Tagged: uk

April 29, 2021 @ 8:30 am By Omar Faridi  |  

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

April 29, 2021 @ 7:22 am By Omar Faridi  |  

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

April 28, 2021 @ 8:18 am By JD Alois  |  

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

April 28, 2021 @ 8:04 am By Omar Faridi  |  

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

April 28, 2021 @ 12:47 am By Omar Faridi  |  

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

April 27, 2021 @ 10:51 pm By Omar Faridi  |  

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

April 27, 2021 @ 7:01 pm By Samantha Hurst  |  

  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

April 27, 2021 @ 10:38 am By JD Alois  |  

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

April 27, 2021 @ 9:39 am By JD Alois  |  

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

April 27, 2021 @ 6:59 am By Omar Faridi  |  

UK-based Blend Network, an online P2P lender, reveals that the average UK house prices “grew by 5.7% year-on-year in March.” Blend Network added in its latest property market report that activity has slowed down from December 2020’s 6-year high growth of 7.3% year-on-year. But price… Read More

April 26, 2021 @ 10:03 pm By Omar Faridi  |  

Compliance tech and data analytics provider SteelEye plans to address market abuse and communications monitoring with lexicon technology. The new tech can reportedly monitor over 6x as many search terms as a typical lexicon. SteelEye’s product has been developed in a manner that adheres to… Read More

April 26, 2021 @ 4:02 pm By Samantha Hurst  |  

  Howsy, a UK-based rental marketplace platform, has successfully secured its initial £800,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round launched just a little over six months after Howsy’s raised £2,346,770 through its previous Seedrs campaign and has so far attracted… Read More

April 26, 2021 @ 3:55 pm By Samantha Hurst  |  

  VitraCash, a UK-based digital credit card app, has successfully raised nearly £230,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which recently made its debut on the Crowdcube platform, originally sought to raise £50,000 and has already attracted more than 680 Crowdcube investors. VitraCash… Read More

April 26, 2021 @ 11:32 am By JD Alois  |  

Curve, a smart card and Fintech app, has added a series of “Autopilot” features designed to help customers better their money management. Based in the UK, Curve is currently live in 31 markets across the UK and Europe and plans to launch in the US… Read More

April 26, 2021 @ 10:46 am By JD Alois  |  

The UK Jurisdiction Taskforce of LawtechUK (UKJTL), chaired by Sir Geoffrey Vos, Master of the Rolls, has published its Digital Dispute Resolution Rules addressing legal disputes relating to digital technology such as crypto assets, smart contracts, and blockchain applications. The document was drafted following a… Read More

April 26, 2021 @ 10:22 am By JD Alois  |  

Draper Esprit (LSE:GROW), a publicly-traded venture capital firm that has invested in multiple Fintechs, has distributed a full year update for the year ending March 31, 2021. Draper Esprit states that the “fair value growth in the period reflects strong performance across the breadth of… Read More

April 26, 2021 @ 7:59 am By Samantha Hurst  |  

  Digital payments platform Wirex announced on Monday it has teamed up with Snowdrop Solutions to introduce location-enriched transaction services. According to Wirex, the service enables cardholders to readily see exactly where their transactions take place and provide a “greater level of transparency” for those transactions…. Read More

April 26, 2021 @ 7:29 am By Omar Faridi  |  

Research from Aldermore bank suggests that there are some signs of recovery for SMEs, as they announce plans to make investments in their businesses in the coming year, a move that has come after the easing of nationwide lockdowns in the UK. SMEs intend to… Read More

April 25, 2021 @ 11:30 pm By Omar Faridi  |  

London-based ComplyAdvantage, a company that offers real-time financial crime insight that “puts you in control,” notes that the European Union has introduced a strategy to deal with  organized and financial crime and the US recently imposed new sanctions on Russia. While sharing recent financial crime… Read More

April 25, 2021 @ 10:21 pm By Samantha Hurst  |  

    Yeo Messaging, a UK-based next-generation communication platform, is now nearing £730,000 through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought tor raise £500,000, has attracted more than 515 Seedrs investors. As previously reported, YEO states its solution is for private messaging connecting… Read More