Tagged: united kingdom

November 2, 2021 @ 11:24 am By Omar Faridi  |  

ekko has introduced its eco-friendly debit card, app and ecosystem, which aims to empower clients with making a positive difference in an effort to combat the damaging effects of climate change. When using ekko for everyday or typical activities such as shopping, banking, or settling… Read More

November 2, 2021 @ 8:57 am By JD Alois  |  

Capital on Tap, a UK-based Fintech, has received a £450 million funding facility provided by Atalaya Capital Management, BNP Paribas, and HSBC. Capital on Tap is a finance provider for UK and US-based SMEs. Since 2012, Capital on Tap has provided over £3.5 billion of… Read More

November 2, 2021 @ 8:44 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, announced that it has completed its acquisition of German Fintech firm, viafintech, in an all-cash deal. viafintech, known under the brands of Barzahlen/viacash and viacash, provides bank-independent, payments infrastructure in the DACH region, “allowing a popular alternative to the… Read More

November 2, 2021 @ 7:52 am By Omar Faridi  |  

Small business owners are feeling “optimistic” about economic conditions for growth, according to iwoca’s quarterly SME Expert Index of UK brokers. The Index reveals that more than a third (35%) of brokers reported the “top motivator” for applying for unsecured finance was “to ‘grow the… Read More

November 1, 2021 @ 2:50 pm By Omar Faridi  |  

UK-headquartered digital bank Monzo notes that you can view all your scheduled and recurring payments in a single place within the Payments tab of your Monzo app. The team at Monzo writes in a blog post: “We know that tracking your future payments and ensuring… Read More

November 1, 2021 @ 11:24 am By JD Alois  |  

British Business Investments, a subsidiary of government-backed British Business Bank, has committed £30 Million to Mobeus Equity Partners, according to a note from the firm. The money will go into the Mobeus Equity Partners Fund V. Mobeus invests in smaller companies, to support their growth… Read More

November 1, 2021 @ 11:17 am By Omar Faridi  |  

The team at digital bank Revolut recently wished everyone a Happy Halloween. Revolut‘s management writes in a blog post that October’s new products are the “best treat you’ll get this year.” Boo!-k a stay and Earn Instant Cashback  Revolut notes that if you’ve been dreaming… Read More

November 1, 2021 @ 10:52 am By Omar Faridi  |  

UK-based Fintech firm Modulr notes that unless you’ve been living in a completely different digital dimension, you can’t have “failed to hear about the data breaches and high-profile phishing scams that have been hitting the recent headlines.” The team at Modulr writes in a blog… Read More

November 1, 2021 @ 7:35 am By Omar Faridi  |  

Maslife, an AI-enhanced app that assists you with improving your health, relax your mind and take control of your finances, has raised 84% (£845,172) of its £1,000,001 target from 90 investors via Seedrs. With 24 days left in the Maslife crowdfunding campaign, the UK-based company notes… Read More

October 31, 2021 @ 6:18 pm By Omar Faridi  |  

The Nationwide House Price Index (in the UK) reveals that the annual house price growth remained steady in double digits for the fifth straight month in September 2021. However, it eased back to 10.0% from 11.0% in August, the Blend Network team notes. The UK-based… Read More

October 30, 2021 @ 5:08 pm By Omar Faridi  |  

Abrdn (LON: ABDN) has reportedly acquired investing insights platform Finimize, a company that empowers retail investors to make informed investment-related decisions. Finimize has more than 1 million subscribers for its daily newsletter and approximately 40,000 premium subscribers. It aims to make investing more accessible and… Read More

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

LHV UK, the financial and payment services platform for Fintechs, is forming a partnership with Tuum, the modular Core banking platform providing back-end systems which aim to support transactional retail and business banking. Through the partnership, Tuum will aim to provide a single API-powered payments… Read More

October 28, 2021 @ 10:39 am By JD Alois  |  

BritYard, an online department store that exclusively offers unique British brands, is looking for growth capital on Seedrs. BritYard has set a funding target of £220,000 on a pre-money valuation of £1 million. Currently, BritYard has raised over £159,000 from 28 investors in the seed… Read More

October 28, 2021 @ 10:20 am By JD Alois  |  

LendInvest, a top digital financing platform for the UK market, has announced two senior hires to its Funds team. According to the Fintech,  Omega Poole is joining the firm as its new Head of Capital Raising and Robert Pritchard joining as its new Head of… Read More

October 28, 2021 @ 10:02 am By JD Alois  |  

PensionBee, a Fintech offering pension services, has integrated Plaid – a leading open banking provider. According to PensionBee, the partnership will expand the remit of Open Banking to include pensions, transforming the traditionally complex process. PensionBee previously offered open APIs but this will be an… Read More

October 28, 2021 @ 9:51 am By JD Alois  |  

Digital bank Zopa has agreed to power Tesco Bank’s online auto financing service. According to a note from Zopa, the partnership enables the Hire Purchase car finance online, helping customers to finance a car in as little as three minutes. Zopa notes there are around… Read More

October 28, 2021 @ 8:31 am By Omar Faridi  |  

Accenture (NYSE: ACN) has reportedly acquired BCS Consulting, a UK-based management consultancy that provides complex business change for financial services companies. With head offices in London, BCS Consulting’s 250 strong team joins Accenture’s U.K. Financial Services Strategy and Consulting practice, the announcement noted while adding… Read More

October 27, 2021 @ 12:40 pm By JD Alois  |  

“We are making this country a modern science and technology superpower,” Rishi Sunak, Chancellor of the Exchequer. The Autumn Budget 2021 was unveiled today as UK Chancellor of the Exchequer Rishi Sunak took the podium in Parliament to sell his vision. Once again, the Budget… Read More

October 26, 2021 @ 10:36 pm By JD Alois  |  

Tomorrow (Wednesday), the UK Chancellor of the Exchequer Rishi Sunik will provide an update on the government’s 2021 budget plans. HM Treasury has already revealed much information on its tax and spending plans. While the Chancellor will have more to share, a good outline of… Read More

October 25, 2021 @ 11:25 pm By JD Alois  |  

Crypterium, a crypto wallet app that reports more than 400,000 clients in over 170 countries, has been registered with the UK Financial Conduct Authority  (FCA) to provide services to UK customers. According to a release, this registration ensures that Crypterium can continue to provide its… Read More