Tagged: uk

LendInvest Chief Operating Officer Arman Tahmassebi Explains how Fintech Platform Leverages Tech to Streamline Borrowing, Lending Process

Proptech platform LendInvest notes that its founders began operations in response to a UK mortgage market that’s “fundamentally broken.” The LendInvest team points out that for many years, it’s been a market mostly dominated by banking institutions, and acquiring a mortgage can be one of… Read More

CryptMixer, a Crypto Tumbling Service, Says Demand is High During COVID

CryptMixer, a tumbler or crypto-mixing service, says that demand for mixing has risen significantly during the COVID-19 health crisis. Crypto-mixing is a method for covering digital tracks in the transfer of crypto. Blockchain creates an immutable path available for anyone to see thus making privacy… Read More

Coinbase Acquires Digital Asset Data Firm skew

Coinbase (NASDAQ:COIN), the largest crypto exchange in the US, has acquired skew, a UK-based data analytics firm in the digital asset sector. Terms of the deal were not revealed and the transaction is expected to close next month following typical closing conditions. Founded in London… Read More

London based IOWArocks, a Marketplace for Data, Tech, Services, Adds First To Invest to its Platform

London-based IOWArocks, the international marketplace for data, technology, and services, has reportedly added First To Invest to their platform. First To Invest leverages Big Data and natural language processing (NLP) technologies to gather, structure, and share key events related to public, private firms, and specific… Read More

UK’s MarketFinance Explains how Fintech Ebury Can Help SMEs Deal with Price Hikes from Chinese Suppliers

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes in a blog post that Brexit and the COVID-19 outbreak have had “dramatic effects on the price of shipping.” MarketFinance adds that if your business uses suppliers that are based in other… Read More

Thought Machine, a Cloud Native Tech Provider for Banks, Integrates Fintech Wise’s Money Transfer Platform

Thought Machine, a company that builds Cloud-native technology for banks, has reportedly integrated Wise‘s (formerly doing business as TransferWise) global money transfer platform into its core banking engine, Vault. The integration should allow Thought Machine‘s banking and Fintech clients the option to use Wise’s fast… Read More

Trillion Dollar Wealth Manager Addepar Expands Business Operations with New Edinburgh, Scotland Office

Addepar, a U.S.-based wealth manager with $2.5 trillion of assets on its platform, says its goal has always been to offer investors and advisors with the data required to “optimize” how the world’s capital is “put to work.” The Addepar team noted in a recent… Read More

Canadian Insurtech APOLLO Receives Coverholder Status With Lloyd’s of London

    Apollo Insurance Solutions Ltd. (TSXV: APLO Reserved), a Canadian online insurance provider, announced on Thursday it has secured coverholder status with Lloyd’s of London. APOLLO reported that the status gives it access to an expanded product portfolio and the ability to manufacture products… Read More

European CBD Marketplace Alphagreen Raises Nearly £1.7 Million Through Seedrs Funding Round

Alphagreen, a European CBD marketplace, has raised nearly £1.7 million through its equity crowdfunding campaign on Seedrs.  Founded in 2019, Alphagreen Group describes itself as a high-growth technology and pharmaceutical trading business. “Alphagreen Group works with top Cannabis brands globally to sell high-quality non-psychoactive products (e.g…. Read More

UK Financial Conduct Authority Publishes Discussion Paper on Financial Promotion. Crowdfunding, Crypto, P2P Lending Addressed

Following a Call for Input (CFI) that sought feedback on the promotion of consumer investments, the UK Financial Conduct Authority (FCA) has published its proposal designed to safeguard retail investors.  The proposals in the Discussion Paper (DP) may impact new asset classes such as investment… Read More

Nearly 75% of Financial Institutions in US, UK Reveal there’s an Increase in Cybercrime Following COVID Outbreak: Report

Almost three-quarters or 75% of financial institutions have reported an increase in cybercrime activities since the Covid-19 outbreak (around February 2020), according to a survey released by BAE Systems. The survey of 902 banking institutions and insurance providers, based in the US and the UK,… Read More

London Fintech Paymentsense Reports Many New UK Businesses being Launched in 2020 Following COVID Outbreak

London-based Fintech firm Paymentsense, which helps small businesses take card payments, has published a 2021 UK job market report that covers how the COVID-19 outbreak has led to new business growth. During the past year, UK residents have beeen investing in their “ambitions,” by launching… Read More

London’s WorldRemit, a Cross-Border Payments Firm, has Been Recognized for Facilitating Fast, Cheap Digital Transactions

London-based WorldRemit, a global cross-border payments firm, reveals that it has been recognized for having the “best app” for international money transfers. Investopedia has reportedly named WorldRemit as the ‘Best for International Transfers’ as part of its ‘Best Money Transfer Apps of 2021’ awards. The… Read More

Revolut Releases New Version of Banking App

Digital bank Revolut has updated its banking app to version 8.0. The Fintech says the new version delivers a more simplified and customizable experience for its 15+ million users. A key feature of the app is a new hub that allows users to browse all… Read More

Open Banking: London based Volt, an Open Payments Gateway, Unveils New Cash Management Facility

Volt, an open payments gateway, revealed on Wednesday (April 28, 2021) that it has developed new cash management functionality. It offers merchants and payment service providers with full visibility of Open Banking payments made via the UK’s Faster Payments Service and the European SEPA Credit… Read More

CoinShares Reports that “Poor Sentiment” for Bitcoin led to Low Inflows of $1.3M, “Masking Improving Appetite” for Ethereum

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (April 26, 2021) that “poor sentiment” for Bitcoin led… Read More

Technology Transformation, Financial Crime Prevention Firm SQA Consulting and ABC TECH Grp to Create 75 New Jobs in the UK

SQA Consulting, the business and technology transformation and financial crime prevention (AML) software firm, working cooperatively with ABC TECH Group has launched a joint venture, called SQA Consulting SEE in Bosnia and Herzegovina. The new firm aims to create 75 UK-based jobs. The organization aims… Read More

Curve Brings Back Limited Edition 18g Red Metal Curve Cards to Existing & New Customers

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Wednesday the return of its limited edition 18g Red Metal Curve cards to existing and new customers. Curve reported that the Red Metal Card… Read More

Paysend Partners with Plaid to Speed Up Digital Transfers

Payments Fintech Paysend has partnered with open banking platform Plaid to speed up bank authentication and money transfer process for international money transfer customers. Paysend’s money transfer service allows users to pay and send using bank or card details. About 90% of transfers arrive in… Read More

Banking and Wealthtech App ikigai is Now Overfunding on Crowdube

ikigai, a banking and Wealthtech company, is now overfunding on Crowdcube after topping its £1.2 million funding target. As of today, ikigai has raised £1.33 million backed by 455 individual investors. ikigai is raising capital at a pre-money valuation of £10.95 million. The Fintech has… Read More

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