Tagged: uk

January 17, 2022 @ 10:29 am By JD Alois  |  

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

January 17, 2022 @ 2:34 am By Omar Faridi  |  

TaxScouts, which claims to be on a mission to make sorting taxes “affordable and effortless,” has raised 165% (£1,652,047) of its £1,000,000 target from 597 investors (at the time of writing) via Crowdcube with 24 days left in the firm’s crowdfunding campaign. TaxScouts reveals that… Read More

January 16, 2022 @ 4:05 pm By Omar Faridi  |  

The team at Capchase says they’re pleased to announce that their non-dilutive financing offerings for businesses with “predictable recurring revenue” will be featured in the AWS Activate Exclusive Offers program. As mentioned in the update, startups building on AWS that are members of AWS Activate… Read More

January 16, 2022 @ 2:17 pm By Omar Faridi  |  

Open Banking is four years old now, however, the team at TrueLayer asks “who’s using it, how is it benefitting consumers and what’s next?” TrueLayer writes in a blog post that the updated Payment Services Directive (PSD2) came into force “on 13 January 2018, introducing… Read More

January 16, 2022 @ 12:40 pm By Omar Faridi  |  

The Fintech Wales Foundry, the flagship accelerator program by Fintech Wales, recently announced the nine Fintech startups “accepted into its 2022 Accelerator.” As noted in the update, the 12-week, no equity program, titled The Foundry: Validate Raise & Scale, is reportedly “the only accelerator of… Read More

January 15, 2022 @ 12:07 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and international payments platform, has announced the appointment of Jairo Riveros, as MD of the United States and Latin America, “effective 01 January, 2022.” Paysend has maintained an active presence in the US since September 2020 and “helps American residents securely… Read More

January 14, 2022 @ 1:45 pm By Omar Faridi  |  

The team at UK’s Blend Network, a specialist development finance lender, notes that they’ve recently been quite vocal about why development finance lenders “need to show more commitment towards Net Zero and sustainable house building.” Blend Network has explained why and how specialist lenders like… Read More

January 14, 2022 @ 8:56 am By Omar Faridi  |  

UK-headquartered digital bank Monzo reveals that they’re opening up their Open Banking-powered gambling block to “all Open Banking providers, following a pilot last year with Truelayer.” As mentioned in the update from Monzo, this extension will let all licensed UK Open Banking firms to “integrate… Read More

January 14, 2022 @ 8:08 am By Omar Faridi  |  

Software is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rather than having to invest… Read More

January 13, 2022 @ 11:40 pm By Omar Faridi  |  

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

January 13, 2022 @ 10:19 am By Omar Faridi  |  

Tandem Bank has reportedly acquired consumer lending platform Oplo. The strategic acquisition has formed a combined business with £1.2 billion of total assets, £1 billion of funding and 171,000 clients being serviced by a UK-headquartered team of 500 professionals. Tandem was established back in 2014… Read More

January 13, 2022 @ 10:14 am By JD Alois  |  

Zilch has announced an expanded partnership with Mastercard (NYSE: MA) to bring a buy now, pay later (BNPL) service to Europe. Zilch’s digital card is currently available in the UK and reports over 1.7 million customers in less than 15 months. Zilch initially announced a… Read More

January 13, 2022 @ 8:13 am By Omar Faridi  |  

Fiduciam, the institutionally-funded short-term lender to housebuilders and entrepreneurs, is planning an expansion of its operations in Scotland for 2022. A new Scottish team has been formed with a nationwide lending appetite and a target to achieve £55 million of lending this year. Fiduciam is… Read More

January 12, 2022 @ 11:39 am By JD Alois  |  

Kharon, a provider of research and data analytics covering global security threats that impact finance, is now part of the Temenos Exchange, the marketplace of fintech solutions for more than 3,000 banks and financial institutions worldwide. Kharon says that the integration of its data and… Read More

January 12, 2022 @ 11:30 am By Omar Faridi  |  

Ebury has revealed that it’s accelerating its international growth efforts with the appointment of Louise Chan as company COO. Louise takes on an expanded Chief Operating Officer role “covering Operations as well as Product, Data and Regulatory Reporting,” according to a release. Louise is an… Read More

January 12, 2022 @ 10:41 am By JD Alois  |  

Checkout.com has announced a $1 billion funding at a whopping $40 billion valuation. The Fintech said the Series D funding round garnered the participation of Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund, and another large… Read More

January 12, 2022 @ 10:32 am By Omar Faridi  |  

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

January 12, 2022 @ 9:37 am By JD Alois  |  

Seedrs, a leading UK-based securities crowdfunding platform that is merging with Republic, has provided a retrospective of 2021 performance. According to Seedrs, 2021 was a year that delivered record-level funding. The top-line numbers are as follows: £696 million invested into securities offerings 310 funded deals… Read More

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 11, 2022 @ 11:37 pm By Omar Faridi  |  

nHouse, a young “disruptive” housing firm providing various designs, has secured 121% (£121,870) of its £100,000 target from 245 investors (at the time of writing) through a crowdfunding campaign carried out via Seedrs with 29 days left in the sale. nHouse explains that it makes… Read More