Tagged: uk

Fintech Enables UK Business Growth : Funding Circle Lending Contributes £7.9B to Economy

Funding Circle (LSE: FCH) has noted that the UK is pushing forward with its national growth agenda and small and medium-sized enterprises (SMEs) stand ready to invest, expand, and innovate following years of economic uncertainty. Yet traditional high-street banks have continued to limit lending, widening… Read More

TRM Labs Backs Global Raid on Crypto Scammers, Freezing $12 Million and Identifying Over 20,000 Victims

Blockchain intelligence firm TRM Labs has played a key role in Operation Atlantic, a coordinated international effort that resulted in the freezing of more than $12 million in illicit funds and the identification of over 20,000 victims across multiple countries. The week-long operation, which wrapped… Read More

Global Fintech Wise Prepares for Primary US Listing on Nasdaq Next Month Following Steady Q4 Performance

UK based cross-border payments Fintech Wise (LON:WISE) is set to complete its long-anticipated move of its primary stock market listing from London to the United States in May, marking a significant milestone for the fintech company. The shift, which will see the firm establish its… Read More

UK Fintech GoCardless Reports Profitable Quarter

UK fintech GoCardless has achieved a key milestone by posting its first-ever profitable quarter. This update from the financial technology provider represents a significant shift for the company, which is said to have prioritized expansion and innovation in the payments landscape. The positive results stem… Read More

NatWest Accelerator Unveils Commitments to Enhance Support for UK Businesses

The NatWest Accelerator has unveiled fresh initiatives aimed at fostering a more inclusive landscape for entrepreneurship across the United Kingdom. The program, part of NatWest Group, is intensifying efforts to dismantle obstacles that prevent talented business professionals from thriving, with a target of expanding its… Read More

UK Sole Traders are Leveraging AI for Tax Filing and Preparation, Report Reveals

UK’s Starling Bank noted in a blog post that sole traders are increasingly relying on artificial intelligence to handle tax and accounting queries. According to fresh research from UK digital bank Starling, these AI focused trends are impacting the broader financial service sector as well…. Read More

British Business Bank Commits New Funding to BCRS Business Loans

The British Business Bank has committed £20 million to BCRS Business Loans, a specialist lender headquartered in the West Midlands. Announced this past week, the funding will enable BCRS to offer loans between £25,001 and £250,000 to underserved small businesses operating across the West Midlands… Read More

Bank of England Examines How Global Financial and Lending Strategies Impact UK Economy

The Bank of England has released detailed analyses focused on carefully examining how digital transformation / innovation and global financial links are impacting the $3-trillion+ UK economy. Recent insights shared by Clare Lombardelli and Rupal Patel analyzed the spread of dynamic and personalized pricing and… Read More

UK Industry Professional Says £100M Tax Relief Package Is Step in Right Direction but Startups Need Consistent Policy

Following the news update that the United Kingdom government’s £100m entrepreneur tax relief package has now officially come into effect, CI received commentary from Leo Labeis, CEO and Founder of REGnosys, on just how sustained policy clarity and consistency is vital in effectively translating investments… Read More

Global Digital Asset Firm Zodia Partners with Re7 Capital

Zodia Custody will work with Re7 Capital, a crypto-native investment firm. According to a release, Zodia will provide access to Zodia Custody’s Interchange network for custody services and off-exchange settlement. Zodia works with a number of prominent firms including Standard Chartered, Northern Trust, SBI Holdings,… Read More

UK Money Transfer Fintech Paysend Announces $25M Funding Round

UK-headquartered money transfer Fintech firm Paysend has reportedly acquired $25 million in follow-on investments from Claret Capital Partners. Established back in 2017, Paysend currently serves over 12 million customers and enables cross-border transactions in over 170 countries. Claret had first invested in the Fintech firm… Read More

Lloyds Banking Group Leverages Quantum Computing to Track Money Mule Activity

Lloyds Banking Group has reportedly completed the first-known experiment into how quantum computing might assist with identifying money mules. At the core of this particular initiative is Lloyds’ internal quantum computer capabilities. These now include a new working group of Quantum Ambassadors that are sourced… Read More

UK Fintech Wise Expands into Everyday Banking with Current Account Offering

Wise (LON:WISE), the global fintech known for its focus on affordable international transfers, has officially stepped into the competitive UK retail banking sector with the introduction of its new Current Account. Announced recently this past week, the product marks a pivotal evolution for the company, shifting… Read More

UK Parliamentarians Call for Royal Commission to Review Financial Regulation

In a significant push for reform, a cross-party coalition of lawmakers has advocated for an in-depth investigation into the United Kingdom’s system for overseeing financial behavior. This initiative comes amid growing apprehensions about policies aimed at loosening rules to stimulate economic expansion, which critics argue… Read More

UK Private Equity Firm Pelican Capital Announces Investment in EMS with Loan from OakNorth

UK-based private equity company Pelican Capital has acquired a stake in Equipment Management Solutions Group Limited (EMS), backed by a senior loan from digital lender OakNorth. The transaction, announced on April 2, 2026, positions the specialist provider of reusable supply chain equipment services for accelerated… Read More

British Business Bank Continues to Enable UK Fintech Startups, DeepTech Initiatives

The British Business Bank has unveiled several initiatives that signal growing momentum in channeling domestic capital toward high-potential British businesses. These moves, announced in late March and early April 2026, underscore the organization’s role in bridging funding gaps for venture capital, fintech scale-ups, and deep-science… Read More

Legacy Payments are Failing UK Businesses, Commercial VRPs Could Improve Operations, Report Claims

Traditional payment methods are proving unsustainable for many UK companies, according to fresh research from bank payments Fintech GoCardless. The findings indicate that outdated systems are dragging down revenue, efficiency, and customer relationships, while a growing number of firms view the forthcoming commercial Variable Recurring… Read More

UK Fintech VibePay Begins Liquidation Process After Founder’s Departure 

Official filings lodged with Companies House confirm that VibePay, the British specialist in direct account-to-account transfers, has moved into voluntary liquidation. The development follows the resignation of its founder and former chief executive, Luke Massie, who departed the business in December 2025. VibePay emerged as… Read More

UK Real Estate Crowdfunding Platform Shojin Property Partners Goes Bust

Shojin Property Partners has entered administration. The UK real estate investment platform has been authorized by the UK Financial Conduct Authority since 2017. According to the Shojin website. The company filed for insolvency on March 23, 2026. Simon Carvill-Biggs and Ian Corfield, from FRP Advisory… Read More

Digital Bank Monzo Winds Down US Operations to Prioritize UK and Europe Expansion

London-based digital banking provider Monzo Bank Ltd. has announced the complete closure of its American operations, marking a significant strategic retreat from the world’s largest financial market after several years of underwhelming results. The fintech company, long known for its sleek app-based banking services and… Read More

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