Tagged: united kingdom

November 19, 2020 @ 9:01 am By Omar Faridi  |  

Prominent digital bank Revolut has confirmed that it will support Open Banking for its customers in Germany. According to a release, the new Open Banking features will allow Revolut’s German customers to easily connect their accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse with… Read More

November 18, 2020 @ 11:26 pm By Omar Faridi  |  

Sugi, an app that allows users to keep track of the carbon impact of their investment portfolio, has introduced the public beta version of its platform in the United Kingdom. Sugi has been developed specifically for retail investors. It’s free to use and allows users… Read More

November 18, 2020 @ 10:37 pm By Omar Faridi  |  

UK-based Monument, a new all-digital bank for the mass affluent, will be working with Amazon Web Services, Accenture, Mambu, Persistent Systems, and Salesforce. These companies will be focused on helping Monument with developing its technology stack and infrastructure. Last month, Monument Bank acquired a banking… Read More

November 18, 2020 @ 1:57 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Wednesday it has joined forces with JP Morgan Asset Management to launch Smart Alpha portfolios. Nutmeg reported that Smart Alpha portfolios are underpinned by the duo’s shared commitment to sustainable investing.  “Today, Nutmeg and J.P. Morgan Asset Management have joined forces to create a truly pioneering product that… Read More

November 18, 2020 @ 9:15 am By JD Alois  |  

Payments as a Service Fintech Modulr has received a £9 million investment from PayPal Ventures to develop additional products and expand its customer base. Modulr is a Fintech service that integrates into any product or system. Users may automate payment flows, embed payments into their… Read More

November 18, 2020 @ 7:40 am By Omar Faridi  |  

After joining digital bank Monzo only about a year ago, the Fintech firm’s first Chief Risk Officer, Lisa Nowell, has decided to leave her position to pursue a new role at Ashman Finance, an SME-focused lender. Nowell has previously served as Chief Risk Officer at… Read More

November 17, 2020 @ 2:17 pm By Samantha Hurst  |  

FCA authorized e-Money Institution Ziglu is celebrating its Mastercard debit card launch by announced its Christmas Charity Campaign. The company reported it is planning to donate the price of a meal to Fareshare every time a customer uses their card for their supermarket shop online and… Read More

November 17, 2020 @ 10:18 am By JD Alois  |  

Digital bank Revolut has announced the launch of Google Pay for customers in Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal and Romania. The Fintech claims to be one of the first financial services firms to offer Google Pay as a service within their… Read More

November 17, 2020 @ 9:28 am By JD Alois  |  

Goodlord, a Proptech that digitizes property management – and more, has partnered with credit reference agency and Open Banking provider, Credit Kudos, to improve the rental process for agents, landlords and tenants by allowing more accurate assessments of a tenant’s financial situation. According to a… Read More

November 16, 2020 @ 11:53 pm By Omar Faridi  |  

Simon Rabin, Founder and CEO at London-based Chip, a financial services firm that automatically stashes away what consumers can afford so they can “spend it on things that really matter,” notes that there may be a potential opportunity to enter the wealth-building space. Rabin’s recent… Read More

November 16, 2020 @ 10:55 pm By Omar Faridi  |  

Landbay, a digital buy-to-let finance platform, has reportedly joined the network panel of Commercial Finance Brokers UK (CFBUK) so that its members are able to gain access to the lender’s buy-to-let products and services. CFBUK is recognized as a leading “whole of market” commercial finance… Read More

November 16, 2020 @ 10:45 pm By Omar Faridi  |  

Onfido, a global ID verification solution provider, will be working with Voi, an e-scooter rental operator The UK has opened up to e-scooters and companies like Voi have been running trial rental services in the West Midlands, Cambridge, Northampton, Liverpool, Bath, and Bristol areas. Voi… Read More

November 16, 2020 @ 10:30 am By JD Alois  |  

FTSE Russell has launched an hourly reference price for digital asset market performance. The product has been created in partnership with Digital Asset Research (DAR), a provider of institutional-grade digital asset research and data. The launch is being described as a step forward in meeting… Read More

November 16, 2020 @ 10:19 am By Samantha Hurst  |  

UK-based group collects platform Collection Pot announced on Monday it has expanded its services into Ireland. Founded in 2014, Collection Pot offers a personalized way to collect money for any occasion or charity. “Personalise your collection by adding an image, share the reason for your… Read More

November 16, 2020 @ 10:01 am By JD Alois  |  

Revolut business accounts may now accept card payments online and get access to funds quickly, according to a release from the digital bank. The Fintech stated that business owners may do business like a local and benefit from very competitive foreign exchange (FX) rates. Revolut… Read More

November 16, 2020 @ 9:02 am By Samantha Hurst  |  

Griffin, a UK-based banking as a service (BaaS) provider, announced on Monday it secured £6.5 million through its latest investment round led by EQT Ventures with participation  Seedcamp, Tribe Capital, Paul Forster (co-founder Indeed.com), Matt Robinson (co-founder Go-Cardless/Nested), and Carlos Gonzalez-Cadenas (Partner at Index Ventures, former… Read More

November 15, 2020 @ 10:28 pm By Samantha Hurst  |  

  Atherton Bikes, a UK-based mountain biking brand, has raised more than £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round made its debut recently and quickly secured its initial £600,000 funding target. Founded by Dan, Gee, and Rachel Atherton, Atherton Bikes… Read More

November 15, 2020 @ 9:59 pm By Samantha Hurst  |  

Fortu Wealth, a UK-based digital platform solution designed for wealthy individuals and their businesses, has quickly secured its initial £230,000 through its equity crowdfunding campaign on Seedrs. The funding round recently launched and has already attracted 255 Seedrs investors. Founded in 2019, Fortu describes itself… Read More

November 14, 2020 @ 5:36 pm By Omar Faridi  |  

UK-based PensionBee, an online pensions provider, is reportedly planning to introduce a fossil-fuel-free investment option for its customers. The new investment plan may be suitable for clients who would prefer to exclude coal, oil, gas, tobacco, and arms manufacturers from their investment portfolios. PensionBee’s latest… Read More

November 14, 2020 @ 4:49 pm By Omar Faridi  |  

Lee Birkett, Founder at UK-based JustUs, a peer to peer (P2P) lender, has stated that the platform will begin providing P2P owner-occupied residential mortgages (starting in 2021). These mortgages will be available either with or without an exemption from the UK government. Birkett noted that… Read More