Tagged: united kingdom

January 27, 2021 @ 3:03 pm By JD Alois  |  

Open banking firm Yapily has hired Iain McDougall as Chief Commercial Officer (CCO) in a move to boost its presence across Europe. McDougal previously worked for both Stripe and Google. While at Stripe, McDougall was Country Manager and Executive Director where he led the UK and… Read More

January 27, 2021 @ 10:17 am By JD Alois  |  

Bilderlings, a UK based neobank that is an authorised e-money institution, has launched a new “onboarding” process for potential users, according to a note from the Fintech. Bilderlings remote online onboarding for individuals is said to enable users to register, submit documents, and have a… Read More

January 27, 2021 @ 9:53 am By JD Alois  |  

The digital banking sector will get a bit more crowded in the UK following the news that JP Morgan (NYSE:JPM) is planning to launch a digital bank in the country. JP Morgan will follow in the footsteps of Marcus, created by Goldman Sachs, entering the… Read More

January 27, 2021 @ 8:36 am By JD Alois  |  

Digital bank Zopa continues to add new features and services seeking to boost its allure for new and existing consumers. Today, Zopa has announced a new feature that allows its users to compare energy services to lower their monthly cost. Zopa has teamed up with Decision… Read More

January 27, 2021 @ 8:26 am By JD Alois  |  

British Business Investments has committed £10 million to Syndicate Room. British Business Investments is a subsidiary of the British Business Bank. Syndicate Room was previously an investment crowdfunding platform that has since migrated to a fund model. According to a noted from Syndicate Room, the… Read More

January 27, 2021 @ 7:50 am By Omar Faridi  |  

UK-based Fintech Unicorn TransferWise is reportedly expanding its debit card program into many new markets after entering a worldwide deal with payments giant Visa (NYSE:V). Through the partnership, TransferWise will be connecting to Visa’s international transaction processing network (via the Cloud). TransferWise confirmed that it’s… Read More

January 26, 2021 @ 3:13 pm By Samantha Hurst  |  

  Just a little over five years after securing a £25 million investment from a London-based hedge fund and consortium of angel investors, hybrid/online estate agent easyProperty has launched an equity crowdfunding campaign on Seedrs. Launched in 2013, easyProperty describes itself as a hybrid/online east… Read More

January 26, 2021 @ 11:37 am By Samantha Hurst  |  

  FinTech Scotland and FinTech Wales announced on Tuesday have released a report proposing increased Research and Innovation (R&I) to drive acceleration in fintech development across the UK, nationally and regionally to support growth and new jobs. The report, entitled “Research and Innovation for UK FinTech” jointly authored… Read More

January 26, 2021 @ 8:31 am By Samantha Hurst  |  

  UK financial API provider TrueLayer announced on Tuesday the launch of PayDirect. TrueLayer claims that PayDirect is a new payment method that enables any firm to create streamlined, secure, and cost-effective onboarding and payments processes. TrueLayer further revealed that with PayDirect fintech firms, banks,… Read More

January 24, 2021 @ 9:39 pm By Samantha Hurst  |  

Emortal, a UK-based digital family content solution, has successfully secured more than £1.3 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise £1 million, has already attracted over 260 Crowdcube investors. Founded in 2007, Emortal enables families to… Read More

January 24, 2021 @ 9:20 pm By Samantha Hurst  |  

  Less than three years after raising £644,768 Through its previous equity crowdfunding campaign on Seedrs, SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, has returned to the funding platform and quickly surpasses £250,000 investment… Read More

January 24, 2021 @ 1:32 pm By Omar Faridi  |  

UK-based Blend Network, a peer to peer (P2P) property lending platform, has revealed that they’re expanding their team of professionals.  Blend Network’s management confirmed that they’re pleased to announce that Chloe Stidston-Lewis has now joined their lending team as a lending associate. Chloe has reportedly… Read More

January 23, 2021 @ 8:31 pm By Omar Faridi  |  

Tradeteq, a company that offers an AI-enhanced collaborative network for trade finance investors and originators to connect, interact, and transact, has finalized its $9.4 million Series A investment round from a group of US-based tech investors. Tradeteq has now raised over $16 million since it… Read More

January 23, 2021 @ 7:29 pm By Omar Faridi  |  

The COVID-19 outbreak has led to the increased adoption of contactless payments as one of the preferred ways to settle transactions in the United Kingdom, now representing around 90% or 9 in 10 of all eligible card transfers (as of 2020). The most significant milestone… Read More

January 23, 2021 @ 9:16 am By Omar Faridi  |  

Dhana Kaneshayogan notes that in January 2020, he had joined the Governance, Infrastructure and Networks team (GIN) at UK-based Fintech firm TransferWise. Kaneshayogan confirmed that the team offered other platform teams the interfaces and tooling to develop compute resources by using “best practices and standardized… Read More

January 22, 2021 @ 9:45 pm By Samantha Hurst  |  

  BlockDox, a UK-based proptech, has quickly raised its initial £125,000 funding target through its Seedrs campaign. The funding round, which recently made its debut on the equity crowdfunding platform, has already attracted nearly 50 Seedrs investors so far. Founded in 2015, BlockDox describes itself as… Read More

January 22, 2021 @ 7:31 am By Omar Faridi  |  

It’s undoubtedly been a very challenging environment for retailers, however, looking ahead to the rest of 2021, UK-based Flux (which itemizes digital receipts that are “delivered straight to your banking app”) says it believes there are some “real” potential opportunities to take take advantage of,… Read More

January 21, 2021 @ 9:36 pm By Samantha Hurst  |  

  Uhive, a UK-based cryptocurrency-powered social network, has successfully secured its £500,000 funding target through its Seedrs campaign. The funding round, which recently made its debut on the equity crowdfunding platform, has already attracted 310 Seedrs investors. Founded in 2018, UHive describes itself as a… Read More

January 21, 2021 @ 9:44 am By JD Alois  |  

Tom Blomfield, founder of digital bank Monzo and former CEO is departing the Fintech entirely at the end of January according to a report. Blomfield has been slowly exiting the Fintech in the last couple of years having passed the CEO title to another some… Read More

January 20, 2021 @ 8:46 pm By Omar Faridi  |  

Fintech firm Plaid is reportedly planning to more than double its Europe-based workforce in 2021, despite having to back out of a potential deal to be acquired by payments giant Visa (due to US antitrust issues). The financial technology firm appears to be taking the… Read More