Tagged: united kingdom

February 14, 2023 @ 7:55 am By Omar Faridi  |  

Landytech is pleased to announce the completion of its Series A funding of $6m. The funding has been “raised primarily from Adelie Capital and Greenwood Way Capital, a number of family offices and financial influencers also participated in the funding round.” Landytech is a fintech… Read More

February 13, 2023 @ 11:37 am By Omar Faridi  |  

Archax, the first FCA-regulated digital securities exchange broker and custodian, announced a partnership with ScribeStar, the digital capital markets documentation and compliance platform, in order “to create a fully digital issuance and admissions experience for companies accessing the Archax markets.” Archax’s institutional-grade, regulated exchange and… Read More

February 13, 2023 @ 8:35 am By JD Alois  |  

Last week, the UK government revealed data that indicated that the economy delivered no growth during the 4th quarter of 2022 – barely evading a recession. As inflation continues to hit the economy hard, the news remains rather grim, and the next report could indicate… Read More

February 13, 2023 @ 6:20 am By Omar Faridi  |  

London-based, green Fintech ekko is gearing up for a year of “sustained growth.” The company revealed “a series of unique product updates, and has opened up its service to employers, banks and payment providers for the first time.” These announcements come ahead of “the imminent… Read More

February 10, 2023 @ 6:37 pm By Omar Faridi  |  

US Fintech Alloy has launched in the UK, strengthening its presence in EMEA “with key senior hires and office space in London.” Alloy‘s Identity Decisioning Platform “helps banks and fintech companies to make smarter and faster decisions about the risk profile of each customer, and… Read More

February 9, 2023 @ 10:59 pm By Omar Faridi  |  

The Bank of London, the “next-generation” technology company and the world’s first purpose-built global clearing, agency, and transaction bank, announced it has raised $40M, in an extension to its Series C funding, “bringing the company’s total raise to $160M.” This investment round follows The Bank… Read More

February 9, 2023 @ 10:53 am By JD Alois  |  

  Robinhood (NASDAQ:HOOD) revealed it has canceled the acquisition of Ziglu, a UK Fintech that opened the door to a new market. Ziglu holds an e-money license and is regulated by the UK Financial Conduct Authority. Ziglu provides crypto trading in the UK as well… Read More

February 8, 2023 @ 9:37 pm By Omar Faridi  |  

Billing Better, the UK bills management company, recently revealed that it has acquired Homebox, a utilities comparison and switching service. The two firms have been working together during the last few years, and this acquisition brings together the strengths of both businesses in order to… Read More

February 8, 2023 @ 9:22 am By JD Alois  |  

SyndicateRoom, an online investment platform, reports that portfolio company 10to8 has been acquired by Sign In Solutions. Deal terms were not revealed, but SyndicateRoom said that the exit was at a “positive multiple.” 10to8 is a time management, communication and meeting platform that aims to… Read More

February 8, 2023 @ 8:51 am By JD Alois  |  

Matrixport has had its UK wholly-owned subsidiary, Matrixport Advisors Limited, appointed as an Appointed Representative (AR) of Varramore Partners Limited (Varramore), which is authorized and regulated by the UK Financial Conduct Authority (FCA). The relationship allows Matrixport to conduct a range of investment-related activities in the UK…. Read More

February 8, 2023 @ 8:37 am By Omar Faridi  |  

iwoca is announcing the integration of its B2B payment solution iwocaPay with Quickbooks’ accounting software package – this makes it “the first invoice checkout integration with a BNPL option for businesses that integrate with QuickBooks.” Quickbooks supports UK businesses “with their accounting needs via a… Read More

February 7, 2023 @ 8:19 am By Omar Faridi  |  

Nucleus365, a UK-headquartered payment institution providing a centralized platform for international payment processing, FX, and connected banking, has introduced Rapid Transfer payment options for its European merchants. Rapid Transfer enables clients to pay merchants instantly using their online banking details, offering same-day settlements of funds…. Read More

February 7, 2023 @ 2:00 am By JD Alois  |  

Zilch, a UK-based payments Fintech, has announced a partnership with StepChange – a “debt advice charity.” According to Zilch, the collaboration with StepChange will make it the first provider of credit via buy now pay later  (BNPL) to fully integrate StepChange Direct into its platform…. Read More

February 6, 2023 @ 8:11 am By Omar Faridi  |  

The UK government has released proposals for regulation of the cryptocurrency industry in hopes of “stabilizing the market while diminishing the incentives for users to flock to offshore jurisdictions.” Perhaps one of the benefits of the post-FTX landscape is that regulators are now “urged to… Read More

February 5, 2023 @ 8:57 pm By Omar Faridi  |  

The Centre for Finance, Innovation and Technology (CFIT) has named Ezechi Britton MBE as its Chief Executive Officer. He will start the role in April 2023. Britton will work with Charlotte Crosswell (CFIT Chair) in order “to deliver on CFIT’s mission to support the next… Read More

February 3, 2023 @ 9:15 am By JD Alois  |  

Monzo, a top digital bank serving the UK and the US, has surpassed seven million customers, according to an investor update posted on the Monzo community forum. The post indicates that Monzo has been growing by 150,000 new account sign-ups each month, with 350,000 customers… Read More

February 3, 2023 @ 8:28 am By Omar Faridi  |  

Revolut, the global financial super app with 25 million retail customers worldwide, is launching a new “unparalleled” membership plan, Ultra, to customers in the UK and Europe. The new top-tier plan, boasting “exceptional” perks, is “coming in spring 2023.” New and existing customers are encouraged… Read More

February 3, 2023 @ 8:26 am By Omar Faridi  |  

iwoca reaches net profitability in Q4 2022 and experiences over 50% increase in the number of small and medium-sized businesses funded across the UK and Germany This comes as iwoca “increases its funding line with Pollen Street Capital from £125m to £170m.” The total number… Read More

February 2, 2023 @ 8:38 pm By Omar Faridi  |  

Quick and easy payouts trump all other factors for North American and U.K. online sports bettors when selecting a sportsbook, according to the latest All the ways players pay research from payments platform Paysafe (NYSE: PSFE). The report also “reveals the crucial role of the… Read More

February 2, 2023 @ 3:39 pm By Omar Faridi  |  

WooCommerce B2B stores can now easily add business buy now, pay later options within their eCommerce checkout thanks to the Kriya Payments plug-in. As our planet sets off on another orbit, it is natural for our minds “to gravitate towards a lull of self-reflection on… Read More