Tagged: london

Fintech ThinkMarkets Secures $40M in Capital to Accelerate Business Growth

Multi-asset digital trading Fintech ThinkMarkets has confirmed that it has finalized a $30 million round. The proceeds will be channeled towards supporting steady growth across existing and new business initiatives this year. Nauman Anees, Co-Founder and CEO of ThinkMarkets, stated: “Our exceptional growth in recent… Read More

London’s SETL and Digital Asset to Establish Regulated Network for Crypto Tokens

London’s SETL and New York’s Digital Asset recently entered into a partnership to develop a protocol that may be used by regulated institutions to introduce interoperable tokens. The protocol, modelled on the Regulated Liability Network (RLN) initiative first introduced by Citibank’s Tony McLaughlin, will be… Read More

London’s BaaS Fintech Railsbank Is Reportedly Planning to Acquire $100M in Capital

London-headquartered Fintech Railsbank, which provides virtual banking services, is approaching Unicorn status (valued at $1 billion or more), Sky News confirmed on Friday (February 4, 2022). The UK-based Fintech firm recently acquired certain assets of Wirecard, the collapsed and fraudulent German payments firm. As mentioned… Read More

London Fintech Fiat Republic Secures $3.5M to Build Bridge Between Web3 and Banking

London-headquartered Fintech Fiat Republic recently announced that it has acquired $3.5 million in seed funding from EU tech investors Speedinvest, Seedcamp, and Credo. The startup, which is building a compliance-first, e-money-regulated banking and payments API, is looking to “drastically reduce the time and cost of… Read More

Royal Park Partners, a Financial Advisor to Fintech Sector, Expands Leadership Team

Royal Park Partners, which claims to be one of the leading financial advisors to the Fintech sector, recently announced that it is expanding its leadership team following a year of steady growth. Abhimanyu Toor and John Clark will reportedly join co-founder Aman Behzad as Managing… Read More

London Fintech SumUp Partners with PrestaShop to Provide Business Tools to Merchants

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

Fintech Paysend Reveals What they Learned After Becoming Remote-First Working Company

The team at Fintech firm Paysend notes that the world of work has changed, and never more so than in the past 2 years. Many businesses are reporting that they are “struggling to cater to changes that come with being Remote.” At Paysend, they made… Read More

Techstars London Appoints Saalim Chowdhury as Managing Director

Techstars, an international investment business that offers access to capital, one-on-one mentorship opportunities, and customized programming for early-stage business owners, has appointed Saalim Chowdhury as MD of Techstars London. He follows predecessor Eamonn Carey. Previously a Partner at 500 Startups, Chowdhury will be responsible for… Read More

CurveGlobal Markets Is Closing Down Operations

CurveGlobal Markets is closing its digital or online platform for the last time on Friday, January 28, 2022 – after more than 5 years of operations. As a reminder to those few position holders – your positions will all be cash-settled post close on Friday… Read More

London based Fintech PayAlly Awarded EMI License by the FCA

Established back in 2017 by Rafal Andzejevski and Maxim Ivanchenko, London-headquartered payments Fintech PayAlly has reportedly acquired an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA). Supporting the Authorized Payment Institution license currently held by the Fintech company, this new permit… Read More

Citi Announces that it Will Transform EMEA Headquarters in “Major” London Refurbishment

  Citi (NYSE: C) has announced its intent to transform its London head offices, home to its UK and EMEA operations. The refurbishment of the Citi Tower in Canary Wharf will create a new workplace for the future, incorporating the latest tech and the “highest… Read More

Saudi Arabia based Fintech Lean Technologies Acquires $33M from Sequoia Capital, Others

Sequoia Capital has reportedly made its first investment in the Gulf / MENA region by leading an investment round for Lean Technologies, a Saudi Arabia-based Fintech company whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih. Lean Technologies, which allows firms… Read More

UK based Blend Network Launches “Light Refurbishments Plus” Offering Up to 75% LTGDV

UK’s Blend Network, a specialist development finance lender, has responded to “growing demand for light refurbishment projects.” As mentioned in an update shared with CI, specialist development finance lender Blend Network has announced today the launch of a new Light Refurbishment Plus product range “specifically… Read More

Legal Utopia, an AI enhanced App that Connects Legal Consumers with a Legal Services Network, Secures £154.9K+ from Seedrs

Gavel Court Legal Trial Law rawpixel unsplash

Legal Utopia, a powerful AI-enhanced app with the aim of “connecting legal consumers with a vast network of legal services,” has acquired 77% (£154,906) of its £200,000 target from 50 investors (at the time of writing) through a crowdfunding campaign carried out via Seedrs. With… Read More

UK Fintech LiveFlow Reveals How No-Code, Low-Code Tools Can Help Accountants

The team at London-based Fintech LiveFlow says that there’s no denying that these days, coding is a really valuable and practical skill to have. Many people who aren’t computer programmers are still learning to code, and the demand is “clearly increasing,” according to an update… Read More

FIA Tech, the Futures Industry’s Tech Provider, Establishes London Subsidiary As Firm Scales Operations

FIA Tech, the futures industry’s technology provider, has announced that it has established a London subsidiary as the firm scales and expands its operations. The London office, based in Paddington, is reportedly FIA Tech’s fourth office and the first outside the US, “following Washington DC,… Read More

Ben Waterman: Co-founder at UK’s Strabo App Explains How their Cross-Border Personal Finance Platform Streamlines Money Management

We recently connected with Ben Waterman, COO and Co-founder, Strabo App, a cloud-based platform that helps you link multiple accounts from around the world in one dashboard. The Strabo App reportedly tracks all the money you own and owe, while providing you with a holistic… Read More

Innovate Finance Responds to FCA Discussion Paper, “Sustainability Disclosure Requirements and Investment Labels”

Innovate Finance, the independent industry body that represents and advances the international Fintech community in the United Kingdom, explains that it aims to accelerate the UK’s role in the financial services sector by “directly supporting the next generation of technology-led innovators.” The UK Fintech sector… Read More

Landbay to Focus on Production Innovation and Technology Investment to Enhance User Experience in 2022

Landbay, the buy-to-let mortgage market that leverages the latest Fintech and claims to be one of the fastest-growing tech firm in Europe, notes that 2021 started in the middle of a lockdown and at that time, no one would have “wanted to bet on prospects… Read More

Proptech Findingaplace, a Platform Streamlining Rental Search Experience, Acquires £221K+ via Seedrs

Findingaplace, which claims that it’s “revolutionizing” the rental search experience, removing the need to “even search at all,” has secured 88% (£221,870) of its £250,001 target from 225 investors (at the time of writing) via Seedrs with 5 days left in the firm’s crowdfunding campaign. Here… Read More

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