Tagged: uk

SBE Council Welcomes House Committee Review of European Laws Harming US Firms

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement regarding the House Judiciary Committee hearing addressing European laws that harm US firms. The EU  and UK have enacted multiple laws that solely impact US firms – typically, US big tech. While crafted… Read More

Crowdcube Announces Launch of Later Stage Investments

Crowdcube, a leading investment crowdfunding platform based in the UK, has announced the advent of later-stage investments, adjusting its offerings for its 1.9 million investors. The platform states that its first later-stage offering is for Bolt. Start-ups and early-stage firms make highly risky investments. Most… Read More

Global Fintech Wise Explores Transition to Full-Fledged Banking in the UK

Wise (LON:WISE), a global Fintech known for its focus on international transfers, is reportedly contemplating a significant shift in its business model by exploring the possibility of becoming a fully licensed bank in the United Kingdom. According to recent reports, the company has initiated discussions with… Read More

UK Financial Institutions Focus on AI as Productivity Surges: Research

Artificial intelligence has reportedly moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey, the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and “increased investment in the technology over… Read More

Aberdeen Group Partners with European Private Markets Infrastructure Firm Titanbay

Aberdeen Group plc, a UK-based wealth and investments firm, has recently announced significant strategic moves aimed at sharpening its focus and enhancing its offerings in the evolving financial landscape. This month, Aberdeen unveiled a partnership with Titanbay, a European private markets infrastructure provider, to streamline… Read More

Schroders Capital Strengthens APAC Presence, Expands UK Real Estate Operations

Schroders Capital, the private markets division of global investment manager Schroders, has made significant strides in strengthening its real estate operations with a key leadership appointment in the Asia Pacific (APAC) region and a leasing achievement in the UK. These developments underscore the firm’s commitment… Read More

Digital Bank Zopa Acquires Payments Provider Rvvup

Zopa Group, a digital bank, has acquired payments platform Rvvup in a move that is expected to 3X its  embedded finance business in two years. The acquisition is predicted to boost its point of sale credit services supporting all payment options. The acquisition is Zopa’s… Read More

UK Business Confidence Rises Amid Economic Shifts, Report Reveals

Recent findings from the Lloyds Bank Business Barometer reveal a complex but seemingly optimistic / favorable environment for UK businesses in August 2025. Despite a slight dip in economic optimism, overall business confidence has climbed two points to 54%, marking the fourth consecutive monthly increase… Read More

TrueLayer Says They are Driving Open Banking Growth

Earlier today, an update from Open Banking Limited (OBL) reported that open banking in the UK has topped 15 million users, including individuals and businesses, as of July 2025. This represents a 50% increase from the 10 million users recorded just a year prior, highlighting the… Read More

UK VC Funding Faces Challenges But Retains Global Relevance, Report Claims

The UK venture capital activity experienced a significant slowdown in the first seven months of 2025, with deal volume and value declining year-on-year. The pullback reflects a combination of “macroeconomic headwinds and the recalibration of investor strategies.” Yet, the UK’s diversified ecosystem and strong tech… Read More

London Stock Exchange’s Private Securities Market Obtains PISCES Approval Notice by FCA

The London Stock Exchange has become an operator that has been granted a PISCES Approval Notice (PAN) by the Financial Conduct Authority (FCA) for its Private Securities Market. The new secondary market will, for the first time, “provide private companies with access to intermittent liquidity… Read More

UK Open Banking Now Has 15 Million Users, Report Claims

In a recent milestone for the UK’s financial sector, open banking has reached over 15 million users, encompassing both individuals and businesses, as of July 2025. This figure, equivalent to nearly one in three UK adults, reflects a remarkable growth trajectory since the technology’s introduction… Read More

Fuel Ventures Follow-On EIS Fund to Focus on High-Performing Portfolio Businesses

The Fuel Ventures Follow-On EIS Fund reportedly backs some of the United Kingdom’s most high-growth or high-potential technology companies. As mentioned in a recent update shared by Republic Europe, it is designed to double down on a selection of the “top-performing” portfolio businesses. The offering… Read More

Gemini Offers Ethereum and Solana Staking Services to UK Consumers

Digital assets firm Gemini, founded by Tyler and Cameron Winklevoss, has launched staking services for Ethereum (ETH) and Solana (SOL), enabling UK customers to earn passive income through its platform. Announced recently, this development removes previous barriers, making staking accessible to all users regardless of… Read More

Bank of England Supports the UK’s Financial Sector with Research, Reliable Payments Systems, Updated Analytical Frameworks

The Bank of England (BoE) continues to shape the United Kingdom’s monetary and financial industry through extensive research, reliable payments systems, and updated analytical frameworks. Three recent updates—key insights from Catherine L. Mann, the Real-Time Gross Settlement (RTGS) and CHAPS Annual Report 2024/25, and a… Read More

UK Banks Will Invest £1.8 Billion into Artificial Intelligence (AI) by 2030: Zopa Report

Financial services, including Fintechs, are investing in artificial intelligence (AI) at a rapid pace. Consumers and businesses are already benefitting from the new technology, which can automate more services while improving products. For banks, it is not just about saving money; it is about maintaining… Read More

UK Regions Report Rise in Startup Activity in H1 2025 : Research

Ten UK regions have recorded a rise in startup activity in the first half of 2025, signaling renewed confidence in the country’s entrepreneurial sector. According to the New Startup Index from NatWest and Beauhurst, the North East saw the fastest relative growth, with over 10,000… Read More

FTC Chair Cautions US Tech Firms on Compliance with UK and EU Digital Laws

In a recent statement, Andrew Ferguson, Chairman of the U.S. Federal Trade Commission (FTC), issued a stern warning to American technology companies regarding their compliance with new online safety regulations in the United Kingdom and European Union. Ferguson emphasized that adhering to these foreign laws… Read More

Number of UK Bank Branches Drops by 34% Since 2019. Is this a good thing?

Bank branches are quickly becoming a thing of the past. Think floppy disks and fax machines. Consumers manage their financial existence on their smartphones. And they prefer it over queuing up for a teller. At the same time, there remains a segment of the community… Read More

UK’s Shawbrook Bank Enables Digital Transformation with Thought Machine’s Vault Core

In a stride toward modernizing its banking infrastructure, Shawbrook Bank, a UK specialist bank, has gone live with Thought Machine’s core banking platform, Vault Core. The milestone seemingly marks a pivotal moment in Shawbrook’s digital transformation journey, with the launch of its first product—a buy-to-let… Read More

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