Tagged: uk

November 2, 2025 @ 12:06 pm By Omar Faridi  |  

Digital bank Revolut has unveiled a fee-free conversion service for its user base. The UK-based fintech, now serving over 65 million customers worldwide, has scrapped all charges and hidden spreads on exchanges between U.S. dollars and the following stablecoins: Tether’s USDT and Circle’s USDC. This… Read More

November 1, 2025 @ 11:11 am By Omar Faridi  |  

Experian, the data and technology company, announced the acquisition of KYC360 in the United Kingdom as well as Ireland, which will aim to enhance its fraud and financial crime compliance solutions. Know Your Customer (KYC) and Know Your Business (KYB) are said to be foundational… Read More

October 31, 2025 @ 8:39 am By Omar Faridi  |  

UK small business revenue and jobs are still said to be growing somewhat steadily but losing momentum after a fairly reasonable start to 2025, according to the Xero Small Business Insights (XSBI) data from Xero, the global small business platform. The research report noted that… Read More

October 31, 2025 @ 8:28 am By Omar Faridi  |  

UK business confidence rose during October, increasing 8 points to 50%, according to the Lloyds Business Barometer. The significant increase comes after a drop in September, with the recent uplift said to be marked by increased confidence across several regions as well as sectors. Overall… Read More

October 31, 2025 @ 8:20 am By Omar Faridi  |  

KPMG bas noted recently that around 15% of UK consumers said that they intend to use AI chatbots (such as Chat GPT and Gemini) in order to search for various deals this Black Friday period, increasing to one in three among younger age groups –… Read More

October 30, 2025 @ 12:51 pm By JD Alois  |  

Crowcube, the first securities crowdfunding platform in the United Kingdom, is reporting over 2 million investors. Crowdcube was incorporated in 2009 and launched in 2011 by co-founders Luke Lang and Darren Westlake. Since that time, Crowdcube has enabled over £1.5 billion (almost $2 billion) in… Read More

October 30, 2025 @ 9:09 am By Omar Faridi  |  

Aberdeen Group plc is announcing it finalized an agreement to increase its interest in Tritax Management LLP, one of the United Kingdom’s logistics managers, reinforcing its commitment to growth in the UK logistics real estate sector. After the first acquisition of a 60% interest in… Read More

October 29, 2025 @ 7:48 am By Omar Faridi  |  

Barclays PLC announces its wholly-owned US consumer banking subsidiary, Barclays Bank Delaware, has agreed to acquire Best Egg, Inc. for $800 million. Completion of the transaction is currently said to be subject to required regulatory approvals as well as other customary conditions. Best Egg is a US D2C personal loan… Read More

October 27, 2025 @ 4:56 pm By JD Alois  |  

Gradient Labs, an artificial intelligence (AI) platform that targets conversational engagements for finance, is looking to expand its services into the US following “explosive” growth in Europe. Based in the UK, Gradient Labs was co-founded by Dimitri Masin, Neal Lathia, and Danai Antoniou. Each of… Read More

October 27, 2025 @ 10:40 am By Omar Faridi  |  

UK’s digital bank Monzo is reportedly planning a new private share sale, according to sources familiar with the matter. The fintech, known for its app-based banking services, is said to be engaging in discussions that could see existing investors and employees offload shares, potentially valuing… Read More

October 27, 2025 @ 9:37 am By JD Alois  |  

Robinhood (NASDAQ:HOOD) will soon offer futures trading for account holders in the UK. In a company statement, Robinhood stated that users may trade index, energy, metals, and foreign exchange futures directly in the Robinhood app and on Robinhood Legend. The service includes CME products like… Read More

October 27, 2025 @ 8:34 am By Omar Faridi  |  

Jonathan Frost, Director of Global Advisory for EMEA at BioCatch, has noted that the UK Finance half-year report indicates that although the industry appears to be pushing back, bad actors seem to be pushing even harder and, for now, gaining momentum. Frost added that during H1… Read More

October 27, 2025 @ 12:37 am By Omar Faridi  |  

Allica Bank announced this past week the acquisition of Kriya, the SME lending Fintech specialising in SME working capital and embedded finance. The move aims to boost Allica’s SME lending proposition and sees the UK based Fintech move into the embedded payments market. The businesses… Read More

October 25, 2025 @ 11:43 am By Omar Faridi  |  

KPMG UK has recently shared some insights on the latest inflation data According to Yael Selfin, the Chief Economist at KPMG UK, the unchanged inflation rate ensures interest rate cut remains on the table for the current year. Selfin added that the recent data is… Read More

October 25, 2025 @ 1:15 am By Omar Faridi  |  

LSEG announced that 11 global banks (together, the Investing Banks) have agreed to invest in its Post Trade Solutions business, acquiring a 20% stake. The Investing Banks will each now become shareholders in Post Trade Solutions, acquiring the stake for “aggregate cash consideration of £170… Read More

October 24, 2025 @ 10:46 am By Omar Faridi  |  

Research from ClearBank reveals that large UK businesses now view embedded financial services as a strategic boardroom decision and business growth driver. The research report released by ClearBank examines the attitudes of 200 senior business professionals at established UK-based corporates towards embedded finance as well… Read More

October 24, 2025 @ 10:02 am By JD Alois  |  

The UK Financial Conduct Authority is concerned that financial services firms are not prepared for the transition to T+1, scheduled for October 2027. In a recent post, the FCA states that it is seeing “challenges” and “complacency” among firms that the change will impact. “Remember,… Read More

October 24, 2025 @ 9:05 am By JD Alois  |  

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have joined to open up a “Scale Up Unit” with a mission to support regulated firms grow. The Chancellor of the Exchequer, Rachel Reeves, shared the news during a Forum in Leeds. The Forum focused… Read More

October 24, 2025 @ 8:25 am By Omar Faridi  |  

The British Business Bank announced that it co-invested more than £250 million into the UK’s scale-up firms. This latest capital injection has been channeled into 33 UK tech and life science firms, more than half of which are described as being university spinouts. These firms… Read More

October 24, 2025 @ 8:12 am By Omar Faridi  |  

Clay, an AI-powered credit and debit-as-a-service company, selected bank payment Fintech GoCardless in order to simplify its payments.  Clay now uses GoCardless to unify its payment process onto a scalable platform, leveraging GoCardless’ Direct Debit capability to collect repayments and Outbound Payments, the fintech’s disbursement… Read More