Tagged: united kingdom

March 8, 2020 @ 4:05 pm By Omar Faridi  |  

The Fintech Alliance has introduced a new program via its platform, called the Fintech Alliance Mentoring Hub. The hub will help financial technology industry leaders connect with startup founders, entrepreneurs and other professionals who want to gain more experience and move up the career ladder… Read More

March 8, 2020 @ 12:51 pm By Omar Faridi  |  

London-based Fintech firm Finastra has revealed that its customers will be able to Active.Ai‘s conversational artificial intelligence (AI)-based retail banking app, which was integrated with the FusionFabric.cloud platform. Active.Ai is now accessible via the FusionStore. Finastra is now offering banks and its credit union customers… Read More

March 7, 2020 @ 6:58 pm By Omar Faridi  |  

Glasgow-headquartered AutoRek, a firm that provides financial controls and regulatory reporting software, has teamed up with Nationwide to offer a data management solution and cloud-powered financial controls for a three-year period, with a two-year extension plan. Gordon McHarg, managing director at AutoRek, stated: “I am… Read More

March 6, 2020 @ 9:28 pm By Samantha Hurst  |  

Emma, a UK-based fintech startup, announced on Thursday it secured $2.5 million through its latest round of funding, which was led by Connect Ventures. As previously reported, Emma has created a banking app specifically for millennials (iOS and Android), which is described as a mobile-only… Read More

March 6, 2020 @ 8:39 am By Samantha Hurst  |  

Savvy Navvy, a UK-based marine navigation mobile app, closed its equity crowdfunding campaign on Seedrs with more than £600,000 secured from 550 investors. As previously reported, Savvy Navvy stated it is working to build “the best” navigation solution for sailors worldwide. The company further explained:… Read More

March 6, 2020 @ 7:59 am By Omar Faridi  |  

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), recently warned local consumers about the operations of the Bitcoin Mercantile Exchange (BitMEX), a virtual currency derivatives exchange. According to a notice published by the FCA on March 3, 2020, the independent financial regulator noted… Read More

March 6, 2020 @ 7:09 am By Omar Faridi  |  

Denmark-based Insurtech company Penni.io has reportedly secured €2 million in funding from three major Nordic region insurance industry participants. The firm is planning to use the capital raised to expand its operations across Europe and globally. Established in 2016, Penni.io aims to assist insurance companies,… Read More

March 5, 2020 @ 7:01 pm By JD Alois  |  

Assetz Capital, a UK based peer to peer lender, has topped £1 billion in online lending. Assetz Capital surpassed £500 million in lending in June of 2o18 so the platform is picking up steam. Launched in 2013, Assetz Capital provides access to credit for SMEs,… Read More

March 5, 2020 @ 6:11 pm By JD Alois  |  

Earlier today, Innovate Finance announced its annual Women in Fintech Powerlist that recognizes women changing the world of finance. As part of this list, Innovate Finance highlighted a group of “Standout 35 Stars.” As we just found out, one of these Fintech Stars is crowdfunding… Read More

March 5, 2020 @ 3:09 pm By Samantha Hurst  |  

Quin, a UK-based mobile medical app, has successfully secured its initial £600,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, Quin describes itself as a female-founded digital health startup that uses science, engineering, and design to help people with diabetes who take insulin… Read More

March 5, 2020 @ 10:44 am By Barry James  |  

CC – UK Prime Minister Boris Johnson. Britain has up to 2 Million ‘mortgage prisoners’ in increasing financial stress through no fault of their own, a situation created, paradoxically, by bad, outdated regulation.  There have already been 7 attempted suicides in the UK Mortgage Prisoners… Read More

March 5, 2020 @ 9:41 am By JD Alois  |  

Fast-growing Fintech Curve will close all of its offices in the UK on Friday due to the Coronavirus. According to a release, Curve said it was taking the unprecedented step in “preparation for a COVID-19 emergency” announced today. The UK has published a document providing… Read More

March 5, 2020 @ 9:25 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Thursday Legal & General Mortgage Club’s lender panel to extend distribution of its Buy-to-Let product to more brokers. According to LendInvest, The club’s member firms are now able to register with the online lender’s platform and… Read More

March 5, 2020 @ 7:45 am By JD Alois  |  

Innovate Finance, the leading voice in the UK advocating on behalf of the global Fintech industry, has published its annual Women in Fintech Powerlist highlighting 200 women shaping the future of finance. Innovate Finance received over 650 applications for this year’s list. The 2019 list… Read More

March 4, 2020 @ 2:34 pm By Samantha Hurst  |  

Truevo, a full-service card acquirer and payment service provider, announced on Wednesday it has launched its point of sale solution in the UK, Ireland, and Malta. Founded in 2012, Truevo provides merchant account and card acquiring services to businesses of all sizes, from micro-merchants to… Read More

March 4, 2020 @ 11:13 am By Omar Faridi  |  

Sopra Steria has finalized its acquisition of cxpartners, a customer experience design consultancy firm, in order to expand its lines of products and services in the United Kingdom while placing a high priority on providing the best digital solutions to its customers. The digital transformation-focused… Read More

March 4, 2020 @ 10:50 am By JD Alois  |  

AxiaFunder, a  for-profit litigation funding platform that may provide non-correlated returns for investors, has sent over note indicating the securities offering will open to the public on March 9, 2020. AxiaFunder cruised past its £200,000 target on Seedrs while in private mode and is currently… Read More

March 4, 2020 @ 8:44 am By JD Alois  |  

Digital bank Starling Bank has opened a third UK office – this one in Cardiff. According to a note from the Fintech, the office will create 400 jobs in Wales. The new operation will grow Starling’s back-office operation that includes data science, customer service and… Read More

March 3, 2020 @ 4:09 pm By Samantha Hurst  |  

Simple Health Kitchen, a UK-based restaurant with a mission to make London a healthier place, has successfully raised over £1 million in funding through its equity crowdfunding campaign on Crowdcube. The restaurant launched the funding round last month, originally seeking £750,000.  According to its founders,… Read More

March 3, 2020 @ 3:08 pm By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter recently celebrated RateSetter Innovative Finance ISA’s second birthday. The online lender launched the ISA in February 2018 and claims it has become the UK’s most popular Innovative Finance ISA. As previously reported, RateSetter described the ISA: “The Innovative Finance ISA (IF… Read More