Tagged: uk

October 7, 2025 @ 10:06 am By Omar Faridi  |  

October 7, 2025 marks the first year since the UK’s Payment System Regulator or PSR introduced mandatory APP fraud reimbursement rules. Although 88% (£112m) of losses under the policy have reportedly been returned to victims, the total value of claims increased from Q1 to Q2… Read More

October 7, 2025 @ 8:01 am By Omar Faridi  |  

Kourosh Khanloo, director of corporate strategy at Jefferies-owned Tradu, has shared his perspective with CI on the UK lifting the ban on crypto ETNs for retail investors on October 8, 2025. Kourosh says that he welcomes the UK Financial Conduct Authority’s (FCA) decision to lift… Read More

October 6, 2025 @ 11:30 am By Omar Faridi  |  

After several months of elevated confidence, September saw a return to levels seen during the first part of 2025. The latest Lloyds Business Barometer saw a reduction of 12 points in September 2025, with confidence remaining above the long-term average of “29%, close to the… Read More

October 6, 2025 @ 9:19 am By JD Alois  |  

Abound, a UK Fintech in the online lending sector, has surpassed £1 billion in lending. First reported by Financial IT, Abound CEO  Gerald Chappell, is quoted on the milestone: “Reaching £1 billion in loans is proof of our momentum and our technology. With more milestones… Read More

October 6, 2025 @ 8:45 am By Omar Faridi  |  

Research reveals the United Kingdom’s top 25 regions for mid-market business growth, spotlighting fast-growing innovation hubs such as Manchester, Leeds, and Oxford, and indicating the ecosystem’s role in driving regional economic resilience before the announcement of the Autumn Budget. An index of the United Kingdom’s… Read More

October 6, 2025 @ 8:39 am By Omar Faridi  |  

A financial skills gap is said to be undermining the resilience and overall growth of small businesses across the United Kingdom, according to the latest research released by Xero, the global small business platform. The study, conducted by Censuswide and Opinium, reportedly exposes a lack… Read More

October 6, 2025 @ 8:22 am By Omar Faridi  |  

UK’s digital bank Monzo appears to be gearing up for a push into the US market by considering a fresh bid for a U.S. banking charter. This comes years after the Fintech company shelved a prior attempt in 2021, when regulators seemingly signaled low chances… Read More

October 6, 2025 @ 12:46 am By Omar Faridi  |  

More than half of UK adults now use mobile wallets, according to a report from UK Finance. Recent figures from the Fintech and financial services industry trade body reveal how consumer behavior and payment habits in the UK continue to evolve and how they are… Read More

October 4, 2025 @ 2:11 pm By Omar Faridi  |  

UK’s digital bank OakNorth provided a $45 million loan to Aya New York. Established back in 2009 by industry professional Amir Shriki, Aya New York is a Manhattan-based real estate investment company focused on acquiring and repositioning “distressed” and “mismanaged” assets in prime New York… Read More

October 3, 2025 @ 4:41 pm By Omar Faridi  |  

Reacting to comments from Bank of England Governor Andrew Bailey that stablecoins could cut reliance on bank lending, a CryptoUK spokesperson said that the organization now welcomes these seemingly positive views from Bailey on the role of stablecoins and crypto-assets more broadly within the United… Read More

October 3, 2025 @ 9:49 am By Omar Faridi  |  

Bank of England Governor Andrew Bailey‘s change in stance towards stablecoins has not gone unnoticed by industry professionals. Zumo‘s Founder and CEO Nick Jones said this latest move suggests the Bank of England’s long-held skepticism towards digital assets is beginning to dissipate, and it’s a… Read More

October 3, 2025 @ 9:04 am By Omar Faridi  |  

Digital assets firm Gemini (NASDAQ:GEMI) has opened their first permanent UK office in London. Gemini noted that this will provide a space for the Gemini team to work cooperatively, collaborate on various initiatives and continue to grow their headcount in one of the world’s fastest-evolving… Read More

October 3, 2025 @ 12:59 am By Tony Zerucha  |  

Love Finance, a United Kingdom SME lender and broker, has secured £45 million in its first debt financing arrangement, enabling the company to expand its loan book. The funding package comprises a £35 million revolving credit facility (RCF) from FTSE 250 specialist lender, Paragon Bank,… Read More

October 2, 2025 @ 12:16 pm By JD Alois  |  

AI Venture Builder (AIVB) is a startup that aims to launch B2B AI-driven software. The company states that it will create scalable AI ventures in various industries, including defence, Medtech, fashion, and finance. AIVB is now raising money on Republic Europe. According to the offering… Read More

October 2, 2025 @ 8:47 am By Omar Faridi  |  

Crowdcube has teamed up with the London Stock Exchange. According to the company, Crowdcube investors will soon be able to gain access to late-stage, high-growth private firms listed on LSEG’s new Private Securities Market (PISCES). The London Stock Exchange is the first, and currently only,… Read More

October 2, 2025 @ 2:02 am By Omar Faridi  |  

Funding Circle (LSE: FCH), an SME finance platform, has removed foreign transaction fees across its business card portfolio, including the FlexiPay card and its Cashback Business Credit Card. This is expected to challenge the current UK market status quo, where SMEs have been forced to… Read More

October 1, 2025 @ 2:09 pm By JD Alois  |  

Investment crowdfunding is not just defined by enabling private firms to raise growth capital but by how these offerings perform for investors. Over time, if investors learn that investing in private securities is a bad decision, this sector of Fintech will stumble. CI has always… Read More

October 1, 2025 @ 12:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly recorded the highest number of fraud and scam complaints that had been referred to the Financial Ombudsman Service (FOS). Data reviewed by Which? found that fraudulent activity complaints from clients of the digital banking service provider had outnumbered all other… Read More

October 1, 2025 @ 9:48 am By Omar Faridi  |  

CoinShares International Limited (OTCQX: CNSRF), the European asset manager specializing in digital assets with ~US$10 billion in AuM, announced the acquisition of Bastion Asset Management Limited, a London-based, FCA-regulated crypto-focused alternative investment manager. The acquisition is subject to regulatory “approval from the UK Financial Conduct… Read More

September 27, 2025 @ 9:17 am By Omar Faridi  |  

This past week, Banco Santander (NYSE: SAN) made several announcements including insights on the UK housing market, initiatives to support the investment banking sector, and the introduction of digital assets trading services for a certain group of clients. From exposing the hidden costs of UK‘s… Read More