Tagged: united kingdom

May 22, 2023 @ 8:29 am By JD Alois  |  

CrowdProperty has announced it has increased rates paid to investors to a range of 8% to 9%. The announcement is being made following the recent move by the Bank of England, which increased benchmark rates to 4.5%. The rates paid to investors are on both… Read More

May 22, 2023 @ 8:05 am By Omar Faridi  |  

Starling Bank customers can now organize their salary payments across their account. The new feature, called ‘Split payment’, allows customers “to decide how much of an inbound payment, such as their salary, to put away and where, including their saving Spaces, joint accounts, additional accounts… Read More

May 21, 2023 @ 10:30 pm By Omar Faridi  |  

AltTab Capital, the cryptocurrency and digital assets hedge fund company, announces the launch of an office in London, UK, which will allow it to expand its network of international Professional Investors and other partners. AltTab Capital was “founded as an investment company in North America… Read More

May 21, 2023 @ 1:40 pm By JD Alois  |  

Crowdcube’s Next Unicorn project has narrowed the number of companies down to 20. As the name explains, the project is to uncover the next company to be worth over one billion dollars. As was previously reported, BrewDog co-founder James Watt is working with Crowdcube on… Read More

May 21, 2023 @ 12:00 pm By Omar Faridi  |  

GoCardless, a global firm focused on direct bank payments, has partnered with Bluefort, an independent software vendor and Microsoft solutions partner, in order “to offer a simple way for businesses to manage their billing, payments and accounting directly within Dynamics 365.” The newly launched GoCardless… Read More

May 21, 2023 @ 9:18 am By Omar Faridi  |  

Analysis from online pension provider, PensionBee, reveals that pension savers put significantly more money “aside for their retirement at the start of 2023 than they did in the latter part of 2022, despite persistent levels of high inflation.” The average quarterly contribution amount “for female… Read More

May 20, 2023 @ 10:34 am By Omar Faridi  |  

MerQube UK Limited, a key player focused on the development of technology for indexing and rules-based investing, announces that it has been authorized by the UK’s Financial Conduct Authority (FCA) “to carry on the regulated activity of administering benchmarks under Article 34 of the Regulation… Read More

May 20, 2023 @ 7:30 am By Omar Faridi  |  

Delta Capita, the Financial Services division of Prytek, a global Capital Markets consulting, managed services and technology provider has welcomed Julian Chesser as its new Regional Head of APAC who will be based in Singapore. In this role, Julian will be “responsible for leading all… Read More

May 19, 2023 @ 12:48 pm By Omar Faridi  |  

Fintech firm Revolut has introduced multi-currency business accounts in Australia and signaled its intention to acquire a banking license in the country. The new business account allows companies to exchange as much as A$75,000 per month, with head of Revolut Business James Gibson revealing to… Read More

May 18, 2023 @ 7:23 am By JD Alois  |  

Digital asset industry participants are pushing back against the Parliament Treasury Committee’s report on crypto that declared the asset class should be treated like gambling. The statement was predicated on the opinion that many cryptocurrencies hold no intrinsic value – except for speculation. The Chair… Read More

May 17, 2023 @ 11:29 pm By Omar Faridi  |  

Fabrick, a European leader in ‘Open Finance’, announces today the acquisition of Judopay, a UK-based mobile payments company. This deal will allow Fabrick’s Payment Orchestra “to benefit from Judopay’s innovation expertise in digital commerce.” Together, they will “define new models and standards to provide smoother… Read More

May 17, 2023 @ 5:19 pm By JD Alois  |  

This morning, a Parliament Treasury Committee issued a report that was highly critical of crypto, announcing that it believes this sector should be regulated similarly to gambling. The Committee said many digital assets have no intrinsic value, creating unecessary risk for UK investors. Today, Innovate… Read More

May 17, 2023 @ 10:47 am By JD Alois  |  

CapitalRise, a specialist prime property finance company, has provided £7.4 million for a loan to develop two detached properties totaling 17,490 sq. ft on a private 15-acre plot of land in affluent Marlow. CapitalRise adds that the property will include leisure facilities such as a… Read More

May 17, 2023 @ 8:27 am By Omar Faridi  |  

Standard Chartered (LON: STAN) and one of the “largest” merchant acquirers, Worldpay from FIS, have announced a strategic partnership “to expand the market coverage of, and enable new capabilities on, Straight2Bank Pay, the Bank’s one-stop digital collections gateway for merchants.” This global partnership is considered… Read More

May 17, 2023 @ 8:22 am By Omar Faridi  |  

Smart, the London-headquartered fintech transforming the global retirement savings market, today announces it has closed its $95m Series E funding in a round led by Aquiline Capital Partners LLC, a private investment firm based in New York and London. Existing investors participating in the investment… Read More

May 16, 2023 @ 11:01 pm By JD Alois  |  

CryptoUK, a UK-based advocacy group supporting digital asset innovation, has slammed comments made by the UK Treasury Committee that has been reviewing the crypto industry in the country. CryptoUK criticized the statement that denigrated digital asset markets, with the Committee describing crypto as follows: “Unbacked… Read More

May 16, 2023 @ 10:35 pm By Omar Faridi  |  

Debitum partners from Poland and UK – financing company Flexidea Polska and Triple Dragon – have released 3 new ABS programs. Debitum is “a digital debt marketplace that aggregates business loans from SMEs across Europe for diversified investment.” Debitum enables investors “to access an alternative… Read More

May 15, 2023 @ 8:59 am By Omar Faridi  |  

Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK. Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of… Read More

May 13, 2023 @ 2:41 pm By Omar Faridi  |  

LendInvest PLC (AIM: LINV) has revealed that BNP Paribas SA joined its £300 million financing syndicate with HSBC Holdings PLC and Barclays PLC in order to support the ongoing growth of its short-term mortgages. LendInvest is a London-headquartered  non-bank mortgage lender, and BNP Paribas is… Read More

May 12, 2023 @ 5:17 pm By Omar Faridi  |  

Aspiring homeowners can improve their chances of getting on the housing ladder thanks to Open Banking and “to extra evidence of a borrower’s good financial track record being factored into mortgage checks by a leading lender.” Leeds Building Society has reportedly “become the first UK… Read More