simon Brown as the firm’s new Head of Lending, and Saif Khichi and Ed Groves have joined as credit analysts. In their roles at CapitalRise, Simon will be tasked with all aspects of the platform’s lending… Read More

March 11, 2022 @ 7:52 am By Omar Faridi  |  

Buildiro, a metasearch engine and aggregation site for “locating and purchasing building supplies,” has acquired 76% (£228,833 ) of its £300,001 target from 55 investors via Seedrs (at the time of writing) with 28 days left in the firm’s crowdfunding campaign. Based in London, UK, Buildiro… Read More

March 10, 2022 @ 3:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

March 8, 2022 @ 10:53 am By Omar Faridi  |  

February has seen “a number of regulatory updates,” as well as more reports of growth within the UK Fintech sector, the team at Banking Circle noted. At Banking Circle, they released their new whitepaper, ‘Payments without Barriers: Focus on Denmark’, examining “the potential from improved… Read More

March 3, 2022 @ 9:08 pm By Omar Faridi  |  

Tide, which is the United Kingdom’s business financial platform with full-scale operations set to launch in India, has confirmed their plans to support 500,000 female-led companies by 2027. UK based #fintech #Tide commits to incubate 500,000 women-led small businesses in India in next five years,… Read More

March 2, 2022 @ 8:17 am By Omar Faridi  |  

Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has secured an additional $100 million in order to extend its Series B round to $215 million. The Fintech firm’s Series B extension was reportedly “raised at a valuation of $1… Read More

February 27, 2022 @ 3:19 pm By Omar Faridi  |  

Fintech firm Tipalti reveals that its clients are now reporting steady growth. Recently, the firm noted that its payment volume increased 2x last year to over $36 billion. The San Mateo based Fintech company assists Amazon Twitch (Nasdaq: AMZN), Roblox (NYSE: RBLX) and other businesses… Read More

February 21, 2022 @ 10:33 am By Omar Faridi  |  

The team at UK’s LendInvest, a leading property finance platform, notes that January was a busy month for their bridging department. LendInvest, which recently topped £2 billion in AUM, also mentioned that their free valuation offer “drove enquiry and application growth as developers and investors… Read More

February 21, 2022 @ 8:58 am By Omar Faridi  |  

PrimaryBid, a SoftBank-backed Fintech assisting retail investors with getting early access to IPOs, has secured $190 million in capital via the SoftBank Vision Fund 2 with the participation from Molten Ventures and others. The London-based Fintech firm is focused on helping retail clients get improved… Read More

February 19, 2022 @ 2:03 pm By Omar Faridi  |  

Nous, which claims to be a pioneering service to help households “face the cost of living crisis,” has acquired $9 million via a seed funding round. Nous (to rhyme with ‘house’). a London-based Fintech, will use the proceeds to build out its service that helps… Read More

February 18, 2022 @ 8:06 am By Omar Faridi  |  

Pikl, a fast-growing Insurtech business offering solutions that enable the Sharing Economy to thrive, has secured 109% (£1,967,791) of its £1,800,006 target with 26 days left in the firm’s crowdfunding campaign carried out via Seedrs. Located in Norwich, United Kingdom, Pikl operates in the finance… Read More

February 16, 2022 @ 12:46 pm By Omar Faridi  |  

Capchase, a provider of non-dilutive capital for recurring-revenue firms, announced that it will open a new European HQ in London. The news follows a considerable surge in demand for Capchase’s services with over $200 million already being made available to UK-based startups. In an update… Read More

February 14, 2022 @ 2:16 am By Omar Faridi  |  

Global Wealth Group, which aims to make global property investing available to anyone, anywhere, from any amount, safer & simple, has raised 101% (£759,030) of its £750,000 target at the time of writing from 229 investors with 24 days left in the firm’s crowdfunding campaign carried… Read More