Tagged: united kingdom

October 13, 2024 @ 10:58 pm By Omar Faridi  |  

The team at Prove has shared key insights on the “Rise of the Trust & Safety Officer” – which now consistently aims to safeguard businesses in the so-called digital age. Prove noted in a blog post that in every sector and across all global regions,… Read More

October 13, 2024 @ 8:57 pm By Omar Faridi  |  

PensionBee, a global enabler of the consumer retirement market, has reportedly achieved its highest-ever environmental, social, and governance (ESG) rating from EthiFinance, scoring 86/100 in their latest assessment report. The EthiFinance ESG Ratings, which aim to effectively evaluate firms on a scale from 0 to… Read More

October 12, 2024 @ 7:59 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), reports “significant growth” across the region as it marks the first year of its expansion into the United Kingdom. Results show Insurtech Cowbell’s continued growth in the region, with figures from between January… Read More

October 11, 2024 @ 12:40 pm By Omar Faridi  |  

The UK Fintech firm Pockit and the pan-European fintech Monese announce that they have agreed terms for Pockit to acquire Monese,a deal that’s currently subject to Change in Control approval by the UK’s Financial Conduct Authority (FCA), creating the fintech for the “financially underserved” and… Read More

October 11, 2024 @ 8:47 am By Omar Faridi  |  

UK’s digital bank Monzo is reportedly expected to reach a substantial £4.5 billion valuation through a potential employee share sale. This is according to a recent report by Sky News. It is worthwhile to note that Monzo, in its early days of existence, raised money… Read More

October 9, 2024 @ 8:50 am By Omar Faridi  |  

Business activity rose in all but one of the UK’s 12 nations and regions last month, following broad-based growth in the month prior, according to the latest NatWest Regional Growth Tracker. As noted in a blog post by NatWest, the Business Activity Index is said… Read More

October 9, 2024 @ 8:34 am By Omar Faridi  |  

UK’s digital bank Monzo has injected €4m in capital into its new Irish division. The update comes just several months following Monzo’s CEO,  TS Anil, stating that the Fintech firm was in the process of establishing its EU offices in Ireland. At the time of… Read More

October 8, 2024 @ 10:26 am By Omar Faridi  |  

Cashflows, the platform that for merchants to accept payments, announces its partnership with Mastercard (NYSE: MA) to offer its merchants Click to Pay. Mastercard Click to Pay is a described as a consistent way to make online payments, offering consumers a user-friendly guest checkout across… Read More

October 8, 2024 @ 8:38 am By Omar Faridi  |  

The payments landscape has evolved considerably in the past decade, according to an update from Juniper Research. Juniper Research noted in a report that many payment methods rising to some of the most used solutions across retail, digital commerce, B2B, as well as P2P scenarios…. Read More

October 7, 2024 @ 9:26 am By Michael Wong  |  

Institutional investors and wealth managers are forecasting a significant increase in the launch of new digital asset funds this year, as traditional financial institutions show heightened interest in the sector, according to a report by London-based Nickel Digital Asset Management. The research indicates that approximately… Read More

October 6, 2024 @ 2:46 pm By Omar Faridi  |  

NatWest Group has announced a progress update on its ambition to provide £5 billion in new lending to the UK social housing sector, with the bank confirming £2.8 billion has been provided up to 31 August 2024. As explained in the update from UK’s NatWest… Read More

October 5, 2024 @ 6:18 pm By Omar Faridi  |  

In a move signaling alignment with US regulatory actions, the UK’s Financial Conduct Authority (FCA) is preparing to survey City firms to scrutinize their use of encrypted messaging services such as WhatsApp. Regtech firm SteelEye has shared informative insights to help industry participants with gaining… Read More

October 5, 2024 @ 8:40 am By Omar Faridi  |  

ZEN.COM, a European fintech company, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to secure their UK Electronic Money Institution (EMI) license. This partnership reinforces their commitment to providing customer-centric financial solutions in the UK fintech market. As… Read More

October 3, 2024 @ 6:28 am By Omar Faridi  |  

Meta (NASDAQ:META) and NatWest are expanding an information sharing partnership to help protect people against fraud. The Fraud Intelligence Reciprocal Exchange (FIRE) is described in an update as a threat intelligence sharing program for financial institutions, enabling banking service providers to share intelligence with Meta… Read More

September 30, 2024 @ 4:10 pm By JD Alois  |  

Growth Capital Ventures (GCV) , an online investment platform based in the UK, is reporting on an exit from QikServ – a company that sold shares on the GCV platform. QikServ has been acquired by The Access Group, according to the company. QikServe is a… Read More

September 30, 2024 @ 8:47 am By Omar Faridi  |  

UK Fintech firm Codat has recently released its FY 2023 report. The UK based Fintech Codat is reporting a modest £14 million in total revenue for this period a swell as £34 million in losses for the same financial period. Codat is a UK-headquartered fintech… Read More

September 28, 2024 @ 10:37 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £40m NAV Revolving Credit Facility (RCF) to returning customer, Literacy Capital. Founded in 2017 by Paul and Richard Pindar, Literacy is “a closed-end investment company focused on investing in and supporting growing UK businesses and… Read More

September 27, 2024 @ 10:52 am By JD Alois  |  

FCA-regulated real estate investment platform Shojin and Anarock, a Dubai-based real estate brokerage firm, have announced a new partnership. According to a company statement, the two firms will open up real estate investment opportunities for each of their investor networks. Anarock’s clients from Dubai will gain access to… Read More

September 27, 2024 @ 10:34 am By Omar Faridi  |  

PensionBee has responded to the Department for Work and Pensions’ (DWP) Pension Investment Review, emphasizing the importance of “keeping savers’ best interests at the forefront of any potential changes in the pensions market.” PensionBee believes that consolidation in the Defined Contribution (DC) market may offer… Read More

September 26, 2024 @ 12:25 pm By JD Alois  |  

Both London and New York City have long been top global financial centers, and both locales have emerged as Fintech leaders. The sheer size of the US market has helped NYC maintain a significant advantage over London in global rankings, but a report shared today… Read More