Tagged: united kingdom

Autumn Budget 2021 Seeks to Make the UK a Science and Tech Superpower

“We are making this country a modern science and technology superpower,” Rishi Sunak, Chancellor of the Exchequer. The Autumn Budget 2021 was unveiled today as UK Chancellor of the Exchequer Rishi Sunak took the podium in Parliament to sell his vision. Once again, the Budget… Read More

Glint Pay CEO Comments on UK’s 2021 Budget Plans

Tomorrow (Wednesday), the UK Chancellor of the Exchequer Rishi Sunik will provide an update on the government’s 2021 budget plans. HM Treasury has already revealed much information on its tax and spending plans. While the Chancellor will have more to share, a good outline of… Read More

Digital Wallet Crypterium Obtains FCA Registration

Crypterium, a crypto wallet app that reports more than 400,000 clients in over 170 countries, has been registered with the UK Financial Conduct Authority  (FCA) to provide services to UK customers. According to a release, this registration ensures that Crypterium can continue to provide its… Read More

PensionBee Selects Clausematch Regtech for Compliance

Online pension provider PensionBee, has selected global Regtech Clausematch to manage its internal policies and controls, according to a release. PensionBee states that in preparation for its public listing on the London Stock Exchange, it first engaged Clausematch in 2020. PensionBee started by using the… Read More

Crowdcube Reports £3 Million in Revenue for Q3, Works on European Expansion in Advance of New EU Crowdfunding Rules

Crowdcube, a leading investment crowdfunding platform operating in the UK and continental Europe, has posted an update on platform performance. According to CEO and founder Darren Westlake, Crowdcube generated £3 million in top-line revenue during Q3 – down slightly from the £3.2 million generated in… Read More

UK’s PensionBee Now has More than 100,000 Invested Customers

Online pension provider, PensionBee (LON:PBEE) reveals that they now have more than 100,000 invested customers. We're pleased to announce that PensionBee now has over 100,000 Invested Customers! 🎉💛 pic.twitter.com/T3Ya2Ej1JE — PensionBee (@pensionbee) October 21, 2021 As previously reported, PensionBee is a leading online pension provider, helping… Read More

Seedrs Launches Private Deal Room for High Net Worth Individuals, Sophisticated Investors

Seedrs, a top European online investment platform with global aspirations, has launched a Private Deal Room catering to high net worth (HNW) individuals, angels, and sophisticated investors. In an email, Seedrs said they “believe the Seedrs Private Deal Room will help allow a new generation… Read More

Digital Transformation: UK’s Wesleyan Bank Reveals that Australia’s Sandstone Technology Is a Digital Partner

UK’s Wesleyan Bank reveals that Australia-based Fintech firm Sandstone Technology is now a  digital partner to enhance its platform for individuals and small business clients. Sandstone Technology front-end virtual banking solutions offer an intuitive banking experience across multiple channels for personal and business applications. Equipped… Read More

Transact Payments Achieves Nearly 4x Growth in Just 4 Years

Transact Payments Limited, a provider of European BIN sponsorship and modular payment, debit, credit and prepaid services, reveals that it has experienced 380% growth in settlement volumes (EUR €) “from 2017/18 to 2020/21 across its expanding client base.” As mentioned in an update shared with… Read More

Impact-led Fintech Cogo Secures $20M via Series A, Ahead of COP26 UN Climate Summit

Carbon footprint tracking firm Cogo has completed a $20 million Series A round, which has been announced just a few weeks ahead of the COP26 UN climate summit. The impact-led Fintech firm has reportedly entered strategic partnerships with major banking institutions, which came ahead of… Read More

UK’s Accelar Establishes Impact Hub to Promote Nature-Positive Project Investment

Accelar has introduced a Nature Finance Impact Hub, which aims to boost market confidence in nature-positive initiatives, by isolating their key financial and environmental benefits. A strategy and sustainability consultancy, Accelar’s main business and goal is to assist with promoting the clean growth transition by… Read More

London based Fintech VALK Surges to $4B in Deals via Platform During Past Year

Over 70 financial institutions have reportedly worked with Valk‘s digital transaction and tokenization platform this year. Private market digital platform VALK says that it is “building for expansion after achieving over $4 billion in assets and deals managed on its platform in a year” as… Read More

Bond Financial Technologies, Inc. Expands Into Embedded Credit

Bond Financial Technologies, Inc., the enterprise-grade platform for embedded finance, announces the availability of its new product, Bond Embedded Credit. Clients are able to build and deploy personalized credit products via a single integration, including underwriting, risk management, servicing, and compliance. Embedded Credit, along with… Read More

Barclays to Enhance Compliance with Assistance from Regtech Firm Clausematch

Barclays has introduced automated policy management and compliance tech from Regtech firm Clausematch to 90,000 workers across the globe. We're excited to share that @Clausematch #PolicyPortal is now streamlining compliance for all @Barclays employees globally! The rollout of the Portal is the culmination of a… Read More

Ramping Up Investor Protection: UK FCA Calls for Greater Regulatory Authority

The UK Financial Conduct Authority (FCA) has issued a statement to expand its oversight to cover “paid for advertising and user-generated content.” The securities regulator asks that the Online Safety bill should designate content relating to fraud offenses as priority illegal content and thus require… Read More

Financial App Provider Updraft Secures £72M in Equity and Debit to Support UK Expansion

Updraft, the financial app provider, has confirmed its largest investment round, securing  £72 million in equity and debt, in order to support its expansion and assist more UK consumers on a  path to attaining financial independence. The investment round has been led by NatWest, which… Read More

Payments Fintech Square Introduces Subscription based Tools for UK based Companies

Financial services and digital payments company Square, Inc. (NYSE: SQ) has introduced subscription-based tools in the United Kingdom — Square Marketing and Square Loyalty — in order to help companies with expanding their sales. Following the announcement, shares of the firm appreciated marginally on Wednesday… Read More

Open Banking Firm Plaid and Currencycloud Partner on Global Currencies

Plaid, a top open banking platform, and Currencycloud, a multi-currency transfers Fintech, have agreed to a strategic partnership, according to a release. The collaboration between the two firms is expected to deliver new joint solutions to make it easier for firms in the UK, including… Read More

Virgin Money Enters Climate Change Agreement with Hometrack

Virgin Money has reportedly entered a contract with Hometrack in order to gain insight into the potential impact of climate change on its portfolio. Building on their business relationship, Virgin Money will aim to benefit from Hometrack’s Climate Change Risk analysis, which is offered via… Read More

Over £65M Returned to Investors by UK’s Prime Property Finance Platform CapitalRise

Dedicated prime property investment platform CapitalRise announced on October 19, 2021 that it has now returned £66m in capital and returns to investors, “maintaining its unblemished track record of no investment losses or investment defaults since inception.” Of the total £66 million in redemptions, over… Read More

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