Tagged: uk

September 24, 2024 @ 8:09 am By Omar Faridi  |  

UK’s Assetz Capital has reportedly funded new addition to the Belfast skyline. According to the update from Assetz Capital, the Belfast skyline will soon see a new building feature. As mentioned in the announcement from Assetz Capital, the 84 unit serviced apartment development set over… Read More

September 23, 2024 @ 5:35 pm By Omar Faridi  |  

UK Finance is calling for further housing market reform. UK Finance recently releases its report ‘Homes We Need’ which proposes solutions to complement the government’s plans. UK Finance, which represents over 300 firms “including 120 mortgage lenders, is today releasing its report Homes We Need.”… Read More

September 23, 2024 @ 11:52 am By Omar Faridi  |  

Metro Bank is warning its personal and business customers against a rise in impersonation scams as part of its Scam of the Month awareness campaign. Consumers are being bombarded by phone, text or email from “trusted” organizations such as their bank, the police, HMRC, delivery… Read More

September 23, 2024 @ 9:06 am By JD Alois  |  

CapitalRise is reporting that it has closed on an £8.22 million senior development loan in Wimbledon. The real estate investment platform says this most recent facility follows a robust summer that generated record activity on the property finance platform. As for the Wimbledon project, the financing… Read More

September 23, 2024 @ 8:37 am By Omar Faridi  |  

LemonEdge, the fund accounting solution for private markets, has announced a strategic partnership with Eleven, an investor portal solution. This partnership marks a significant milestone “for both companies, combining LemonEdge’s innovative accounting capabilities with Eleven’s powerful platform for automating and streamlining the entire investor lifecycle,… Read More

September 23, 2024 @ 8:30 am By Omar Faridi  |  

Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research shared by Starling Bank. The data, from Starling Bank, found that over “a quarter… Read More

September 22, 2024 @ 7:37 pm By Omar Faridi  |  

NatWest reports that it has completed a multimillion-pound funding deal with North East’s believe housing. NatWest notes that the £90 million funding package will aim to “support long-term growth plans for social housing association.” As stated in the announcement, believe housing has obtained a £90… Read More

September 22, 2024 @ 7:32 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has completed a £2m Revolving Credit Facility to Spy Alarms, an electronic security and fire system services business which installs, maintains and monitors intruder alarms, CCTV, fire safety systems and access control systems. The business was founded… Read More

September 22, 2024 @ 9:09 am By Omar Faridi  |  

Ahead of a “painful” Budget expected this autumn, new research from independent SME funder Bibby Financial Services (BFS) reveals that UK SMEs consider tax incentives and access to finance as two critical areas that need “to be addressed by the Government to unlock growth.” Data… Read More

September 22, 2024 @ 8:58 am By Omar Faridi  |  

A new report, released by Experian in collaboration with techUK, reveals Generative AI (GenAI) has the potential to boost annual U.K. GDP over the next ten years by up to £120 billion, but cites significant barriers “for businesses to overcome before that figure becomes a… Read More

September 21, 2024 @ 9:27 am By Omar Faridi  |  

At Crowdcube, they claim to be committed to helping businesses raise money. Crowdcube says that they have been doing it for over 13 years and “have worked with more than 1,300 businesses to raise nearly £2 billion.” Crowdcube further noted that their success is driven… Read More

September 20, 2024 @ 11:58 am By Omar Faridi  |  

One in six B2B sellers (suppliers) are offering business customers over two months to pay their invoices, according to a new joint report from economic consultancy Cebr and iwoca. The report Credit Where It’s Due, commissioned by iwoca––one of Europe’s largest small business lenders––reveals the… Read More

September 20, 2024 @ 10:16 am By JD Alois  |  

The Payments Association has released an “investigative documentary” regarding the impact of Authorised Push Payments (APP) fraud. The project was released in partnership with Cardaq and We Fight Fraud. The documentary aims to explore how fraudsters pilfer money from the innocent. The documentary, entitled The… Read More

September 19, 2024 @ 9:48 pm By Omar Faridi  |  

Anemoy, the asset management arm of Centrifuge, is pleased to announce a strategic partnership with Archax, the UK’s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform. The Liquid Treasury Fund is a short-duration treasury… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

Ctrl Alt, a financial engineering and tokenization platform with offices in the UK and Ireland, has officially launched in the UAE with an initial focus on the Emirate of Dubai. The company has already secured multiple partnerships, “including with Emirates NBD, with more public announcements… Read More

September 18, 2024 @ 7:43 am By Omar Faridi  |  

LendInvest Mortgages (AIM: LINV), the UK’s platform for mortgages, announces the launch of its new Expat Buy-to-Let mortgage products. This launch marks another significant step in LendInvest‘s mission to simplify mortgage processes for all types of customer, “offering tailored solutions to meet diverse needs.” The… Read More

September 17, 2024 @ 8:51 am By Omar Faridi  |  

Axoni, a provider of trade workflow applications and real-time data replication technology, announced the sale of its Veris post-trade processing business and related intellectual property to the London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure. The transaction remains subject… Read More

September 17, 2024 @ 7:37 am By Omar Faridi  |  

R3, the infrastructure platform building digital solutions for financial markets, and Quant, the digital finance pioneer, announce the release of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members and partners on… Read More

September 16, 2024 @ 5:16 pm By JD Alois  |  

Republic Europe, formerly Seedrs, posted its group accounts on Companies House last week. The online investment platform reported a larger loss for 2023 than for 2022. Republic (Open Deal), based in the US, is one of the largest investment crowdfunding platforms in the world. In… Read More

September 16, 2024 @ 11:55 am By Omar Faridi  |  

Nearly a quarter (24%) of Brits have ‘no idea’ how much they’ve saved into their pension while almost half (42%) admit confusion over how much they need to save for retirement, according to new research from PensionBee. In response to these challenges, pension savers are… Read More