Tagged: united kingdom

May 26, 2025 @ 2:34 pm By Omar Faridi  |  

Chargebacks911, a global firm specializing in dispute resolution and chargeback prevention, is warning UK merchants that inflationary pressures, trade disruption, and weakening consumer confidence “are creating the perfect conditions for a sharp rise in chargeback abuse.” As household budgets shrink and financial anxiety grows, more… Read More

May 26, 2025 @ 1:01 am By Omar Faridi  |  

Curve, a digital wallet provider, announced the launch of Curve Pay on iOS, marking a watershed moment in mobile payments. Curve Pay becomes the first payment solution to leverage the accessible iPhone NFC interface after Apple’s “acceptance of the European Commission’s ruling on competition concerns,… Read More

May 25, 2025 @ 11:26 pm By Omar Faridi  |  

LoanTube, the UK’s digital credit marketplace for underserved consumers and small businesses, has partnered with Gain Credit, the non-prime lending specialist behind Drafty and Lending Stream, to expand its platform offering. The collaboration introduces Gain Credit’s products to LoanTube’s platform, delivering “greater choice and flexibility… Read More

May 23, 2025 @ 8:41 am By Tony Zerucha  |  

Bitcoin’s rise to an all-time high above $110,000 has torched expectations—and it’s forcing a reappraisal of what’s possible in 2025. According to Nigel Green, CEO of deVere Group, the latest rally means that “$150,000 no longer looks ambitious—it looks cautious.” The flagship cryptocurrency has gained… Read More

May 22, 2025 @ 8:45 am By Omar Faridi  |  

Point of sale (POS) innovator Yabie announced a strategic partnership with Worldpay to power the merchant business tools within Worldpay 360, a new all-in-one business management and payment solution tailored specifically for small and medium-sized enterprises in the UK. The UK collaboration will help “deliver… Read More

May 20, 2025 @ 11:56 am By JD Alois  |  

SyndicateRoom, a UK-based online investment platform, has announced its first female founder-focused fund offering. According to the company, the Angel Academe EIS Fund I – is the UK’s first EIS fund specifically focused on investing in female-founded tech businesses. EIS or Enterprise Investment Scheme is… Read More

May 20, 2025 @ 11:43 am By JD Alois  |  

CurveBlock has been approved to join the UK Digital Securities Sandbox (DSS), a project led by the Financial Conduct Authority (FCA) and the Bank of England. CurveBlock is a Leeds-based Fintech in the Proptech sector. The ambition is to pursue real estate tokenization. CurveBlock is… Read More

May 20, 2025 @ 7:38 am By Omar Faridi  |  

Experian, the money platform, has revealed the transformative impact ReFi powered loans are having on UK consumers. As of May 2025, ReFi technology has “enabled the lending of over £70 million in debt consolidation loans.” Since becoming part of the Experian credit comparison marketplace in… Read More

May 19, 2025 @ 10:55 pm By Omar Faridi  |  

UK’s digital bank Monzo has launched a new feature that empowers customers to cancel bank transfers almost instantly if they spot an error. This development, aimed at addressing a problem costing Brits an estimated £825 million annually, is set to redefine how users manage their… Read More

May 19, 2025 @ 9:53 am By JD Alois  |  

Folk2Folk, a peer-to-peer lender that claims title of being the largest in the UK, having facilitated over £764 million in loans since inception, says it is experiencing a “surge” in transfers to its Innovative Finance ISA (IFISA). Folk2Folk reports almost £77 million of investment into… Read More

May 19, 2025 @ 7:14 am By Omar Faridi  |  

Shojin has reportedly structured and funded our first Sharia compliant real estate investment for a residential development in Greater Manchester. They will continue to cater for global investors “seeking Sharia compliant opportunities in the UK market, particularly as real estate is one of the UK’s… Read More

May 18, 2025 @ 10:50 pm By Michael Wong  |  

The United Kingdom is taking a decisive step toward formal regulation of digital assets, announcing that all cryptoasset service providers operating in the country will be required to adhere to strict reporting obligations starting January 1, 2026. The new rules form part of the OECD’s… Read More

May 18, 2025 @ 10:41 pm By Omar Faridi  |  

Fintech firm Wise is pleased to announce that Raiffeisen Bank International, a corporate and investment bank in Central and Eastern Europe (CEE), has partnered with Wise Platform in order to “enable fast, secure, low-cost and transparent international payments for personal and business customers across the… Read More

May 18, 2025 @ 6:19 pm By Omar Faridi  |  

Algbra Group and its Fintech-as-a-Service division, Algbra Labs, have  announced a partnership with Gatehouse Bank to deliver the next stage of the bank’s digital transformation strategy. Gatehouse Bank is a Shariah-compliant, UK Bank offering ethical savings products for UK customers and residential property finance “in… Read More

May 16, 2025 @ 11:58 am By Omar Faridi  |  

The Bank of London is reportedly under investigation by the Prudential Regulation Authority (PRA), raising serious concerns about its long-term ability to maintain operations. The probe, disclosed in the bank’s recently filed accounts—submitted months behind schedule—centers on “historical matters” predating a significant ownership change in… Read More

May 16, 2025 @ 7:20 am By Omar Faridi  |  

Following a review of the market, Lloyds Banking Group (LBG) has selected Moneyhub to categorize and enrich all retail and non-retail transactions across LBG’s customer base and brands, “including Lloyds, Halifax, Scottish Widows and Bank of Scotland.” This will support customers to understand what they… Read More

May 16, 2025 @ 7:16 am By Omar Faridi  |  

OakNorth – the digital bank for entrepreneurs, has provided a $15.5m loan to Virginia-based real estate investor, Rooney Properties. Established in 2013 and headquartered in Arlington, the firm “has experience underwriting, acquiring, entitling and developing commercial real estate across the Washington DC metro area.” Having… Read More

May 15, 2025 @ 9:56 am By JD Alois  |  

JA Mining says it has launched its cloud mining contracts, targeting investors interested in earning passive income through crypto mining. JA Mining highlights that it is regulated by the Financial Conduct Authority (FCA) adding that it is committed to transparency and compliance. The company also… Read More

May 14, 2025 @ 8:28 am By Omar Faridi  |  

Trustly, the global enabler of Pay by Bank, has partnered with Sabre Direct Pay, a division of Sabre Corporation, a travel technology company, to enhance payment solutions for travel agencies across the UK and Europe. Through its Travel Marketplace, Sabre offers travel retailers access to… Read More

May 14, 2025 @ 8:13 am By Omar Faridi  |  

Digital bank Zopa has reportedly raised £80 million in Additional Tier 1 (AT1) capital from existing and new investors ahead of a period of growth. According to the announcement from UK‘s digital bank Zopa It follows a EUR 80 million equity fundraise “executed 6 months… Read More