Tagged: uk

April 13, 2025 @ 9:08 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, and Dalriada, one of the UK’s independent pension trustee firms, have launched a small-scheme consolidator solution that will aim to “improve value for members of Additional Voluntary Contribution (AVC) schemes.” The solution aims to address issues… Read More

April 13, 2025 @ 2:04 pm By Omar Faridi  |  

Trading and investing platform eToro is to launch a stock lending program, a new feature enabling eToro users based in the UK and Europe to earn passive income by lending out their stocks. eToro is working with BNY, which will act as the “custodian, and… Read More

April 12, 2025 @ 5:52 pm By Omar Faridi  |  

Research from Barclays Eagle Labs shows Edinburgh, Manchester and Bristol contain the strongest clusters of high-growth companies outside London, demonstrating “how local entrepreneurial and tech incubator networks are showing up for growth.” The Tech in the UK 2024 report from Barclays Eagle Labs shows “where… Read More

April 12, 2025 @ 6:15 am By Omar Faridi  |  

The Schroders Capital real estate team, acting on behalf of the Greater Manchester Pension Fund (GMPF), has acquired a 59-bed, best-in-class care home in southwest London for £14.2 million. This deal marks the fifth acquisition for GMPF “over the past 12 months, with investments totaling… Read More

April 11, 2025 @ 10:37 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a paper on trading apps and consumer behaviour. Today, apps are the norm not the outlyer, but it was not too long ago trades were completed by phone, and then by accessing a website. As smartphones are… Read More

April 11, 2025 @ 7:53 am By Omar Faridi  |  

The latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global, indicated that hiring activity across the UK fell again in March. Recruiters reported that weaker confidence “around the economic outlook, tighter client budgets and fewer job openings led to notable falls… Read More

April 11, 2025 @ 7:41 am By Omar Faridi  |  

Europe’s open banking infrastructure platform Yapily has partnered with the UK Fintech, Allica Bank, to bring the “benefits” of open banking top-ups to UK SME current accounts. Having launched to market in 2020, Allica has become the challenger bank for established SMEs with “between 5… Read More

April 10, 2025 @ 8:11 am By Omar Faridi  |  

With an FCA license in hand, a new London HQ, and three UK clients set to go live by year-end, Upvest says it is entering its next phase of growth in Europe’s “most dynamic” investment market: the UK. Leading the charge is Symmie Swil, a… Read More

April 10, 2025 @ 8:08 am By Omar Faridi  |  

The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will “allow BFS Marine Finance to provide secured financing… Read More

April 9, 2025 @ 9:35 pm By Omar Faridi  |  

Bank payment company GoCardless announced a partnership with Optty, a payments API platform, to help businesses in Australia to simplify their payment processes, “operate more efficiently, and scale with ease.” This will allow customers to collect bank payments directly within the Optty platform, without the… Read More

April 9, 2025 @ 8:06 am By Omar Faridi  |  

NatWest has announced a minority investment in Yonder, a credit card platform that provides customer experiences through “lifestyle-led rewards.” Yonder provides a financial lifestyle platform “that brings together people, money and experiences.” Predominantly targeting young professionals and expats, their platform offers its members “a range… Read More

April 9, 2025 @ 8:05 am By Omar Faridi  |  

New research from PensionBee reveals that almost half of older savers don’t fully trust using artificial intelligence (AI) to help manage their finances. A nationally representative survey of 1,000 UK adults explored “attitudes towards AI in pension customer support.” The research findings reveal that 45%… Read More

April 8, 2025 @ 10:16 pm By Omar Faridi  |  

Shawbrook has provided an eight-figure revolving credit facility to bridging lender Bluecroft Finance, supporting the company’s expansion as it continues to grow its presence in the UK lending market. The revolving credit facility includes an accordion feature that “allows for a potential 50% expansion, offering… Read More

April 8, 2025 @ 10:46 am By JD Alois  |  

As a regular user of Companies House, this author believes the database needs more than some make-up. It needs a major overhaul. Companies House makes the US Securities and Exchange Commission’s EDGAR system look like a supermodel in comparison. That’s a heavy lift. From posting documents with opaque… Read More

April 8, 2025 @ 9:35 am By Omar Faridi  |  

UK venture capital firm Osney Capital announces the first close of its debut fund to invest in the UK’s most promising cyber security startups, marking it the UK’s “first specialist” cyber security seed fund. The fund is oversubscribed from its “original target of £50m.” The… Read More

April 7, 2025 @ 11:59 pm By Omar Faridi  |  

Digital bank Monzo has made a strategic move into the home insurance market, launching a contents insurance product designed to capitalize on growing consumer demand for seamless, app-based financial services. This initiative marks Monzo as one of the first UK digital banks to offer such… Read More

April 7, 2025 @ 12:00 pm By JD Alois  |  

Innovate Finance, an association that advocates on behalf of the Fintech industry in the UK, has issued a statement calling on the UK government to create a National Anti-Fraud Centre to battle the financial fraud crisis. The cost of payments fraud is said to be… Read More

April 7, 2025 @ 7:12 am By Omar Faridi  |  

UK Fintech Wise (LON: WISE), which has become known for its focus on low-cost international money transfers, is exploring a step toward joining the FTSE 100, the UK’s stock index. The company announced it has been “extensively consulting with shareholders on the optimal listing arrangements,”… Read More

April 6, 2025 @ 11:11 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that the UK’s Financial Conduct Authority (FCA) has approved the application of its UK subsidiary, Galaxy Digital UK Ltd, a license to execute derivatives trading through its London office. This approval marks an expansion of Galaxy’s global trading… Read More

April 6, 2025 @ 11:02 pm By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More