Tagged: uk

December 19, 2025 @ 9:07 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has announced it will lift the contactless payments limit starting in March. In a statement posted today, the FCA said this will remove red tape and provide greater flexibility. Payments providers, including banks, with strong fraud controls, will be… Read More

December 18, 2025 @ 7:55 am By Omar Faridi  |  

Octopus Energy customers are now able to get their account credit back faster because of a new tie-up with fintech company GoCardless. Octopus has completed one of the Direct Debit migrations in the UK, “moving 5.5 million accounts and £12 billion of payments to GoCardless… Read More

December 17, 2025 @ 1:19 am By JD Alois  |  

Griffin, a banking-as-a-service platform that focuses on Fintechs and platforms, says it had a banner year, experiencing 5X growth in revenue while processing over £3 billion in payments. Griffin is a regulated bank in the UK that offers a full-stack, API driven platform for embedded… Read More

December 16, 2025 @ 10:34 am By JD Alois  |  

TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More

December 16, 2025 @ 10:09 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More

December 16, 2025 @ 8:36 am By Omar Faridi  |  

Archax, the UK/EU regulated digital asset platform, and TradingStack.io, the capital markets connectivity provider, announced that they have partnered to offer FIX access to cryptocurrencies and tokenised real-world assets (RWAs) available on the Archax Primary and Secondary markets. By leveraging the Financial Information eXchange (FIX)… Read More

December 16, 2025 @ 8:27 am By Omar Faridi  |  

Airwallex, a financial platform for businesses, announced it will inject $590 million into its UK business across the next 5 years (2026 to 2030) to drive local and growth. The investment will be spent on a range of activities “including a hiring surge which will… Read More

December 16, 2025 @ 8:20 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), an alternative platform for property finance, announces the launch of a long-term development finance funding partnership with AB CarVal and HSBC, intended to scale the company’s development finance proposition and enable the delivery of new homes across the nation. The funding… Read More

December 16, 2025 @ 8:11 am By Omar Faridi  |  

The British Business Bank announced a £15 million investment into PolyAI, a key player in enterprise conversational AI, as part of an $86 million Series D round. The round has reportedly been co-led by Georgian, Hedosophia, Khosla Ventures, with additional investment from NVentures (NVIDIA’s VC… Read More

December 15, 2025 @ 11:19 am By Omar Faridi  |  

United Fintech, the fintech infrastructure and ecosystem for financial institutions, asset managers & wealth managers reportedly secured an investment from Barclays, strengthening its shareholder base of “global banks, including BNP Paribas, Citi and Danske Bank and most recently Standard Chartered, which have all joined in… Read More

December 15, 2025 @ 7:53 am By Omar Faridi  |  

Aberdeen Investments has reached agreement with MFS to acquire the management of closed end fund (CEF) assets totalling £1.5bn, further cementing Aberdeen’s position as the “fifth largest” asset manager of CEFs internationally. Via a series of mergers and reorganisations, nine MFS funds, in addition to… Read More

December 13, 2025 @ 3:10 pm By Omar Faridi  |  

Morpheus Lending has announced a new £110m senior funding line with leading alternative asset manager, Pollen Street Capital. Launched this year, Morpheus has built a “digital-only” bridging platform centred around speed and efficiency, for both clients and brokers. Building on their progress to date, the… Read More

December 13, 2025 @ 8:18 am By Omar Faridi  |  

KPMG UK has commented on the Financial Conduct Authority’s (FCA) final rules on targeted support. Sharing insights and perspective on the publication of the FCA’s final rules on targeted support, Jane Wilson, Targeted Support Lead, KPMG UK, says that this is considered to be “a… Read More

December 11, 2025 @ 9:08 am By JD Alois  |  

Mollie has signed an agreement to acquire GoCardless, a UK-based bank payment company that offers solutions for businesses to collect recurring and one-off payments directly from customer bank accounts using direct debit and open banking. The terms of the deal were not revealed, but reports… Read More

December 11, 2025 @ 8:29 am By Omar Faridi  |  

As major jurisdictions across the globe continue exploring the feasibility and effectiveness of central bank digital currencies (CBDCs), 2025 has seen a notable shift in emphasis from relatively early retail-payment pilots toward broader infrastructure, cross-border initiatives as well as strategic policy objectives. For the United… Read More

December 11, 2025 @ 8:28 am By Omar Faridi  |  

Zilch, a payments platform, says that it has secured a payments services license from the Financial Conduct Authority (FCA). Zilch states that the licensing marks a key milestone for them, removing the reliance on third-parties and “enabling the business to build payments methods in-house, develop… Read More

December 11, 2025 @ 1:00 am By JD Alois  |  

Online lender LoanTube (trading as Tiger Lion Financial Limited) says its credit marketplace is now available via ChatGPT. Of note, LoanTube’s ratings on TrustPilo are pretty good. According to a release, LoanTabe states that loan applications can be completed via chat in a “conversational interface…. Read More

December 10, 2025 @ 7:57 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with Finseta plc , a foreign exchange and payments solutions company, to deliver agency banking services supporting GBP and multi-currency (MCCY) accounts. Under this partnership, Finseta will leverage ClearBank’s virtual IBAN tech in… Read More

December 10, 2025 @ 12:57 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, recently announced a channel partnership with Plaid, a data network that serves as the analytics layer for financial services. This collab will reportedly aim to deliver faster, and frictionless Pay by Bank experiences for businesses and… Read More

December 9, 2025 @ 8:38 am By Omar Faridi  |  

Transaction data from digital payments provider Checkout.com reveals how consumers shopped during the Black Friday Cyber Monday weekend, with international spending surging by 36% compared with the equivalent weekend in October of this year. During this particular period, Checkout.com reports that it has experienced a… Read More