Tagged: united kingdom

June 2, 2021 @ 11:27 pm By Omar Faridi  |  

Carrousel Digital, the London-headquartered financial boutique, and its partner, Paris-based Marbeuf Conseil et Recherche, the digital security developer, have introduced Moneytak, a system that supports the transfer of funds or documents between two digital objects without needing a connection to a server when the transaction… Read More

June 2, 2021 @ 11:07 pm By JD Alois  |  

LendInvest, a top property finance platform, has announced several changes to its Buy-to-Let (BTL) suite, including the launch of new pay rate products and a repricing of its standard BTL range and Small HMO’s.  According to a note from the company, LendInvest has introduced two… Read More

June 2, 2021 @ 10:21 am By Omar Faridi  |  

Mark Skehill has reportedly been hired as Enterprise Sales Manager – UK and Western Europe at ECOMMPAY, a global payment service platform and also a direct bank card acquirer with its own Fintech solutions. Mark Skehill has been recruited as part of ongoing growth for… Read More

June 2, 2021 @ 8:16 am By Samantha Hurst  |  

  Divido, a UK-based buy now pay later platform, announced on Wednesday it secured $30 million through its Series B funding round, which was led by HSBC and ING with participation from Sony Innovation Fund by IGV, SBI Investment, OCS, Global Brand, DG Daiwa Ventures,… Read More

June 2, 2021 @ 7:57 am By JD Alois  |  

Revolut Business has added Clear Books accounting software integration. New subscribers to the service will receive a  discount off of the software. Revolut states that the integration is part of its Open Banking framework with the functionality embed into the application. Revolut says the booming… Read More

June 2, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling has been accredited by the British Business Bank as a lender under the government-backed Recovery Loan Scheme (RLS), which is the successor to the Coronavirus Business Interruption Loan Scheme (CBILS). Starling had previously been approved as a lender under the initial… Read More

June 1, 2021 @ 11:07 pm By Omar Faridi  |  

Ikigai, an established wealth management and banking app for affluent Millennials, has secured nearly £2 million in capital through a crowdfunding campaign via CrowdCube. The funds raised will be used to accelerate ikigai’s product roadmap and enhance its technology team. The total funds secured equates… Read More

June 1, 2021 @ 10:20 pm By Omar Faridi  |  

UK-based Fintech firm Wise (formerly doing business as TransferWise) has introduced remittance services in India, as the company looks to expand its operations globally with a new office in Mumbai. This move by London-headquartered Wise has come after the company began supporting Google Pay users… Read More

June 1, 2021 @ 4:12 pm By Omar Faridi  |  

BondIT, an established provider of asset and wealth management tech, has hired Dr. David Curtis as its Partner and Head of Global Client Business. In his new role, Curtis will be expected to lead BondIT’s business expansion internationally in order to meet the rising demand… Read More

June 1, 2021 @ 12:43 pm By Omar Faridi  |  

Wealth management providers are always looking to empower their customers with the best financial security and equitable access to the appropriate financial services. But they may be challenged because of the costly, inefficient, and outdated technology solutions being offered today. WealthOS is introducing what it… Read More

June 1, 2021 @ 12:00 pm By JD Alois  |  

Envestors is a unique online investment platform operating in the UK that bridges the crowdfunding market with a white-label service. Envestors also operates a “private investment club” that lists offerings for sophisticated investors. Since its launch, Envestors reports over £112 million raised for early-stage ventures. To… Read More

June 1, 2021 @ 8:30 am By Omar Faridi  |  

Bankable, the global developer of Banking as a Service (BaaS) solutions, Aion Bank, a full service, European licensed digital bank and credit institution regulated in Belgium, and Vodeno, a Cloud-based “360” platform for digital financial services, have unveiled as 10-year strategic, multi-layered partnership for European… Read More

June 1, 2021 @ 7:46 am By JD Alois  |  

Digital bank Revolut says that over the next several weeks that it will be adding new digital assets for trading each Tuesday. Revolut states that “Token Tuesdays will add new cryptocurrencies to the 21 tokens already supported in the banking app. The bank states that… Read More

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

UK based money app Ziglu, which has been developed by Mark Hipperson, one of the founders of Starling Bank, reveals that it will be introducing an investment product offering that will provide an interest rate of 5% APY. Called Sterling Boost, the product will be… Read More

May 31, 2021 @ 4:44 pm By Omar Faridi  |  

Digital banking Unicorn Revolut reveals that May 2021 could potentially have been its best month ever in terms of product updates and overall progress. The Revolut team notes in a blog post that they introduced Version 8.0 of their Fintech app which added new Gift… Read More

May 31, 2021 @ 10:17 am By Omar Faridi  |  

Major banking institutions in the UK like Barclays have decided to block or prevent their clients from transferring money to virtual currency exchanges. Digital banking Fintechs such as Monzo and Starling Bank have also been cracking down on crypto-related entities and transactions they may be… Read More

May 31, 2021 @ 9:06 am By Samantha Hurst  |  

    UK banking group NatWest recently announced it is encouraging small business customers to make a climate commitment and join the government’s Together for our Planet ‘business climate leaders’ campaign, which was launched by the Prime Minister Boris Johnson and Business & Energy Secretary. NatWest… Read More

May 31, 2021 @ 8:53 am By Omar Faridi  |  

UK-based payments platform GoCardless notes that Yorkshire Energy CEO Anne Faulder, who has a background in executive roles in local and central government (and the NHS), understands how building a “strong culture” around shared values is “vital” for any business that wants to “make a… Read More

May 30, 2021 @ 10:44 pm By Samantha Hurst  |  

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, closed its equity crowdfunding campaign on Crowdcube with nearly £10m in funding from 11,795 investors. Curve also claimed it was the fastest ever company on Crowdcube to raise… Read More

May 30, 2021 @ 10:34 pm By Samantha Hurst  |  

  Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the U.S. and parts of Europe, recently announced it received accreditation under the British Business Bank’s Recovery Loan Scheme (RLS). Funding Circle reported that RLS loans will be offered alongside the platform’s… Read More