Tagged: united kingdom

February 5, 2022 @ 5:22 pm By Omar Faridi  |  

HM Treasury, which is the UK government’s economic and finance ministry (maintaining control over public spending, setting the direction of the nation’s economic policy and working to achieve strong and sustainable economic growth), announced that they have begun the search for a new Chairperson of… Read More

February 5, 2022 @ 1:07 am By Omar Faridi  |  

London-headquartered Fintech Fiat Republic recently announced that it has acquired $3.5 million in seed funding from EU tech investors Speedinvest, Seedcamp, and Credo. The startup, which is building a compliance-first, e-money-regulated banking and payments API, is looking to “drastically reduce the time and cost of… Read More

February 4, 2022 @ 3:45 pm By Omar Faridi  |  

LemonEdge, a modern, low-code accounting platform supporting the private capital industry, has finalized a $4 million round, which was led by Blackstone Innovation Investments along with contributions from existing investors Sidekick Partners, Lauren Iaslovits (co-founder of Investran and a pioneer of private capital market tech)… Read More

February 4, 2022 @ 9:09 am By Omar Faridi  |  

European Fintech iwoca reports that small business owners are feeling confident about “taking on larger amounts of finance” in order to support their growth objectives this year. iwoca’s quarterly SME Expert Index (the source of these findings) is reportedly based on key insights from UK… Read More

February 3, 2022 @ 12:11 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and global payments platform, has announced that the company is expanding its peer-to-peer money transfer services internationally. Via the implementation of Visa Direct, a real-time push payment platform, Paysend’s U.S. clients can send money to eligible Visa cards in 107 countries… Read More

February 3, 2022 @ 10:22 am By Omar Faridi  |  

Fast-growing enterprise adoption of business finance technology has helped Sonovate to report “record” funding volume in December of last year, “capping an overall record-breaking year for the UK lender.” Sonovate, a Fintech lender that offers finance and tech services to businesses that engage contractors and… Read More

February 3, 2022 @ 9:04 am By Omar Faridi  |  

TrueLayer, which is one of Europe’s Open Banking platforms, has announced its expanding operations into Sweden with the appointment of ex- Adyen executive Karl Hagner as its Country Manager. An experienced commercial manager, with a sharp focus on payments in digital commerce, Stockholm’s Karl will… Read More

February 3, 2022 @ 3:35 am By JD Alois  |  

Today, most all drivers cannot imagine living with Google or Apple Maps. Those days of paper maps and handwritten directions were not that long ago. But now we have a company that is aiming to do the same thing for boating and it is raising… Read More

February 2, 2022 @ 11:30 pm By Omar Faridi  |  

Royal Park Partners, which claims to be one of the leading financial advisors to the Fintech sector, recently announced that it is expanding its leadership team following a year of steady growth. Abhimanyu Toor and John Clark will reportedly join co-founder Aman Behzad as Managing… Read More

February 2, 2022 @ 8:43 am By Omar Faridi  |  

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

February 1, 2022 @ 8:05 am By Omar Faridi  |  

Leaving the Coronavirus outbreak to one side, the BTL sector is in “good health,” according to an update from Landbay. The value of the private rented sector (PRS) in England, Wales and Scotland surged by 5.8% to £1.4 trillion during the past year, according to… Read More

January 31, 2022 @ 3:12 pm By Omar Faridi  |  

Embedded finance experiences platform Railsbank has driven a stake into the Buy Now Pay Later (BNPL) market by “giving retailers a greater share of the spoils.” Current BNPL providers brand their own offerings which “take the customer away from the original retailer’s website and onto… Read More

January 31, 2022 @ 10:55 am By JD Alois  |  

Open banking infrastructure provider Yapily says that open banking is a top priority for UK banks. According to Yapily’s research, UK banks continue to invest in open banking and API response times in the UK, by the top 10 traditional banks, have improved response speeds… Read More

January 31, 2022 @ 10:03 am By JD Alois  |  

Property crowdfunding platform CrowdProperty has announced that Sarah Cooper has joined its firm as Head of Developer Support. Cooper was previously at the financial services firm Wesleyan, where she was responsible for customer experience improvements and operational management initiatives as Customer Operations Change Lead. Damon… Read More

January 30, 2022 @ 9:15 pm By Omar Faridi  |  

The team at UK’s investment platform, easyMoney, notes that you need not look too hard to find updates about how the Covid-19 crisis has negatively affected the lives of young people. The younger generation has been among the hardest hit in many ways, according to… Read More

January 29, 2022 @ 12:51 pm By Omar Faridi  |  

Techstars, an international investment business that offers access to capital, one-on-one mentorship opportunities, and customized programming for early-stage business owners, has appointed Saalim Chowdhury as MD of Techstars London. He follows predecessor Eamonn Carey. Previously a Partner at 500 Startups, Chowdhury will be responsible for… Read More

January 29, 2022 @ 12:41 pm By Omar Faridi  |  

The sustainable development goal-linked investment app Etcho reports that it has finalized its pre-seed round, by securing £279,000 from angel investors via Crowdcube. Linking to the United Nation’s 17 SDGs, the Fintech app from Etcho enables users to select the goals they are most passionate… Read More

January 28, 2022 @ 6:18 pm By Omar Faridi  |  

CurveGlobal Markets is closing its digital or online platform for the last time on Friday, January 28, 2022 – after more than 5 years of operations. As a reminder to those few position holders – your positions will all be cash-settled post close on Friday… Read More

January 28, 2022 @ 5:58 pm By Omar Faridi  |  

NatWest Group, the banking and financial services organization that serves around 19 million UK clients, has reportedly become the first major banking institution to sign-up and support the Good Business Pays campaign. NatWest Group is one of the largest business and commercial banks in the… Read More

January 28, 2022 @ 12:51 pm By Omar Faridi  |  

Automobile dealership JCT600 has reportedly become the first retailer in the UK to use Lloyds’ PayFrom Bank account-to-account payment solution, displacing plastic cards at the online checkout. Introduced in July 2021, PayFrom Bank brings together Mastercard’s Payment Gateway capabilities/functionality and its Open Banking Connect platform… Read More