Tagged: united kingdom

June 21, 2026 @ 10:31 pm By Omar Faridi  |  

UK’s Starling Bank is reducing the size of its board of directors following multiple recent exits. The changes, which include no plans to fill every resulting vacancy, are expected to strengthen the influence of the bank’s largest shareholder, Harald McPike. According to company filings and… Read More

June 21, 2026 @ 1:34 am By Omar Faridi  |  

TRM Labs has pointed out that the UK has designated HTX—one of the world’s largest cryptocurrency platforms—along with 17 related entities and individuals. According to insights from TRM Labs, this latest action marks the first time regulators have targeted a crypto exchange of this magnitude,… Read More

June 21, 2026 @ 12:33 am By Omar Faridi  |  

UK’s digital bank OakNorth has joined forces with Fintex Capital to create a new collaboration in specialty finance. The partnership, which is already operational, has successfully deployed £20 million in joint funding, signaling strong momentum from the outset. This alliance merges OakNorth’s drive to broaden… Read More

June 20, 2026 @ 1:54 am By Omar Faridi  |  

Recent UK labor market statistics have offered key insights into wage dynamics and employment trends, providing policymakers with important signals as they navigate ongoing economic challenges. According to analysis from professional services firm KPMG, the data suggests a cooling in underlying pay pressures, which could… Read More

June 19, 2026 @ 10:11 am By Omar Faridi  |  

Funding Circle Holdings plc (LSE: FCH), a platform specializing in finance for small and medium-sized enterprises (SMEs) in the UK, has achieved a notable benchmark in its capital markets activities. On 18 June 2026, the company announced the successful closure of SBOLT 2026-1, marking its… Read More

June 19, 2026 @ 4:16 am By Omar Faridi  |  

Starling Group Holdings Limited has successfully priced its inaugural £150 million Tier 2 bond, marking a significant milestone as the first rated public bond sale from a European neobank. The offering, completed on June 11, 2026, attracted demand from international investors, exceeding supply by more… Read More

June 19, 2026 @ 3:01 am By Omar Faridi  |  

UK Finance has indicated that the payments sector is undergoing significant transformation, moving far beyond incremental evolution into a complete redefinition. A powerful combination of advanced technologies, evolving regulatory frameworks, and global uncertainties has created unprecedented challenges and possibilities for the fintech enabled payments industry…. Read More

June 18, 2026 @ 6:21 pm By JD Alois  |  

QPlay was the first company to trade on PISCES in the UK. PISCES, or Private Intermittent Securities and Capital Exchange System, is a move aimed at improving access to capital and liquidity for smaller firms. QPlay was listed on JP Jenkins Private Market, an approved… Read More

June 17, 2026 @ 11:03 pm By Omar Faridi  |  

UK based financial services firms are bracing for a period of technology-fueled expansion, placing artificial intelligence and other advanced tools at the core of their ongoing digital transformation strategies. According to the latest annual sentiment survey from Lloyds Banking Group, optimism is surging across the… Read More

June 17, 2026 @ 10:00 pm By Omar Faridi  |  

The British Business Bank has unveiled two significant initiatives with Propel Finance, reinforcing its commitment to strengthening finance options for UK small and medium-sized enterprises (SMEs). Announced recently tis month, the moves include a fresh £75 million warehouse facility under the ENABLE Funding program and… Read More

June 17, 2026 @ 10:09 am By JD Alois  |  

Plasma has announced the launch of a stablecoin neobank called Plasma One. As a neobank, it does not hold a regulated bank license but works with regulated entities to provide certain services. The stablecoin-native neobank app aims to compete with other established digital banks by… Read More

June 17, 2026 @ 8:12 am By Omar Faridi  |  

A new Xero study highlights a significant gap in the United Kingdom’s approach to nurturing its next wave of business founders. While many young people dream of launching their own ventures, insufficient financial knowledge and resources are holding them back, creating a sense of exclusion… Read More

June 17, 2026 @ 8:09 am By Omar Faridi  |  

Economists at KPMG UK have interpreted the most recent inflation release as reinforcing the need for a measured response from the Bank of England. Despite a rebound in services inflation, industry professionals attribute the movement primarily to temporary fluctuations rather than broad-based domestic cost increases…. Read More

June 17, 2026 @ 1:58 am By Omar Faridi  |  

Chainalysis has noted that Ghanaian and British law enforcement agencies have recovered approximately $15.1 million in cryptocurrency linked to a sophisticated investment scam. This case highlights the growing effectiveness of blockchain analytics in tracing and reclaiming assets from transnational fraud operations. According to insights from… Read More

June 16, 2026 @ 9:03 am By Omar Faridi  |  

GoCardless has been named the integrated payment solution for Intelligent Billing. This partnership creates a fully automated end-to-end billing-to-cash process, helping companies handle complex recurring revenue models more efficiently. The collaboration integrates GoCardless’s bank payment capabilities— including Direct Debit and open banking—directly into the Intelligent… Read More

June 15, 2026 @ 2:10 am By Omar Faridi  |  

Criminals stole nearly £1.28 billion through payment fraud in 2025, according to the latest annual figures from UK Finance, marking a 4% rise from the previous year. The data underscores how fraud has evolved into a large-scale operation that endangers individuals, companies, and the broader… Read More

June 14, 2026 @ 10:59 pm By Omar Faridi  |  

Ten years on from the Brexit vote, UK Finance has released a detailed report in partnership with law firm Freshfields, proposing a fresh strategic approach to ties between Britain and the European Union in the financial sector. Titled Unlocking Growth Through a Stronger UK-EU Financial… Read More

June 12, 2026 @ 7:11 pm By Omar Faridi  |  

A new report states that the UK now claims Europe’s largest private capital market, representing about a quarter of continental European private equity (PE) deal activity over the past decade. Yet its public markets have struggled, with the London Stock Exchange (LSE) losing ground as… Read More

June 12, 2026 @ 8:04 am By Omar Faridi  |  

UK Finance has indicated that lending to small and medium-sized enterprises (SMEs) across the UK surged in early 2026, marking a notable recovery in business finance activity. According to the latest Business Finance Review from UK Finance, gross lending to SMEs climbed 16 percent compared… Read More

June 12, 2026 @ 4:21 am By Omar Faridi  |  

Recent economic data from the UK has prompted a somewhat cautious analysis from the professionals at KPMG. The professional services firm points to persistent challenges stemming from elevated energy prices that continue to hinder a rebound in household consumption. As families brace for notable rises… Read More