Tagged: uk

Fuel Ventures Follow-On EIS Fund Now on Republic Europe

Fuel Ventures Follow-On EIS Fund is live on Republic Europe. Fuel Ventures is an early-stage technology investor in the United Kingdom that is said to be operating SEIS, EIS, and VCT Funds. Based currently in London,  Fuel Ventures operates in the sectors of Finance &… Read More

UK Mid-Market Resilient as Growth Remains Steady in Q3, Report Claims

Mid-market firms remained the growth engine of the UK private sector economy during the past month. according to the NatWest UK Business Growth Tracker data. The Tracker – which has reportedly surveyed mid-market businesses operating in the manufacturing as well as services sectors – declined… Read More

UK’s Lloyds Bank Introduces “Build Your Credit” Card to Enhance Financial Wellbeing

Advance, the credit card from Lloyds, provides support to help build a good credit score in a responsible manner- suitable for consumers with big aspirations on the horizon that will require substantial borrowing to help turn them into a reality. When working toward life goals,… Read More

US, UK Tackle Pig Butchering Scams Emanating from Cambodia

The US Department of the Treasury and the UK’s Foreign, Commonwealth, and Development Office (FCDO) have jointly taken action to address a pig butchering operation in Cambodia. The online affinity scams frequently utilize crypto to steal funds from their targets. Treasury’s Office of Foreign Assets… Read More

Digital Bank Revolut Acquires Swifty, an AI powered Travel Startup

Digital bank Revolut recently announced the acquisition of Swifty, an AI-powered travel agent startup incubated at Lufthansa Innovation Hub (LIH). This latest acquisition by Revolut brings Swifty’s AI tech and Co Founders Stanislav Bondarenko and Tomasz Przedmojski to Revolut, where they will focus on enhancing… Read More

UK’s Wealth Management Fintech PaceUPInvest Is Raising Funds via Crowdcube

PaceUPInvest is raising funds through its crowdfunding campaign carried out through Crowdcube. The company explains that it is committed to enhancing the accessibility of wealth management services. By harnessing the power of artificial intelligence algorithms and valuable human insight, their platform aims to assist users… Read More

Digital Securities: More on UK Effort to Enable Tokenization

It was reported earlier that the UK Financial Conduct Authority (FCA) was pursuing a consultation on the tokenization of funds. This is a precursor to the tokenization of  more investible assets and part of an initiative to keep the UK competitive as a global financial… Read More

FCA: The UK Plans Shift to Tokenized Assets, Digital Securities on the Way

This week, the UK Financial Conduct Authority (FCA) issued a statement on tokenization or turning investible assets into digital assets. Digital securities have long been recognized as the future of markets. Today, with the advent of global regulatory changes supporting digital transformation, broader acceptance of… Read More

UK’s Digital Bank OakNorth Announces Revolving Credit Facility for OUTCO

UK’s digital bank OakNorth recently announced that it provided a flexible revolving credit facility to OUTCO, a technology-powered provider of outdoor estate maintenance services, after the business’s strategic investment by Perwyn, a European private equity firm. With more than 20 years of experience, OUTCO claims… Read More

Majority of UK Traders are Likely to Invest in Digital Assets in the Next Year, Report Claims

Driven by younger, tech-savvy investors interested in diversifying their investment portfolios, the UK population appears to be embracing crypto. Meanwhile, the nation’s crypto and web3 industry has had a solid year. Regulators have approved crypto exchange-traded notes (ETNs), and the government has introduced a seemingly… Read More

UK’s Prime Property Finance Platform CapitalRise Shares Lending Strategy Update

CapitalRise, a real estate investment platform, says its lending strategy has evolved. They’ve reportedly expanded their geographical reach, further diversified their asset classes, and broadened their product range to address the evolving needs and requirements of the UK’s property finance market. The CapitalRise team has shared key… Read More

UK Jobs Report : Permanent Placements Decline, Starting Salaries Stagnate

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, revealed a further decline in the recruitment of permanent staff at the end of the third quarter. According to the update from KPMG UK, relatively low employer confidence and cost concerns weighed… Read More

UK Law Firms Optimistic About Business Operations As Profitability Increases : NatWest

NatWest has released their eleventh legal report analysing the financial performance of law firms across the UK following a survey of 110 participants. Optimism in the legal industry remains fairly high, with the majority or 84% of firms feeling generally positive about the foreseeable future,… Read More

ClearBank and PayCaptain to Enable Real-Time Payroll Payments and Embedded Savings Accounts

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with payroll software platform PayCaptain, enabling real-time salary payments for employees across its network of over 300 corporate clients. PayCaptain will become ClearBank’s embedded banking partner in the corporate sector, marking a key… Read More

Hargreaves Lansdown, a Private Investment Advisor Managing £155 Billion, Says Bitcoin Not an Asset Class

Private investment firm Hargreaves Lansdown has issued a statement on crypto and Bitcoin specifically, describing the world’s most popular crypto as “not an asset class.” To quote the firm:  “…we do not think cryptocurrency has characteristics that mean it should be included in portfolios for… Read More

AI Venture Builder Secures £619K+ via Republic Europe

AI Venture Builder, a UK-based startup studio focused on launching B2B AI-powered software solutions, has secured 103% of its £600,003 target via its fundraising campaign carried out via Republic Europe (with 7 days remaining in the crowdfunding campaign). AI Venture Builder is reporting a total… Read More

Laffer Curve: UK Continues to Chase Tax Revenue Away as Revolut CEO Domiciles in UAE

The Laffer Curve continues to shed light on how to manage tax policy more effectively. Unfortunately, too few recognize the pragmatech theory that posits a too high tax burden will alter individual behavior. As taxes rise, especially on the affluent, who may relocate easily, this… Read More

Fintech in a Changing World – London

The countdown is on! Join Innovate Finance’s Fintech in a Changing World, the 5th edition of our FinTech as a Force for Good series, on 21 October in London. The Forum brings together senior leaders, founders, and policymakers to explore how innovation in financial services drives inclusion, resilience,… Read More

Crowdcube to Enable Retail Investors to Acquire Shares in Atom Bank

Crowdcube is now allowing retail investors to acquire shares in Atom Bank. The UK based fintech firm is the latest in what has become a long line of startup initiatives that Crowdcube has enabled retail investors to invest in so far, including Revolut, Monzo Bank,… Read More

Innovate Finance to Work with BBC on New Series

UK Fintech advocate Innovate Finance will partner with the British Broadcasting Corporation (BBC) on a new Fintech series, according to a release. The production will be created by BBC StoryWorks Commercial Productions. The series is titled “Value Generation: Fintech’s Next Frontier,” and is said to… Read More

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