Tagged: uk

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

January 23, 2023 @ 8:27 am By Omar Faridi  |  

Emma, the financial super app, announces the release of Easy Access Pots that allow customers “to earn up to 2.43% AER to more than 1.3m+ customers in the UK.” This product is launched in partnership with Bondsmith, which claims to be “the UK’s leading provider… Read More

January 23, 2023 @ 8:25 am By Omar Faridi  |  

Playter, the UK’s provider of B2B Buy-Now-Pay-Later for SMEs, is once again shaking things up in the world of alternative lending, with its newest credit offering, “Paid”. Playter’s mission “to help SMEs release cash flow for growth and investment by offering flexible financing, continues apace… Read More

January 22, 2023 @ 11:17 pm By Omar Faridi  |  

Property Partner, which claims to be he UK’s leading fractional property investment platform, is rebranding as London House Exchange. The rebrand reportedly :follows an additional £2.4m of investment from US digital homeownership company, Better.” With the rebrand, London House Exchange (LHX) “reprises its original legal… Read More

January 22, 2023 @ 10:49 pm By JD Alois  |  

The British Business Bank has agreed to an initial £175 million “ENABLE Guarantee” for DF Capital, a subsidiary of Distribution Finance Capital Holdings plc. DF Capital received its banking license in September 2020. Headquartered in Manchester, DF Capital is a commercial lending and personal savings… Read More

January 22, 2023 @ 4:03 pm By Omar Faridi  |  

Onfido, the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework). The certification serves use cases “where a higher confidence level in digital identity verification is required.”… Read More

January 21, 2023 @ 10:17 am By Omar Faridi  |  

Channel Capital has appointed Bhoomika Kesaria as Head of Investor Relations. Channel is an FCA-regulated alternative investment fund manager (AIFM) “specializing in fintech, working capital and trade finance investments.” Since 2014, the London-headquartered company has “deployed more than $9 billion of assets across fintech lending and… Read More

January 20, 2023 @ 12:17 pm By JD Alois  |  

Faace founder Jasmine Wicks-Stephens says more female entrepreneurs are turning to securities crowdfunding. Citing research by the European Investment Bank (EIB), Wicks-Stephens notes that female entrepreneurs secured just 1% of venture capital last year – even though female founders tend to perform well, failing less… Read More

January 20, 2023 @ 7:09 am By Omar Faridi  |  

LendInvest (LSE: LINV), which claims to be the UK’s leading asset manager for property finance, announces increased funding from Lloyds Bank now totaling £300 million “to support its entry into the UK’s £1.2 trillion homeowner mortgage market.” LendInvest’s home owner mortgage product, “which beta launched… Read More

January 20, 2023 @ 7:05 am By Omar Faridi  |  

Allfunds (AMS:ALLFG), the B2B WealthTech platform for the funds industry, announces the appointment of Tom Wooders as UK Country Head. Tom will lead the UK business as it “continues to grow in size and prominence, as a key market in the European funds industry.” Tom… Read More

January 18, 2023 @ 8:48 pm By Omar Faridi  |  

Finance software startup Quartr and investment platform Lightyear announce a partnership to bring Quartr’s convenient “access to earnings calls audios, reports and slide decks to the Lightyear platform.” Quartr has “collected company information from roughly 7,000 listed companies and have, since this autumn, started redistributing… Read More

January 18, 2023 @ 9:52 am By Omar Faridi  |  

The financial services sector has evolved considerably during the past decade, with many new Fintech startups and banking challengers raising substantial funding to fundamentally improve how consumers perform transactions. Individuals and business organizations across the globe have been moving their activities online, a digital transformation… Read More

January 17, 2023 @ 5:00 pm By Omar Faridi  |  

Andrew Ellam, former Chief of Staff to CTO and Head of Technical Program Management at Monzo Bank, joins the senior leadership team as VP of Technology at Climate X, a multi-award-winning global climate risk data & analytics provider based in London, UK. Andrew reportedly “brings… Read More

January 17, 2023 @ 12:15 pm By JD Alois  |  

Property investment and financing platform Capital Rise has announced four new hires following a “period of substantial growth.” The positive report follows Capital Rise surpassing £200 million in loan originations during Q4 of 2022. About half of this amount was financed during the 12 month… Read More

January 17, 2023 @ 11:47 am By Omar Faridi  |  

Experian has launched CreditLock, a new feature that will “enable customers to lock their Experian Credit Report at the touch of a button.” The launch comes “following data that shows 1 in 4 UK adults have fallen victim to fraud, with 75% of UK adults… Read More

January 16, 2023 @ 7:33 pm By JD Alois  |  

Salt Edge, an Open Banking enabler, has expanded into the Kingdom of Jordan. According to a blog post, Salt Edge will be working with Jordanian Banks and other financial services firms to power Open Banking solutions with its API-driven platform. According to the post, the… Read More