Tagged: united kingdom

May 12, 2022 @ 9:17 pm By Omar Faridi  |  

Starling Bank, the digital bank, has reportedly doubled the size of its Cardiff office and “created hundreds of new jobs as its growth continues.” 868 employees are based in the region, “a 117% increase on the bank’s original 2020 pledge to hire 400.” As mentioned… Read More

May 12, 2022 @ 3:33 pm By Omar Faridi  |  

In the United Kingdom, the general population has become “far more accustomed to the use of QR codes, with the requirement of NHS Test and Trace check-ins in public spaces,” according to an update from Juniper Research. The report from Juniper notes that this  method… Read More

May 12, 2022 @ 1:14 am By Omar Faridi  |  

Metro Bank has introduced its second startup collab program, Metro Bank Magic Makers. Drawing on the success of the first program carried out in partnership with L Marks, Metro Bank is now looking for innovative solutions that will further enhance customer experience. Last year, Metro… Read More

May 11, 2022 @ 9:35 pm By Omar Faridi  |  

FIA Tech, the futures industry’s technology provider, recently announced that it has established a new client services and operations center based in Tampa, Florida. FIA Tech’s customer services team is the main interface for FIA Tech’s international client base and is tasked with the onboarding… Read More

May 11, 2022 @ 11:15 am By Omar Faridi  |  

Paddle, the provider of a complete payments infrastructure for SaaS firms, recently announced that it has raised $200 million in Series D equity and debt financing “at a valuation of $1.4bn, making it the UK’s latest unicorn.” Led by KKR, an international investment firm, with… Read More

May 11, 2022 @ 7:55 am By Omar Faridi  |  

Tumelo, a UK-based firm that aims to help investment platforms and pension providers give investors key insights into which companies their money is being put into, and a voice on issues like board diversity and climate change, has acquired $19 million in capital. The Series… Read More

May 10, 2022 @ 11:14 pm By Omar Faridi  |  

HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies, an international tech firm, has entered an agreement for the acquisition of Confinale AG, a Switzerland-headquartered virtual banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Via this key acquisition, HCL will… Read More

May 10, 2022 @ 1:44 pm By Omar Faridi  |  

Global information and insights provider TransUnion has reportedly appointed Amanda Rendle to its UK board as a non-executive director. Rendle brings considerable experience in marketing and communications spanning four decades, with extensive expertise in financial services. Rendle has previously led an established customer engagement program… Read More

May 10, 2022 @ 8:16 am By Omar Faridi  |  

Residently, which is focused on “building the brand” for the world’s $2 trillion long term home rental market, has acquired 161% (£2,015,460) of its £1,250,000 target from 481 investors through its crowdfunding campaign carried out via Seedrs (at the time of writing). Located in London,… Read More

May 9, 2022 @ 2:49 pm By Omar Faridi  |  

Flagstone, the United Kingdom’s Cash Deposit Platform, has announced the addition of two non-executive directors to its Board of Directors. The additions, designed to increase the depth of experience on the board, also “reflect the company’s commitment to ensure diversity of thought is encouraged across… Read More

May 9, 2022 @ 9:15 am By JD Alois  |  

LedgerEdge has announced a regulated bond trading platform that utilizes distributed ledger technology (DLT or blockchain). LedgerEdge has selected Corda’s R3 permissioned blockchain to power the trading platform. LedgerEdge shares that it is targeting the $41 trillion global corporate bond market, much of which is… Read More

May 9, 2022 @ 8:12 am By Omar Faridi  |  

Build to Rent (BTR) developments are “exactly” as they sound: purpose-built residential units designed “to be rented out rather than sold,” the CrowdProperty team notes. In most cases, these schemes usually “offer longer tenancy terms and are managed by the owner or operator of the… Read More

May 8, 2022 @ 6:04 pm By Omar Faridi  |  

Moved by the “plight” of Ukrainian refugees and “inspired” by the efforts of colleagues in Poland, VikingCloud, (previously dba Sysnet), a provider of cybersecurity and compliance solutions, has “joined forces with UNHCR, the UN Refugee Agency.” VikingCloud has pledged “to match donations made via the… Read More

May 7, 2022 @ 2:37 pm By Omar Faridi  |  

GoCardless, which claims to be a leader in direct bank payment solutions, has announced the appointment of Paul Stoddart as President. Stoddart joins from Mastercard where he “was President of its New Payment Platforms, Executive Chairman of Vocalink and a Member of the Mastercard Management… Read More

May 7, 2022 @ 1:35 pm By Omar Faridi  |  

NatWest Group has entered agreements with three payment providers – TrueLayer, GoCardless and Crezco – in order to offer Variable Recurring Payments (VRP) as “a new and convenient payment option for businesses and consumers.” This “industry first” means that NatWest Group will be the first… Read More

May 6, 2022 @ 11:35 am By JD Alois  |  

Brickowner, a property investment platform, has revamped with a new and improved offering for its investors. Launched in 2017, Brickowner says it wants to enable investments in minutes – not weeks. The Proptech provides a full-stack service for developers, fund managers as well as property investors…. Read More

May 6, 2022 @ 9:48 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has distributed a Dear CEO letter to firms pitching credit in relation to their potentially misleading advertising. The FCA states that it has issued almost 28,000 consumer credit firms warning them not to use terms such as “no credit… Read More

May 6, 2022 @ 9:09 am By JD Alois  |  

Maydan Capital, a marketplace for vetted private securities offerings, has completed its first successful financing round for Netherlands-based Fairnance. UK-based Maydan Capital is an equity-focused private placement platform for early-stage and growth companies. The platform connects retail, accredited, and sophisticated investors directly to vetted equity… Read More

May 6, 2022 @ 8:09 am By Omar Faridi  |  

The small business lending market has has reportedly returned to pre-pandemic levels of activity. This, according to nearly a third of brokers (30%) surveyed in iwoca’s latest SME Expert Index. And nearly another third (31%) believe the market will “return within 6 months, based on… Read More

May 5, 2022 @ 11:45 pm By Omar Faridi  |  

Transact365, a UK-headquartered global payments platform powering merchants in emerging markets, has appointed David Lambert as its new Chief Executive Officer. An original co-founder and former Commercial Director at Transact365, Lambert will be responsible for overseeing the Fintech firm’s expanding merchant client base and card… Read More