Tagged: united kingdom

February 28, 2021 @ 7:33 pm By Omar Faridi  |  

Banking Circle, a financial infrastructure developer, notes that digitalization “dramatically accelerated” in order to address the challenges of 2020. Banking Circle writes in a blog post that having had to innovate (and fast) due to the socioeconomic challenges created by COVID-19, banking institutions are now… Read More

February 28, 2021 @ 5:12 pm By Omar Faridi  |  

UK-based peer-to-peer (P2P) lender JustUs says it aims to “disrupt” the lending landscape and become an established provider of crowdfunded financial products for consumers with the JustUs ISA. To undertake Peoples Mortgages, JustUs noted that it will be “required to gain regulatory approval which is… Read More

February 27, 2021 @ 4:13 pm By JD Alois  |  

Property finance platform LendInvest has announced Strategic Partners for 2021 with 35 broker firms joining the program.  LendInvest explains that they recognize key broker firms as those that submit a high level of consistent business to LendInvest. Strategic Partners may access dedicated staff to service… Read More

February 26, 2021 @ 5:49 pm By Omar Faridi  |  

London-headquartered SETL, a settlement and payments infrastructure provider, has reportedly hired Marjan Delatinne to serve on its executive management team as the company’s Head of Payments. Marjan will be responsible for further expanding SETL’s payments business, and also its market infrastructure and asset management products…. Read More

February 26, 2021 @ 9:34 am By JD Alois  |  

The long-anticipated report on the UK Fintech ecosystem and recommendations as to how to keep the robust market growing in a post-Brexit world has been published today. The Kalifa Review of Fintech seeks to provide a roadmap for the UK to maintain its prominence in… Read More

February 26, 2021 @ 8:16 am By Samantha Hurst  |  

Virtual school-gate community, Classlist, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £800,000 in funding. The company returned to Crowdcube less than five years after raising £837,160 through its previous crowdfunding campaign. The latest funding round has attracted more than 890 Crowdcube… Read More

February 25, 2021 @ 9:30 pm By Samantha Hurst  |  

Atom Bank, a UK-based mobile bank, announced on Thursday is to set to raise £40 million from existing shareholders as it moves to profitability from its mortgage and business lending within a year and to IPO the year after. As previously reported, Atom Bank claims… Read More

February 25, 2021 @ 2:49 pm By Samantha Hurst  |  

  UK banking group NatWest announced on Thursday announced earlier this week it has issued a €1 billion affordable housing social bond. The bank reported it has selected a pool of loans to not-for-profit, registered UK-based housing associations to which it will allocate the proceeds of… Read More

February 25, 2021 @ 12:47 pm By JD Alois  |  

Skymind has announced its first cohort of investments from its $800 million AI fund. Skymind has invested in six startups that are leveraging AI to improve the performance of different industries and sectors across the globe. Skymind is an open-source enterprise deep-learning software company and… Read More

February 25, 2021 @ 9:32 am By Samantha Hurst  |  

  SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, has successfully secured more than £515,000 through its latest equity crowdfunding campaign on Seedrs. The funding round, which originally set out to raise £250,000, has already… Read More

February 25, 2021 @ 8:37 am By JD Alois  |  

Thrillz, a platform that operates a personalized message service in partnership with celebrities, influencers, sports figures, impersonators, and more, is looking to raise growth capital on Seedrs. Are you interested in a birthday wish from Katie Price or a personalized message from Tara Reid? Well,… Read More

February 25, 2021 @ 6:32 am By JD Alois  |  

OakNorth Bank has completed a £4.4 million Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of Beulah Vista Caring Home in London. OakNorth Bank says that the number of care home beds per 100 people over the age of 85 has fallen… Read More

February 24, 2021 @ 10:51 am By JD Alois  |  

While Millennials and Gen Z have long been enthusiastic when it comes to crypto it now appears that Boomers and Gen-Xers are getting into the crypto boom – at least according to a survey by de Vere Group. In a release, de Vere states that… Read More

February 23, 2021 @ 11:45 pm By Omar Faridi  |  

UK-based digital banking challenger Starling notes that bad relationships can be a lot of hard work. The Fintech firm has provided several reasons why it may be a good idea to “cut the ties” with your regular bank and “fall in love with easy, responsible… Read More

February 23, 2021 @ 3:25 pm By Samantha Hurst  |  

  Primer, a UK-based fintech, announced on Tuesday the launch of  Primer Connect, the company’s new open app framework which enables third-parties to build connections on Primer platform. The launch of Primer Connect comes just a few months after Primer raised £14 million through its… Read More

February 23, 2021 @ 2:22 pm By JD Alois  |  

Last year, it was reported that Transferwise (recently rebranded as Wise) had been approved in the UK to offer investment services for retail accounts. According to the FCA registry, “TIVN” is approved to offer various retail investment services. At that time, it was expected that… Read More

February 22, 2021 @ 3:45 pm By Samantha Hurst  |  

  Infinity Circle, a UK-based digital wealth creation fintech platform, is now seeking a minimum of £300,000 through its equity crowdfunding campaign on Seedrs. Founded in 2018, Infinity Circle is set to provide the “highway” to exclusive opportunities otherwise only usually available to the ultra-rich…. Read More

February 22, 2021 @ 12:44 pm By Samantha Hurst  |  

BBVA announced on Monday it achieved a record number of new customer growth in 2020, despite the COVID-19 pandemic. BBVA reported that it added a total of 7.3 million new customers worldwide, of which 2.4 million became BBVA customers through the app or the web. According… Read More

February 22, 2021 @ 9:39 am By JD Alois  |  

HANetf, described as Europe’s first full-service white label UCITS ETF issuer, says it has topped $2 billion in assets under management (AUM) as of last week. HANetf reports that it now has an AUM of £2.22 billion – a whopping increase of 85% since the… Read More

February 22, 2021 @ 9:14 am By JD Alois  |  

OakNorth Bank says it has completed a £5.6 million loan to convert vacant pub and hotel, Antigallican Hotel, in Charlton into a mixed-use building with 60 studio apartments. The loan was made to Gallican Investments Limited, which is led by the team behind Dandi founded… Read More