Tagged: uk

July 5, 2025 @ 12:15 pm By JD Alois  |  

Zopa, a regulated digital bank, says it has opened a new office in Manchester with plans to hire up to 500 new employees over time. The Zopa Manchester office is expected to initially provide space for a team of over 50 employees, Zopa states that… Read More

July 3, 2025 @ 1:15 am By Omar Faridi  |  

Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of “£2.65 billion (approximately €3.1 billion) in an all-cash transaction.” TSB is said to be a well-established UK retail… Read More

July 2, 2025 @ 4:50 am By JD Alois  |  

Tokenized real estate platform MetaWealth reports that it has distributed over $1 million in yield income to investors. This month, the company reports that it distributed more than $37,000 to investors, thus surpassing the million-dollar mark. The yield is driven by rental income for its… Read More

July 2, 2025 @ 4:35 am By JD Alois  |  

WRAP, the retail investor platform operated by Winterflood, is reporting 32 transactions in H1 2025. Winterflood Securities is a liquidity provider and retail-focused platform that offers trading for retail as well as institutions. WRAP aims to connect public companies and retail investors by facilitating participation… Read More

July 2, 2025 @ 1:51 am By Omar Faridi  |  

Business confidence remains steady in the United Kingdom, according to a report from Lloyds Bank. Business confidence saw a small rise in June, “up one point to 51%,” according to the latest Lloyds Business Barometer. This follows the 11-point rise seen in May, “offsetting April’s… Read More

July 1, 2025 @ 1:33 am By Omar Faridi  |  

LendInvest, the UK’s platform for property finance, has recently announced key leadership appointments to accelerate its strategic objectives and solidify its position as a preeminent alternative finance provider. The company, known for its technology-driven lending platform, has appointed John Eastgate as its first Chief Commercial… Read More

June 29, 2025 @ 11:26 pm By Omar Faridi  |  

UK’s Starling Bank is reportedly exploring a bold move to expand its footprint into the United States by acquiring a US-based lender. This step marks a significant milestone in the bank’s plans to grow beyond its domestic market and establish a presence in one of… Read More

June 29, 2025 @ 10:58 pm By Omar Faridi  |  

In a key decision, the UK’s Competition Appeal Tribunal (CAT) has ruled that the multilateral interchange fees (MIFs) charged by Visa and Mastercard to retailers violate European competition law. This ruling, delivered in June 2025, marks a significant moment in the ongoing scrutiny of payment… Read More

June 28, 2025 @ 11:09 pm By Omar Faridi  |  

The Defined Contribution (DC) section of Schroders Retirement Benefits Scheme (SRBS) has allocated £48m, (20% of the default growth fund), to the Schroders Capital Climate+ LTAF as it looks to provide greater diversification benefits and access to the robust returns private markets can deliver for… Read More

June 28, 2025 @ 10:15 pm By Omar Faridi  |  

European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses. Through this collaboration, payabl. now provides “businesses with seamless access to all major UK payment schemes –… Read More

June 28, 2025 @ 4:10 pm By Omar Faridi  |  

Digital bank Revolut has announced its acquisition of Banco Cetelem Argentina, a modest local lender owned by French banking giant BNP Paribas. This deal marks Revolut’s entry into Argentina, South America’s second-largest economy, and underscores its strategy to penetrate emerging markets. The acquisition, reported by… Read More

June 28, 2025 @ 12:12 pm By Omar Faridi  |  

FourTwoThree, the smart climate action platform, is launching with strategic investment from NatWest Group, NAB and SC Ventures . The platform will connect enterprise organisations and their SME value chain networks to collaboratively “measure, understand, and take action to reduce their aggregate climate impact effectively.” The University of Cambridge recently… Read More

June 27, 2025 @ 9:40 am By JD Alois  |  

CryptoUK and Eunice have announced the creation of an ESG Working Group. CryptoUK is a leading voice in the UK advocating on behalf of the digital asset industry. Eunice, a member of CryptoUK, is a firm that provides B2B AI solutions for the digital asset sector…. Read More

June 26, 2025 @ 10:14 pm By Omar Faridi  |  

UK pensioners may see modest income growth by the end of the decade, but PensionBee, a key player focused on the consumer retirement market, is warning that this “shouldn’t distract from the bigger retirement savings challenge facing millions.” Indeed, it is becoming increasingly difficult to… Read More

June 26, 2025 @ 2:46 am By Omar Faridi  |  

AI boosts productivity and profitability for UK businesses. The vast majority of businesses using AI say the technology has “helped them to boost their productivity and profitability,” new research from Lloyds’ Business Barometer. Of the 59% of UK companies currently using AI, “more than three… Read More

June 26, 2025 @ 12:18 am By Omar Faridi  |  

GoCardless, a bank payment company, has expanded its partnership with FreeAgent, a cloud-based business accounting software for small businesses, freelancers, and their accountants, to provide faster and more convenient payment solutions to their customers. GoCardless’s Instant Bank Pay, its open banking-powered payment solution, and Success+, the… Read More

June 24, 2025 @ 10:08 am By JD Alois  |  

Digital Bank Zopa says its mission is to become the “home of money,” and it has added a new service called “Biscuit.” Biscuit is a current account that claims a superlative digital experience along with high interest rates paid to users. The new current account… Read More

June 24, 2025 @ 1:05 am By Omar Faridi  |  

More parts of the economy saw higher activity levels in May, according to the latest UK Sector Tracker from Lloyds. Four of the 14 sectors monitored by the Tracker “grew in May – two more than in April.” Software services “expanded at the fastest pace… Read More

June 24, 2025 @ 12:51 am By Omar Faridi  |  

The Bank of England (BoE) has recently made significant strides in enhancing transparency, reinforcing global financial standards, and advancing its economic forecasting capabilities. These efforts reflect the central bank’s commitment to fostering trust, stability, and precision in its operations amid a complex economic landscape. In… Read More

June 23, 2025 @ 10:56 am By JD Alois  |  

Folk2Folk is reporting that investors earned £17.32 million in interest payments for the tax year of 2024/2025. The company states that it is the largest peer-to-peer lender in the UK, based on total lending. The interest generated in the past year is the most since… Read More