Tagged: uk

September 22, 2025 @ 2:12 am By Omar Faridi  |  

In an era where cryptocurrencies aim to enable financial inclusion but often feel isolated from everyday life, Nebeus intends to make digital assets a part of our daily activities. Like many other Fintech and web3 platforms, the London-based fintech startup is on a mission to… Read More

September 22, 2025 @ 1:06 am By Omar Faridi  |  

In a new alert for UK homeowners, Lloyds Banking Group has spotlighted a looming financial crunch for thousands of mortgage holders. As fixed-rate deals struck during the pandemic-era lows near their end, the banking institution estimates that proactive remortgaging could collectively spare borrowers £1 billion… Read More

September 20, 2025 @ 2:37 pm By Omar Faridi  |  

In a landscape marked by persistent inflationary pressures and a cooling yet resilient labour market, the Bank of England (BoE) has signaled a measured approach to monetary policy. This, according to recent insights from KPMG UK. Recently, the Monetary Policy Committee (MPC) elected to hold… Read More

September 20, 2025 @ 12:11 pm By Omar Faridi  |  

NatWest Group is reportedly exploring the sale of its controlling interest in Cushon, the fintech platform specializing in workplace pensions and savings solutions. Just two years after investing £144 million to secure an 85% ownership stake, the Edinburgh-headquartered lender has engaged financial advisors to facilitate… Read More

September 19, 2025 @ 8:46 am By Omar Faridi  |  

As a participant in the UK property finance sector, LendInvest (LSE: LINV) continues to focus on product development. As a fintech platform specializing in short-term, development, and buy-to-let (BTL) mortgages, the company has recently unveiled several updates. These initiatives address barriers for aspiring homeowners, strengthen… Read More

September 19, 2025 @ 8:40 am By Omar Faridi  |  

In a boost for the UK’s SMEs, invoice finance specialist 4Syte Funding Limited has agreed a funding facility of up to £100 million with NatWest Bank. Announced recently, the deal is supported by the British Business Bank‘s ENABLE Guarantees program, which guarantees a portion of… Read More

September 18, 2025 @ 8:26 am By Omar Faridi  |  

Lloyds Banking Group has released key updates focused on a landscape marked by economic recovery signals and persistent fraud threats. The UK Sector Tracker reveals broadening demand growth across key industries, offering a glimmer of optimism for businesses, while a stark warning on romance scams… Read More

September 18, 2025 @ 1:51 am By Omar Faridi  |  

In a boost for the UK’s small and medium-sized enterprise (SME) financing sector, Funding Circle Holdings plc  (LSE: FCH) has announced a partnership renewal that will propel it past the £3 billion total financing milestone. The development, revealed on September 17, 2025, underscores the fintech’s… Read More

September 18, 2025 @ 12:50 am By Omar Faridi  |  

UK’s Starling Bank is channeling $50 million into expanding its software-as-a-service (SaaS) platform, Engine, across the Americas. This strategic push includes the appointment of seasoned fintech executive Jody Bhagat as the head of North American operations, signaling a concerted effort to tap into the region’s… Read More

September 16, 2025 @ 8:54 am By Omar Faridi  |  

In a move that’s sparking heated debate within the cryptocurrency world, the Bank of England (BoE) is facing significant opposition to its plans for limiting how much stablecoins people and firms can possess. Stablecoins, which are digital currencies designed to hold steady value by tying… Read More

September 16, 2025 @ 8:41 am By Omar Faridi  |  

SumUp, a UK-based fintech company known for its innovative card reader solutions, is reportedly laying the groundwork for a potential initial public offering (IPO) in 2026. According to recent reports, the company has engaged investment bankers to gauge market interest in what could be a… Read More

September 16, 2025 @ 7:56 am By Omar Faridi  |  

In a move that brings closure to years of litigation, UK-based Metro Bank has reached an out-of-court settlement with American software developer Arkeyo LLC. The agreement addresses claims that Metro improperly shared proprietary code for its innovative coin-processing systems with a third-party vendor, potentially breaching… Read More

September 16, 2025 @ 4:14 am By Omar Faridi  |  

In a vote of confidence in the UK’s economic resilience, the British government has unveiled over £1.25 billion in inward investments from leading US financial firms. This announcement, timed ahead of a US Presidential State Visit, aims to create 1,800 high-skilled jobs in London, Edinburgh,… Read More

September 13, 2025 @ 9:09 am By Omar Faridi  |  

The latest economic insights from KPMG UK highlight growing concerns about the UK and Eurozone economies, as voiced by Yael Selfin, Chief Economist at KPMG UK. In two recent statements, Selfin commented on the UK’s GDP figures and the European Central Bank’s (ECB) latest interest… Read More

September 12, 2025 @ 1:09 pm By JD Alois  |  

US-based Fintech Rippling has been approved by the UK Financial Conduct Authority to provide services under an electronic money institution (EMI) license. The approval allows various financial services, including the possibility of offering certain bank-like services. Rippling is a platform that offers HR, IT, spend… Read More

September 12, 2025 @ 11:22 am By JD Alois  |  

ClearScore, a Fintech that helps lenders manage volume and risk, is reporting a full-year profit of £18.8 million for fiscal year 2024. In 2023, ClearScore generated £6.4 million in profit. Top line revenue rose 17% to £89.7 million, with annualized revenue said to be pacing… Read More

September 12, 2025 @ 12:47 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking,  announces the expansion of its banking and payments services to UK corporate businesses. While retail banking has undergone digitisation spurred “by consumer demands, transaction banks serving corporates have often lagged.” Hampered by legacy infrastructure and batch-based… Read More

September 11, 2025 @ 9:10 am By Omar Faridi  |  

UK’s digital bank Starling is setting its sights on a £4 billion valuation as it prepares for a secondary share sale. The London-headquartered fintech, known for its innovative approach to banking and ambitious growth plans, is launching this process to allow existing investors, including players… Read More

September 10, 2025 @ 9:33 pm By Omar Faridi  |  

Experian, a global firm focused on providing insightful data and technology, has introduced solutions aimed at addressing critical challenges in financial crime prevention and housing accessibility. These initiatives, announced recently, underscore Experian’s commitment to leveraging advanced technology and data analytics to support financial institutions and… Read More

September 10, 2025 @ 3:12 pm By JD Alois  |  

The UK is cracking down on individuals, known as Finfluencers, promoting certain investment opportunities. According to a release by the Financial Conduct Authority (FCA), three individuals have been charged with one count of communicating an invitation to engage in investment activity which transgresses the Financial… Read More