Tagged: united kindom

UK’s Salad Money Acquires £40M Debt Facility to Get Credit to Essential Workers

Social purpose Fintech firm Salad Money will aim to serve the demand for affordable credit from NHS and public sector employees after receiving a senior debt facility of as much as £40 million via a US-headquartered credit fund. The facility means more essential workers among… Read More

Investment Platform Lightyear Introduces In-App Access to Earnings Calls

Finance software startup Quartr and investment platform Lightyear announce a partnership to bring Quartr’s convenient “access to earnings calls audios, reports and slide decks to the Lightyear platform.” Quartr has “collected company information from roughly 7,000 listed companies and have, since this autumn, started redistributing… Read More

UK Digital Asset Protection Firm Coincover Appoints Katharine Wooller as Business Unit Director

Coincover – the digital asset protection technology company – announces the appointment of Katharine Wooller as Business Unit Director, bolstering the firm’s profile with her extensive expertise. The news concludes a year of steady growth for the company, “just months after Coincover launched its new… Read More

UK’s Business Banking Platform Tide Appoints New Chief Product Officer

Tide, the UK’s business banking platform, has announced the appointment of Vinay Ramani to the new role of Chief Product Officer. Vinay will drive Tide’s vision “for its global product strategy, broaden Tide’s small business-focused offering in the UK and India, and progress Tide’s members’… Read More

TSB Bank Fine by UK Regulators Highlights Need to Improve IT Infrastructure: Report

Following the news that British lender TSB Bank was fined $48.65m ($59.07m) by the Financial Conduct Authority and the Prudential Regulation Authority over “a botched IT platform migration that left two million customers locked out of their accounts in 2018,” Chris Dinga, Payments Analyst at… Read More

European Fintech iwoca SME Expert Index: Cash Flow Now a Priority for SMBs

With inflation hovering at a 40-year high, “managing day to day cash flow has become the primary reason for small business applications for finance,” according to iwoca’s latest SME Expert Index. The survey of brokers has “revealed that managing cash flow is the most common… Read More

SD Worx Teams Up with Fintech Modulr to Support Faster Payments for Workforce

HR and payroll services provider, SD Worx, is committed to making additional investments in people-based Fintech services for its clients by working with Modulr, the embedded payments platform that supports quicker payroll payments. Traditional Bacs payments for payroll usually take around three business days to… Read More

Archax, BondEvalue to Deliver Solutions for Trading of Fractional Fixed Income Products

Archax and BondEvalue have announced a strategic partnership “to deliver digital solutions for the ownership, trading and custody of fractional fixed income products using blockchain technology.” Archax, which claims to be the “first” and only Financial Conduct Authority (FCA)-regulated digital securities exchange, broker and custodian,… Read More

BoardClic, a Swedish SaaS B2B Platform for Mgmt Team Evaluations, Secures Funding

Swedish board evaluation platform BoardClic has raised €1.2 million “to boost next phase of international expansion.” BoardClic, a Swedish SaaS B2B platform for digital board and management team evaluations, has successfully acquired €1.2 million, according to an update shared with CI. The funding will be… Read More

Judith Hartley Appointed CEO, British Business Investments

Judith Hartley has been appointed CEO of British Business Investments, which is one of the British Business Bank’s commercial subsidiaries. Judith Hartley, who was appointed acting CEO of British Patient Capital and British Business Investments in September 2020, will “take up the permanent role of… Read More

Open Banking: Salt Edge and Five Degrees Partner on Digital Banking Services

Salt Edge and Five Degrees have partnered on digital banking. Salt Edge is an open banking solution provider that is currently integrated with thousands of financial institutions operating in over 50 countries. Five Degree is a digital banking platform that offers a core banking platform… Read More

FLEETCOR Technologies to Acquire UK based Cross-Border Business

FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, recently announced it has signed a definitive agreement “to acquire the Global Reach Group, a UK-based cross-border payments provider.” With the acquisition, FLEETCOR increases its cross-border payments scale and strengthens its position “as one of… Read More

London Fintech Banked to Focus on US Expansion After Securing Fresh Capital from Bank of America, Others

Brad Goodall, CEO and Founder at Banked, notes that it’s a big day for the company – with the announcement of their Series A and their partnership with Bank of America. Goodall also mentioned that the entire team at Banked have worked really hard to… Read More

UK’s Sourced Capital Obtains Direct Authorization from the Financial Conduct Authority

Sourced Capital, a UK property investment platform and wholly-owned subsidiary of the Sourced Group, has announced that it received direct authorization from the Financial Conduct Authority (FCA) and “acquired Peer Funding Limited, a peer-to-peer business platform.” Sourced Capital says that it proved its solid track… Read More

UK’s WiseAlpha, a Digital Bond Market, Teams Up with Fintech Fortu Wealth

WiseAlpha, the United Kingdom’s digital bond market platform, is pleased to confirm its strategic partnership with UK-headquartered Fintech firm, Fortu Wealth. This collaboration marks another key milestone for the Fintech companies, both planning to offer a smart financial solution to private banking customers. As noted… Read More

£64B in Pension Savings May be Lost Track Of Due to Clients Not Updating Contact Information When Relocating, UK’s PensionBee Reports

Research from online pension provider, PensionBee, reveals that nearly a third of savers (32%) think that it doesn’t matter whether they notify their pension provider(s) of a change of address, as they will still have a way to contact them. This belief may be quite… Read More

TP ICAP Group to Appoint Sebastien Rozes as Regional CEO for EMEA, Subject to UK FCA Approval

TP ICAP Group, a provider of market infrastructure, reveals that it has appointed Sebastien Rozes to serve as Regional CEO for the EMEA region, currently subject to approval from the UK Financial Conduct Authority (FCA). Sebastien, based out of London offices, is an experienced financial… Read More

UK’s TraderMade, a Financial Market Data Specialist, Introduces Forex Data API Portal

TraderMade, which claims to be one of the United Kingdom’s leading international specialists in financial market data, has confirmed the launch of a forex data API portal – which allows users to effectively manage their own data plans. As noted by TraderMade’s management: “We have… Read More

UK’s Prime Property Lending Platform CapitalRise Reports Significant Growth in 2021

Ealier this month, the team at UK-based CapitalRise, a prime property lending platform, had announced a multi-million pound loan advancement for luxury Ealing development. As mentioned in a blog post by CapitalRise, the “dedicated” prime property lender had confirmed the advancement of a multi-million-pound senior… Read More

UK’s Prime Property Investment Platform CapitalRise has Returned Over £50M to Investors Since Inception

CapitalRise, the dedicated prime property investment platform, revealed on Thursday (May 13, 2021) that it has managed to return over £50 million to investors since launching its operations. According to a release shared with Crowdfund Insider, CapitalRise provided “an average return of 9.2 percent per… Read More

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