Tagged: united kingdom

December 19, 2021 @ 10:58 pm By Omar Faridi  |  

The British Business Bank has announced an increase to business lender Simply’s ENABLE Funding facility. In total, the facility will reportedly offer £300 million of funding to SMEs across the United Kingdom. This is notably the largest facility under the British Business Bank’s ENABLE Funding… Read More

December 19, 2021 @ 10:46 pm By Omar Faridi  |  

HERMESNET, which aims to automate a manual legacy in private equity (PE), has acquired 96% (£145,211) of its £150,000 fundraising target from 107 investors. HERMESNET has secured capital via its crowdfunding campaign being carried out through Crowdcube (with 24 days left in the sale at… Read More

December 19, 2021 @ 10:41 pm By Omar Faridi  |  

DeadHappy, which is the “home of the deathwish” and changing attitudes to death… “one deathwish at a time,” has secured 104% (£5,326,640 from 443 investors) of its £5,100,007 target with 24 days left in its crowdfunding campaign being carried out via Seedrs. Based in Leicester,… Read More

December 19, 2021 @ 9:50 pm By Omar Faridi  |  

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

December 19, 2021 @ 11:43 am By Omar Faridi  |  

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 17, 2021 @ 11:00 am By Omar Faridi  |  

Flywire Corporation (Nasdaq: FLYW), an international payments enablement and software company, has announced that it has acquired WPM, a software provider that enables secure payment experiences for universities and colleges across the UK. As mentioned in the announcement, the acquisition will build on Flywire’s education… Read More

December 17, 2021 @ 10:40 am By JD Alois  |  

Plaid, a leading open banking platform, has published a blog post that reflects on 2021 while providing some insight into their expectation for 2022. Authored by Keith Grose, GM of International at Plaid in London, explained that Fintech’s disruptive capacity is far beyond financial services…. Read More

December 17, 2021 @ 10:13 am By Omar Faridi  |  

Nationwide, one of the world’s largest building societies, has reportedly moved its member website to Microsoft Azure. The move, which was designed, built and released by Nationwide’s Cloud team with assistance from digital transformation consultancy Contino, aims to improve the robust security features of the… Read More

December 16, 2021 @ 7:52 am By Omar Faridi  |  

Twig, the London-headquartered Fintech firm that’s bridging the gap between finance and re-sale, has shared its inaugural whitepaper which highlights “the new way in which Gen Z are consuming, based upon a total cost of ownership and a commitment to a sustainable lifestyle.” As mentioned… Read More

December 15, 2021 @ 12:15 pm By JD Alois  |  

Assetz Capital, a peer-to-peer lending platform for secured loans, says it has provided a £1.3 million loan to Amor Homes Ltd to complete its luxury development in Cheshire. Assetz Capital states that having built four luxurious homes in South Cheshire the developers are now exiting… Read More

December 15, 2021 @ 9:08 am By JD Alois  |  

The UK Advertising Standards Authority (ASA) has upheld multiple bans on crypto-asset promotions today. The impacted firms include Coinbase Europe, CoinBurp, Lumo Money, Exmo Exchange, Papa John’s, Payward/Kraken, and eToro. In regards to Coinbase, four issues were investigated with each being upheld by the regulator…. Read More

December 15, 2021 @ 8:36 am By JD Alois  |  

Last week, there was a hearing at Parliament that tackled some of the challenges to growing the Fintech ecosystem in the UK – a strategic sector of great importance for the country. The UK has long been a top Fintech global hub. Brexit, policy inertia,… Read More

December 14, 2021 @ 9:48 pm By Omar Faridi  |  

Artesian : DueDil is pleased to confirm that it has teamed up with TechLabs London, a Microsoft Tier 1 Direct Cloud Solutions Provider. As mentioned in the announcement, this partnership will aim to provide seamless integrations between Artesian: DueDil and Microsoft Dynamics 365, enabling banking… Read More

December 14, 2021 @ 9:24 am By JD Alois  |  

Payments provider Wirex has announced a non-custodial digital Wallet. In a release, Wirex said that it believes their cross-chain, keyless, Wallet will “finally break down the barriers to mainstream adoption.” Wirex said the wallet is available now on the App stores. The Wirex wallet will… Read More

December 14, 2021 @ 8:59 am By Omar Faridi  |  

British bank NatWest has reportedly been fined £264.8 million (appr. $354.30 million) on Monday (December 14, 2021) for failing to comply with appropriate money laundering regulations in a case that marked the first time that the United Kingdom’s financial regulators pursued criminal charges for these… Read More

December 14, 2021 @ 12:55 am By Omar Faridi  |  

The Pret Foundation has teamed up with Contactless Giving Week this December in order to raise awareness and support cashless fundraising for their ongoing work towards breaking the cycle of homelessness. Earlier in 2021, more than 40 Pret shops had been fitted with GoodBox contactless… Read More

December 14, 2021 @ 12:27 am By Omar Faridi  |  

TripActions, the comprehensive travel, corporate card, and expense management solution, has announced the launch of TripActions LiquidTM in Europe. Through its partnership with Stripe, TripActions Liquid claims to be “the first — and only — Fintech-powered travel and expense management offering that can support card… Read More

December 13, 2021 @ 3:34 pm By Omar Faridi  |  

Locket, which offers technologically-advanced, prevention-first home insurance, has acquired 145% (£1,090,635) of its £750,000 target with 4 days left (at the time of writing) in its crowdfunding campaign carried out via Seedrs. It was previously reported that Locket hit its initial funding target in just… Read More

December 13, 2021 @ 10:38 am By JD Alois  |  

Genesis Custody Limited has been authorized by the UK Financial Conduct Authority (FCA) as a Registered Cryptoasset Business. Genesis is a digital currency prime brokerage. Genesis Custody provides multi-asset cold storage for full custody of client assets. Genisis states that clients’ private keys are fully… Read More