Tagged: united kingdom

December 1, 2021 @ 7:59 am By Omar Faridi  |  

The Bank of London has launched as the 6th principal clearing bank of the United Kingdom  with a mission to “lift communities and power the borderless economic infrastructure of the future.” Led by an executive team of industry pioneers and a board of international leaders,… Read More

December 1, 2021 @ 7:56 am By Omar Faridi  |  

The Co-operative Bank has reportedly invested £500,000 in Manchester-headquartered Fintech platform Bankifi as part of a large co-development deal. BankiFi is “putting banks at the heart of business.” As noted by its management: “BankiFi is a technology platform designed to make business banking better, enabling… Read More

November 30, 2021 @ 8:07 pm By Omar Faridi  |  

London’s Clear Junction has announced that it’s offering solutions to Paynet which aim to support its vision for cross-border payments services from European markets into Moldova. Paynet is reportedly the first digital wallet platform operating in Moldova. It runs one of the most extensive payments… Read More

November 30, 2021 @ 7:54 pm By Omar Faridi  |  

DNA Payments Group, an independent, vertically-integrated omnichannel payments platform operating in the United Kingdom and the EU, is pleased to confirm the appointments of Lloyd Hutchinson as the Group’s Chief Commercial Officer and Andras Mecser as Chief Financial Officer. A graduate of the University of… Read More

November 30, 2021 @ 8:19 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 29) that for the week ending November 26,… Read More

November 30, 2021 @ 8:15 am By Omar Faridi  |  

AJ Bell will be making investing a Dodl with the introduction of an easy-to-use, commission-free mobile app. The new, app-only investment platform called Dodl by AJ Bell will feature the following: Annual charge of 0.15% Purchase/sell investments with no commission Complete range of tax wrappers… Read More

November 29, 2021 @ 9:23 pm By Omar Faridi  |  

Laleta Buctkuar notes that she recently joined UK’s Assetz Capital in June of this year, “specifically to focus on bridging products and distribution.” Laleta shared that she began working in financial services more than 20 years ago. Laleta also noted that she had a part-time… Read More

November 29, 2021 @ 2:06 pm By Omar Faridi  |  

Rnwl, a platform planning to transform/improve the current buying and managing insurance process, has secured 184% (£276,448) of its £150,002 target from 304 investors (at the time of writing) with 23 days left in its crowdfunding campaign, carried out via Seedrs. Located in Cambridge, United… Read More

November 29, 2021 @ 11:26 am By Omar Faridi  |  

Boring Money, a company that helped 1 million consumers find the appropriate investment products and advice, has raised 124% (£2,237,469) of its £1,800,000 target from 671 investors (at the time of writing) with 2 days left in its crowdfunding campaign via Crowdcube. The company reports… Read More

November 29, 2021 @ 11:24 am By JD Alois  |  

The UK research firm Hardman & Co. has distributed a white paper that says investors are underweight venture capital. The research was published with the support of SyndicateRoom, Deepbridge, One Four Nine, and Nova Growth  Capital. Once a securities crowdfunding platform, SyndicateRoom now offers a… Read More

November 29, 2021 @ 9:45 am By JD Alois  |  

Bank North, a challenger bank that is digital-first with a unique strategy with physical operations, has hired Louise Halliwell as Head of Savings. Bank North recently completed a Series A funding round after receiving a Banking License (AWR (Authorised with Restrictions)) approved by the Financial Conduct… Read More

November 29, 2021 @ 9:16 am By JD Alois  |  

Paysend, a global payments Fintech, has selected former President Mastercard Europe, Javier Perez, to its Board of Directors. Paysend states that Perez will have an active role in its future business strategy, working closely with the company’s senior management team to drive further global expansion. Perez… Read More

November 29, 2021 @ 8:54 am By Omar Faridi  |  

The ability to establish and maintain trust with clients is the foundation of “every successful business,” according to UK-based Fintech Modulr. And, while customer trust might be one of the more “intangible” corporate assets, it’s one that can be “felt keenly on the bottom line,”… Read More

November 29, 2021 @ 7:50 am By Omar Faridi  |  

Cloud-native core banking solution provider, Thought Machine, has reportedly reached Unicorn status (valued at $1 billion+) following a $200 million Series C round that was joined by the investment divisions of some of its major banking clients, such as JPMorgan Chase, ING and Standard Chartered…. Read More

November 28, 2021 @ 11:53 pm By Omar Faridi  |  

Sweden’s Fintech Unicorn Klarna has seen its losses increase significantly during the first 9 months of this year, as costs surged considerably amid growing demand for flexible payment options like Buy Now, Pay Later (BNPL) services. The Stockholm-headquartered company is reporting a pre-tax loss of… Read More

November 28, 2021 @ 11:07 pm By Omar Faridi  |  

The Christmas buying season is currently underway for many of your company’s business customers, the MarketFinance team notes. UK-based MarketFinance, an established online lender that recently raised £280 million in debt and equity and was approved for flex loans, writes in a blog post that… Read More

November 28, 2021 @ 10:25 pm By Omar Faridi  |  

Future Planet Capital, an impact-led, global VC company launched to invest in high-growth firms the world’s leading universities and research centers, has raised 111% (£2,777,247) of its  £2,500,065 target from 412 investors (at the time of writing) via Seedrs with 24 days left in its… Read More

November 28, 2021 @ 8:49 pm By JD Alois  |  

  Judith Hartley, CEO of British Patient Capital, says the performance of UK venture capital is a notable success story during a challenging period for businesses across the world British Patient Capital is a wholly-owned commercial subsidiary of British Business Bank plc, the UK government’s… Read More

November 28, 2021 @ 2:43 pm By Omar Faridi  |  

UK-based digital bank Starling reveals that two-fifths of small businesses (43%) report that their performance is back to pre-COVID levels, with almost a third (30%) “stating they are performing better than they were in February 2020.” The research from Enterprise Nation and Starling Bank reveals… Read More

November 28, 2021 @ 12:02 pm By Omar Faridi  |  

ID Finance, which claims to be one of the fastest-growing Fintechs in Spain and Mexico, has raised 106% (€1,062,883) of its €1M fundraising target from 459 investors (at the time of writing) via Crowdcube with 3 days left in its crowdfunding campaign. After a record-setting… Read More