Tagged: united kingdom

July 20, 2021 @ 8:36 am By Omar Faridi  |  

Leading UK-based insurer Hamilton Fraser has teamed up with Trov, a global provider of embedded insurance, according to an update shared with Crowdfund Insider. Along with Hamilton Fraser, Trov will be adding four new UK Proptech partners who will integrate Trov’s embedded renters’ insurance into… Read More

July 19, 2021 @ 11:08 am By JD Alois  |  

Zodia Custody Limited, a crypto-focused firm backed by Standard Chartered, is now registered with the UK Financial Conduct Authority as a regulated crypto-asset firm. Standard Chartered partnered with Northern Trust to launch Zodia. Earlier this month, Zodia announced a new wholesale trading platform for crypto-assets…. Read More

July 19, 2021 @ 8:50 am By JD Alois  |  

Clausematch has published a report stating that the Regtech industry is at a tipping point as firms deal with “the ever-increasing regulatory burden and the cost of maintaining compliance.” Clausematch has distributed its ‘”Voice of Regtech” survey. According to the company, the survey was carried… Read More

July 19, 2021 @ 8:05 am By Omar Faridi  |  

TrueLayer, the global Open Banking solution provider, reveals that it has hired technical professionals in Australia in order to expand operations in the APAC region. Tilen Chetty will be joining TrueLayer in Sydney as Product Lead and Dan Gaskin will be working out of the… Read More

July 19, 2021 @ 8:02 am By Omar Faridi  |  

Switzerland-based B2B Proptech firm PriceHubble reveals that it has finalized its $34 million Series B round. PriceHubble’s investment round was oversubscribed and was led by Digital+ Partners, a European growth equity investor. The firm’s round was also joined by Latitude Ventures, the Series B+ sister… Read More

July 18, 2021 @ 11:23 pm By Omar Faridi  |  

Kuflink Group, a platform that connects borrowers with lenders, by providing a steady flow of accessible finance and competitive interest rates, notes that their tech team has worked hard to bring new features. Kuflink‘s management writers in a blog post that together, with users’ feedback,… Read More

July 18, 2021 @ 10:26 pm By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, acknowledges that they understand the “stresses” and “frustrations” that small businesses go through on daily basis. Although they cannot fix everything, the company explains that they can provide you the financial “firepower” you… Read More

July 18, 2021 @ 10:19 pm By Omar Faridi  |  

The iwoca SME Expert Index reveals that 1 in 3 brokers “see rising demand for unsecured finance.” As noted in an update shared with CI, more than a third (38%) of brokers submitted “more lending applications for unsecured finance in May compared to the previous… Read More

July 18, 2021 @ 11:33 am By Omar Faridi  |  

Kristo Käärmann, Co-founder and CEO of Wise (previously dba TransferWise), which aims to make money work without borders, notes that they’re building the world’s most international account. 1/ @Wise Q2 Mission Update is here. Our team is 2,600 people now. How much progress did we… Read More

July 18, 2021 @ 10:59 am By Omar Faridi  |  

UK-based Fintech firm SplitBill, which enables free instantaneous fund transfers between friends and family members and allows merchants to save in processing fees versus credit cards transactions, reveals that it has now raised £99,370 (of its £150,000 target) from 52 investors via Crowdcube. SplitBill, which… Read More

July 17, 2021 @ 7:24 pm By Omar Faridi  |  

UK’s leading property finance Fintech LendInvest, which recently became a publicly-traded firm. with shares now trading on the London Stock Exchange’s AIM market, under the ticker symbol “LINV,” has shared 10 notable Buy-to-Let deals from a week in June 2021. The LendInvest team writes in… Read More

July 16, 2021 @ 1:37 pm By Omar Faridi  |  

Munnypot Ltd confirms that it has teamed up with Cairngorm Capital Partners LLP and has acquired Whitefoord LLP, in order to introduce Verso Wealth Management, which is a wealth management group offering financial advice and investment management that’s supported by an all-digital platform. Cairngorm Capital… Read More

July 16, 2021 @ 9:51 am By JD Alois  |  

Marketplace lending platform Assetz Capital has added two executives to its bridging team to accelerate the growth of bridge loans. Assetz Capital states that the moves signal a strategic focus on the bridging market for the lender. Since 2013 the Fintech has originated about £1.5… Read More

July 16, 2021 @ 8:45 am By Omar Faridi  |  

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, has entered iinto a partnership with OneFamily, which is one of United Kingdom’s largest financial mutual societies. iPipeline’s SSG Digital platform will be replacing OneFamily’s savings,… Read More

July 16, 2021 @ 8:06 am By Omar Faridi  |  

Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More

July 15, 2021 @ 11:08 am By JD Alois  |  

The United Kingdom has long been a top global Fintech hub – a title it is keen to maintain. The combination of a pretty supportive policy environment, a market economy, and a risk-taking entrepreneurial class, has fueled a Fintech boom. More recently, Brexit has challenged… Read More

July 15, 2021 @ 8:33 am By Omar Faridi  |  

Boubyan Bank has introduced a mobile-only, Sharia-compliant banking solution in the United Kingdom. The platform will aim to address the requirements of individuals residing in the Middle East who may have international banking needs. As noted in the announcement, Nomo will be providing a new… Read More

July 15, 2021 @ 7:54 am By Omar Faridi  |  

Prominent digital bank Revolut has finalized a massive $800 million round that now values the loss-making Fintech at $33 billion. Revolut‘s latest investment round brings on board two key investors, the SoftBank Vision Fund 2 and Tiger Global Management. The capital injection will be channeled… Read More

July 15, 2021 @ 1:00 am By Tony Zerucha  |  

One in nine adults in the United Kingdom could make their first cryptocurrency purchase over the next year, data from UK money app Ziglu suggests. Should they all take the plunge that would mean 21 percent of UK adults would own some digital currency. Of… Read More

July 14, 2021 @ 11:24 am By Omar Faridi  |  

Skrill, which is part of specialized payments firm Paysafe (NYSE: PSFE), reveals that it has  added 20 other virtual currencies to its digital wallet for its clients to purchase and sell. As mentioned in a release shared with Crowdfund Insider, the new additions bring the… Read More