Tagged: uk

January 27, 2023 @ 9:02 am By Omar Faridi  |  

Copper.co, the provider of institutional digital asset custody and trading solutions, announces the appointment of Lord (Philip) Hammond of Runnymede, the former Chancellor of the Exchequer, as Chair. He takes up this role with “immediate effect.” Lord Hammond has “served as a Senior Adviser to… Read More

January 26, 2023 @ 9:46 pm By JD Alois  |  

Dubai Investments PJSC, listed on the Dubai Financial Market [DFM], has acquired a 9% equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority (UK) and the Prudential Regulation Authority (UK). The terms of the deal were not… Read More

January 26, 2023 @ 3:22 pm By JD Alois  |  

The UK government created the Future Fund to provide access to capital to early-stage firms which were most likely unable to access debt capital during the COVID-19 health crisis. The fear was that a generation of innovative young firms would disappear as markets contracted and… Read More

January 26, 2023 @ 11:35 am By JD Alois  |  

Wise (formerly dba as Transferwise) (LSE:WISE) has announced 15 new partners, in four different markets, to start 2023. In total, Wise now claims 60 partners globally. Wise shares that almost 10 million new customers gained access to Wise, via the Wise Platform, in 2022 alone…. Read More

January 26, 2023 @ 8:56 am By Omar Faridi  |  

We recently caught up with Girts Straujums, CEO of WeavePay, a UK-based payment platform that helps businesses go borderless. Girts Straujums talked about the issues facing Fintech platforms and how certain customer needs are still not being met. Straujums also shared the main reasons why… Read More

January 26, 2023 @ 8:23 am By Omar Faridi  |  

London-based Emperia has raised $10 million. Concept Ventures are pleased to share that Concept portfolio company Emperia has raised a $10 million Series A investment round “led by Base10 Partners, joined by Concept Ventures, Daphni, Sony Ventures, Background Capital, Bliss Growth & Stanford Capital Partners… Read More

January 26, 2023 @ 8:21 am By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, announces the launch of three new fully sustainable lifestyle strategies “with different growth fund options: the Smart Sustainable Growth Core Fund, Smart Sustainable Growth Fund (the Smart Pension default fund) and… Read More

January 25, 2023 @ 11:40 pm By JD Alois  |  

SongBits.com is a new platform that is planning to launch later this year that will allow users to invest in “a bit of a song from world-class artists.” Investors may then share in the song’s streaming revenues for life, according to the company. A private… Read More

January 25, 2023 @ 9:19 am By Omar Faridi  |  

The United Kingdom has consistently taken a strong position on cybersecurity, “recognizing the need to drive awareness and responsiveness on a national scale,” according to an update from Hypr, the passwordless service provider. It reportedly “established the National Cybersecurity Centre in 2016, has among the… Read More

January 24, 2023 @ 11:37 pm By JD Alois  |  

CrowdProperty says it has recently undertaken a review of the rates of return offered on their first-charge secured property development projects as part of CrowdProperty’s ongoing commitment to platform investors. Following the review, CrowdProperty has boosted rates of returns for new projects launched on the… Read More

January 24, 2023 @ 11:20 pm By JD Alois  |  

Plum, a smart money app, has expanded services into in five new European countries including Italy, Portugal, the Netherlands, Greece, and Cyprus. Plum has been available in the UK, France, Spain, Ireland and Belgium. Founded in 2016 by Victor Trokoudes, Plum automates parts of personal… Read More

January 24, 2023 @ 10:57 am By Omar Faridi  |  

Milestone Group, the global provider of Oversight and Backup NAV solutions to the investment management industry, has announced that the UK’s largest independent Authorised Corporate Director (ACD), Link Fund Solutions, will “adopt its pControl™ Oversight platform.”: pControl™ Oversight will “allow Link Fund Solutions (LFS) to… Read More

January 24, 2023 @ 10:42 am By JD Alois  |  

LendInvest (LSE:LINV) has announced a partnership with the British Business Bank to aid in the building of more homes, financed by HSBC, according to a note from the Fintech. LendInvest states that HSBC will provide £100 million for LendInvest’s development finance program. The project is… Read More

January 24, 2023 @ 10:24 am By JD Alois  |  

Creditspring is reporting an increase in demand which they are attributing to the rapid increase in the cost of living, which is expected to continue in 2023. Creditsrping said that during the last 12 months, 260,000 borrowers sought credit on the platform, with “members” increasing… Read More

January 24, 2023 @ 8:03 am By Omar Faridi  |  

The team at ThinCats are pleased to announce that they provided £302 million of funding to businesses in 2022. In total, ThinCats has “lent more than £1.3bn to businesses across the UK while assets under management stand at a record £675m.” Despite a challenging economic… Read More

January 24, 2023 @ 8:00 am By Omar Faridi  |  

Metro Bank has launched a digital car loan product under the RateSetter brand to enter the sizeable and growing vehicle financing UK market. The loans are hire purchase loans “for used cars and are currently available through motor brokers using market-leading RateSetter technology.” CarFinance 247… Read More

January 24, 2023 @ 7:54 am By Omar Faridi  |  

Okredo, an open data platform that merges open data, open banking, and credit bureau functionalities, aims to give SMEs in the UK a competitive advantage by “offering access to the most recent data about other UK businesses.” Okredo will start by “introducing business linkages reports,… Read More

January 23, 2023 @ 11:42 pm By Omar Faridi  |  

Nova Credit UK, a wholly owned subsidiary of Nova Credit, has received the requisite scope of permissions in order “to provide credit references in the UK from the Financial Conduct Authority (FCA).” Through its Nova Passport technology, the firm intends “to make it easier, faster… Read More

January 23, 2023 @ 10:21 pm By Omar Faridi  |  

PrimaryBid, the capital markets Fintech bringing individual investors into public company fundraisings, has appointed Fiona Richards as Chief Operating Officer. Ms Richards joins PrimaryBid “from Rowan Dartington, the discretionary investment arm of St. James’s Place plc, where she was Chief Operating Officer and Board Director… Read More

January 23, 2023 @ 8:49 pm By Omar Faridi  |  

The PensionBee Impact Plan has been created in collaboration with BlackRock, specifically in response to PensionBee customer feedback. This is an innovative new product which delivers active impact investing “to mainstream investors; through the PensionBee Impact Plan savers are able to invest in companies whose… Read More