Tagged: united kingdom

January 3, 2022 @ 10:04 am By Omar Faridi  |  

During a speech delivered earlier this month, Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the UK’s Financial Conduct Authority (FCA), went over the remaining actions companies must take, as the end of the year, when “the majority of LIBOR… Read More

January 3, 2022 @ 5:01 am By Omar Faridi  |  

Ham Serunjogi, Co-Founder & CEO at Chipper Cash, a venture-capital-backed Fintech firm that creates software to enable free and instant peer-to-peer cross-border payments, and solutions for businesses to handle online and in-store payments, notes that when him and Maijid and started Chipper Cash in 2018,… Read More

January 3, 2022 @ 1:43 am By Omar Faridi  |  

LTD.INC, a curated platform that teams up with various artists, creators, and brands to launch rare physical and digital NFT collections and experiences via the Ethereum (ETH) blockchain and the latest NFT tech, has announced the “upcoming launch of its Web 3.0 platform and mobile… Read More

January 2, 2022 @ 1:01 pm By Omar Faridi  |  

The team at London-based Fintech LiveFlow is pleased to share that they have launched a new feature which they think you’ll really love: “Drill down into your reports.” As explained in a blog post by LiveFlow, this feature allows clients to “drill into [their] financial… Read More

January 2, 2022 @ 5:37 am By Omar Faridi  |  

The team at WorldRemit, a UK-based digital cross-border payments firm, has shared ways to send money to people who don’t have a bank account. WorldRemit writes in a blog post that for many of us, having a bank account is “an everyday thing.” And yet,… Read More

January 2, 2022 @ 4:40 am By Omar Faridi  |  

Kuflink, a P2P UK property investment platform, where they invest with you,  introduced new features and improvements to their platform throughout 2021, doing their best to make your Kuflink experience is “as efficient, and as easy, as possible,” the company wrote in a blog post…. Read More

January 2, 2022 @ 3:38 am By Omar Faridi  |  

UK’s online pension provider PensionBee notes that their clients take the lead on their product development. During the past few years, many clients have become “increasingly vocal about their desire to address some of the world’s biggest problems, such as climate change, through their investments,”… Read More

December 31, 2021 @ 10:17 am By Omar Faridi  |  

Virgin Money is teaming up with the Purpose Coalition on a Levelling Up Impact Report, “setting out its contribution to the levelling up agenda in the UK.” The Levelling Up Impact Report will aim to “highlight the work” Virgin Money is currently undertaking to create… Read More

December 30, 2021 @ 11:10 am By Omar Faridi  |  

Earlier this month, the team at digital bank Zopa made an important update regarding the future of their peer-to-peer business. After 16 years of handling P2P investments at Zopa, the team has taken the decision to close down their retail investing business (something similar to… Read More

December 30, 2021 @ 9:01 am By Omar Faridi  |  

Freetrade‘s Head of People, Amy Gilman, has reflected on a “big” 2021 and an “even bigger” 2022. Gilman writes in a blog post that 2021 has been “an incredible year of growth for Freetrade.” She added that whether that’s growth to “over 1 million registered… Read More

December 30, 2021 @ 8:52 am By Omar Faridi  |  

On 21 December 2021, a special administration order was reportedly made by the Court in relation to Viola Money “under the Payment and Electronic Money Institution Insolvency Regulations 2021.” The Viola Money website explains its service as follows: Since 2012, we have been providing simple,… Read More

December 30, 2021 @ 1:12 am By Omar Faridi  |  

The team at LendInvest, a leading digital financing platform for the UK market, has commented on the importance of rates and technology, as part of their preview of 2022. LendInvest Sales Director Leanne Smith notes that in her role (as sales director for their internal… Read More

December 29, 2021 @ 11:17 pm By Omar Faridi  |  

Fintech firm Monzo notes that you can now choose to set your contactless spending limits “to levels you’re comfortable with.” Or you may choose to turn contactless off completely if you want to, the team at Monzo writes in a blog post. In October 2021,… Read More

December 29, 2021 @ 3:55 pm By Omar Faridi  |  

Anil Stocker, CEO at UK-based MarketFinance, a leading online lender that raised £280 million in debt and equity (earlier this year) and was approved for flex loans, notes that for most businesses in the United Kingdom, 2021 presented both opportunities and challenges (and that was… Read More

December 29, 2021 @ 2:45 pm By Omar Faridi  |  

Ruby Datum, which aims to be a platform with a “credible” reputation for being intuitive, resilient, and rapid for collaboration, has raised 76% (£114,456) of its £150,000 target from 131 investors through its crowdfunding campaign via Crowdcube (with 16 days left in the campaign at… Read More

December 29, 2021 @ 10:56 am By Omar Faridi  |  

Nicholas Harding, Co-founder and CEO at Lending Works, noted that he established the firm with help from Matthew Powell,  Co-founder and CFO, back in 2014. Harding explains that they believed that technology could “transform customer experience in financial services.” Their aim was to “deliver this… Read More

December 29, 2021 @ 9:25 am By Omar Faridi  |  

The team at Molo Finance has shared some notable buy-to-let hotspots in 2022. According to Molo Finance, which focuses on reimagining mortgages, buy to let continues to be a “popular way for people to invest their money.” And as we get ready to enter a… Read More

December 28, 2021 @ 8:12 am By Omar Faridi  |  

The UK’s Nationwide House Price Index reveals that the price of a “typical” home in the country grew by 10% YoY in November, which is a just bit higher than the 9.9% recorded in October 2021 (on a monthly basis, prices surged by 0.9%, up… Read More

December 28, 2021 @ 4:25 am By Omar Faridi  |  

UK’s digital banking platform Starling Bank has provided some end-of-year updates. As we look ahead to 2022, Starling Bank notes that diversity is at “the heart” of their company. They believe that “regardless of who you are, it is your knowledge, skills and experience that matter.”… Read More

December 28, 2021 @ 1:05 am By Omar Faridi  |  

Stryve, which is focused on the “future of work” by leveraging automation, has secured 122% (£244,072) of its £200,000 target from 168 investors via Crowdcube with 25 days left in its crowdfunding campaign (at the time of writing). As explained in the update, Stryve’s ‘Talent… Read More