Tagged: london

London Fintech SatoshiPay Reveals How they’ve Leveraged Blockchain or DLT to Process Real-Time Micropayments for Online Publishers

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has revealed that it has reached a key milestone in establishing its blockchain-enabled clearing platform as a “new standard” for cross-border transactions. The SatoshiPay team notes that, as of August 2020,… Read More

London’s Propio, which Offers “Simple, Affordable, Tax Efficient Ways” to Invest in Property, to Launch P2P Lending Platform

  London-based Propio, a platform that aims to serve as the home of The Property ISA by providing a “simple, affordable, and tax-efficient way” to invest in property, reveals that it has secured £278,000 in capital from its funding round and the UK government’s Future… Read More

London’s Property Investment Platform, British Pearl, Is Considering Expanding Business into other European and Hong Kong Markets

London-based British Pearl, a directly FCA authorized property investment platform that’s listed in the top 100 UK Fintech firms by Her Majesty’s Treasury, will be expanding its business into other jurisdictions, instead of just focusing on the local markets. British Pearl specializes in fractionalized property… Read More

Fintech Firm FXPress, a Forex Specialist, to Acquire Avila House so it Can Offer Accounts for Depositing, Holding, Transferring Funds

Fintech firm FXPress Payment Services revealed on August 18, 2020, that it will be acquiring Avila House Ltd, which is subject to regulatory approval. Avila House is a licensed Small Electronic Money Institution. FXPress Payment Services Ltd is authorized and regulated by the UK’s Financial… Read More

Financial Education App, Invstr, Offers an Alternative to Millennials who Might Not Want to Use Robo-Advisors

The COVID-19 pandemic has “completely disrupted” young Americans’ financial stability, according to an update shared with Crowdfund Insider. The economic uncertainty due to the Coronavirus crisis has forced Millennials (people born around 1980 to 1996) to rethink or re-evaluate their retirement strategies, if they even… Read More

Fintech Firm Vitesse, which Supports Real-time Cross-Border Payments, Acquires £6.6 Million in Capital via Series A Round

London-based Fintech firm Vitesse, which enables real-time cross-border payments, revealed on August 11, 2020 that it has secured £6.6 million in capital through a Series A investment  round. The firm’s funding round was led by Octopus Ventures. Existing shareholders Hoxton Ventures and several other angel… Read More

Honeycomb Investment Trust, which focuses on Alternative Financing, Seeks £1.5 Billion Merger with Pollen Street Secured Lending

Honeycomb Investment Trust (LON: HONY), a company specializing in investing in credit assets originated by non-bank lenders and other originators of various lending assets, mainly in the UK, is reportedly considering a potential £1.5 billion merger with Pollen Street Secured Lending (PSSL), in order to… Read More

UK Fintech Sync., a Bank Account Aggregation and Financial Management Service, Secures £5.5 Million in Seed Funding

London-based Sync., a bank account aggregation and personal financial management service established by Ricky Lee, who’s Revolut’s former head of product design and strategy, has secured £5.5 million through a seed funding round as the company plans to further expand its operations into European. Sync…. Read More

UK Fintech Wiserfunding to Introduce AI enhanced Cloud based Credit Risk Assessment Tools in India

UK based Fintech firm Wiserfunding is expanding its operations into markets in India. The company is introducing its AI enhanced, cloud-powered credit risk assessment tool for SMEs. Wiserfunding’s entry into Indian markets has come at a time when small businesses across the nation are struggling… Read More

London Stock Exchange Might be Looking to Sell Borsa Italiana so it Can Complete Refinitiv Acquisition

The London Stock Exchange (LSE), which is based in the City of London, England and has a market cap of around $4.6 trillion, is reportedly looking into whether it should sell its Borsa Italiana business, so that it can appease certain European Union regulators, and… Read More

Digital Bank Starling Facilitates the Disbursement of £654 Million in Loans under UK’s BBLS to 24,000 Businesses

Starling Bank, a leading UK based digital bank, has reportedly delivered more than £654 million in loans under the United Kingdom’s bounce back loan scheme (BBLS) to around 24,000 local firms. Starling Bank, which teamed up with Funding Circle to issue £300 million in loans… Read More

UK Fintech Flex to Launch Money Management App to Help People Solve their Financial Problems

Flex, a money management app, has been introduced in order to help people with solving their financial problems by effectively managing their finances. Flex’s money management service can be accessed by opening a new account within minutes, the company claims. There’s currently a free and… Read More

Fintech Funding in the UK Declines During H1 2020, but Challengers Revolut, Starling Bank, Checkout.com, Onfido Close Mega $100 Million+ Rounds

Investment in the United Kingdom’s Fintech industry reportedly slowed down by over a third during H1 2020, as many investors appear to be holding on to cash due to the economic uncertainty created by COVID-19. Despite the slowdown, investment levels still managed to gain 22%… Read More

Sky Guo, Founding Member at OMFIF Digital Monetary Policy Institute, Explains why Interoperability Is an Important Aspect of Central Bank Digital Currencies, or CBDCs

  We recently caught up with Sky Guo, a founding member at the OMFIF Digital Monetary Institute, the global central banking think tank that assists policymakers with understanding central bank digital currencies (CBDCs). Guo, who’s also the founder of Cypherium, which focuses on enabling interoperability… Read More

UK Digital Lender Selena Finance Secures £42 Million in Funding via Equity and Debt Financing

London-based Selina Finance, an online lender that provides secured home equity loans at competitive rates, has secured £42 million in capital through a Series A funding round. The funding reportedly includes £12 million in equity from Picus Capital and Global Founders Capital and £30 million… Read More

Quantexa, an AI and Big Data powered Contextual Decision Intelligence Software Developer, Acquires $64.7 Million in Funding with Support from HSBC and ABN Amro

Quantexa, a platform that aims to prevent financial crime, has acquired $64.7 million in funding with support from financial giants HSBC and ABN Amro Ventures. Quantexa’s recent investment round was led by Evolution Equity Partners. Accenture Ventures,  AlbionVC, British Patient Capital, and Dawn Capital also… Read More

IslamicMarkets, a Learning and Intelligence Provider for Islamic Financial Services, Receives Strategic Investment from DDCAP

IslamicMarkets Ltd, an established learning and market intelligence provider for Islamic financial and commercial markets (with offices in London and Kuala Lumpur), has reportedly acquired additional funding from the DDCAP Group. Both companies are committed to expanding the global Islamic economy and supporting the development… Read More

Fintech Entrepreneurs Should Focus on Emerging Markets which have Significantly Increased their Share of Global GDP

A recent blog post notes that since the COVID-19 pandemic began, there’s been a significant acceleration in digital banks and P2P wallet activity volume (during the first half of 2020). The blog states that the impact of the Coronavirus crisis has “disproportionately” affected the world’s… Read More

UK Fintech Vesuvio Labs to Establish Business Operations in Qatar to Help Doha Startups Expand Operations Globally

UK-based Fintech Vesuvio Labs is reportedly planning to establish an investment business in the Middle Eastern nation of Qatar in order to further expand its operations and assist firms in Doha, particularly startups, with branching out into other global markets. Vesuvio Labs is a vertically… Read More

UK Fintech Lanistar Secures £15 Million in Additional Capital to Support Upcoming Launch this Year

Fintech firm Lanistar, an alternative financial services provider, has acquired £15 million in additional capital in order to support its upcoming commercial launch later this year. Established in 2019, the personal financial management company has received funding from family members of CEO, Gurhan Kiziloz, which… Read More

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