Tagged: united kingdom

February 26, 2024 @ 10:04 pm By Omar Faridi  |  

Archax, which claims to be the only UK Financial Conduct Authority (FCA)-regulated digital asset exchange, broker, and custodian, has recently announced the introduction of its Stablecoin Yield Service. This service reportedly enables individuals with assets in stablecoins (or crypto-assets that are supposed to be pegged… Read More

February 26, 2024 @ 11:18 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF),  Cambridge SupTech Lab, has shared a survey on the adoption of Suptech or Supervisory Technology, showing an increase in initiatives.  CCAF and the Lab are both part of the Cambridge Judge Business School. CCAF is the leading global… Read More

February 26, 2024 @ 8:00 am By Omar Faridi  |  

Property finance provider CrowdProperty has appointed a new Head of Intermediaries as it sets its sights on doubling its broker network. The online investment platform allows smaller investors to participate in the property finance marketplace. Steve Smith joined the company earlier this month (February), “bringing… Read More

February 25, 2024 @ 10:21 pm By Omar Faridi  |  

Molo says it is pleased to announce the launch of Expat buy-to-let mortgages which are said to be specifically tailored for British Nationals residing abroad. Expat fixed-rate mortgages are reportedly “available from 4.99% up to 70% loan-to-value (LTV) and 5.24% up to 80% LTV.” As… Read More

February 25, 2024 @ 9:17 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure that prioritizes sustainability, has announced the appointment of Jason Tucker-Feltham as the company’s new Head of Sales. Tucker-Feltham is said to be “an experienced crypto sales, business development and capital introduction professional.” Prior to joining Zumo, he had reportedly… Read More

February 23, 2024 @ 2:49 pm By JD Alois  |  

WiseAlpha, an online investment platform providing access to corporate bonds based in the UK, is raising money on Crowdcube. Offered to both EU and UK investors, WiseAlpha has already topped its initial funding hurdle of £500,000. As of today, £1.05 million has been raised from… Read More

February 22, 2024 @ 9:17 am By Omar Faridi  |  

Revolut, the UK’s fintech with more than 35 million customers worldwide, has recently announced the launch of an advanced scam detection feature to help protect customers from card scams. Revolut customers can now experience “an added layer of security protection, on top of the technology… Read More

February 22, 2024 @ 8:40 am By JD Alois  |  

While SyndicateRoom is not posting all portfolio returns for individual firms for their various vintages, the online investment platform is selecting some of the most successful offerings as per current valuations. First, SyndicateRoom reports that their 2020 vintage is up by 47%, their  2021 cohort… Read More

February 22, 2024 @ 7:30 am By Omar Faridi  |  

KPMG UK and Blue J announced that they will launch a new generative AI powered product to answer challenging tax research questions in seconds. KPMG will have exclusive access “to the tool, Ask Blue J, among the big four accountancy firms in the UK for… Read More

February 22, 2024 @ 4:00 am By JD Alois  |  

Bob Wigley, the Chairman of UK Finance, has joined the Board of Directors of R3. UK Finance is a group that advocates on behalf of the UK financial services industry, representing over 300 individual firms. The group aims to drive innovation and help to shape… Read More

February 21, 2024 @ 10:05 pm By Omar Faridi  |  

Manchester headquartered specialist lender, Assetz Capital, has launched a new Planning Assistance Loan product, aimed at supporting the conversion of commercial buildings in to residential dwellings The new product solution is specifically designed “to help experienced property developers acquire commercial buildings, with the intent of… Read More

February 21, 2024 @ 8:28 am By JD Alois  |  

Regulatory services firm Englebert has been approved by the UK Financial Conduct Authority (FCA) to approve crypto asset promotions. The registration is viewable here. Englebert described the approval as a “groundbreaking milestone.’ Englebert is a new company but claims decades of experience within the company…. Read More

February 21, 2024 @ 7:52 am By Omar Faridi  |  

Pepper Advantage, a global credit intelligence company, announces the appointment of Aaron Milburn as UK Managing Director. Aaron will reportedly “lead Pepper Advantage’s UK business, which manages a portfolio of £20 billion in assets under management, effective immediately.” He is taking over from Gerry McHugh,… Read More

February 19, 2024 @ 11:36 pm By Omar Faridi  |  

UKs Blend Network, which was once described as a peer to peer (P2P) lending service provider but has now become a specialist development finance lender, recently introduced a bridge product intended to support property developers across the United Kingdom. The Blend Network team has explained… Read More

February 19, 2024 @ 6:40 pm By JD Alois  |  

Bryan Zhang, the co-founder and Executive Director of the Cambridge Centre for Alternative Finance (CCAF), has been appointed to the Board of the UK Financial Conduct Authority (FCA). Zhang commenced his initial three-year term as a non-executive Director today (February 19, 2024). The FCA is… Read More

February 19, 2024 @ 11:48 am By Omar Faridi  |  

The latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, highlighted that ongoing uncertainty around the economic outlook continued to impact hiring decisions at the start of the year. Permanent placements fell at “a sharp and accelerated pace, while the downturn… Read More

February 19, 2024 @ 10:01 am By Omar Faridi  |  

A study from Juniper Research, the researchers focused on payments markets, has found that savings from the adoption of payment automation systems will “allow reinvestment in revenue-generating activities; driving an 18% growth in UK B2B payments by 2028, from 8.7 billion in 2024.” Automation of… Read More

February 19, 2024 @ 9:20 am By Omar Faridi  |  

Revolut is reportedly preparing to introduce a digital assets exchange that will aim to serve advanced or professional crypto traders. As widely reported, Revolut already provides standard cryptocurrency-focused services to around 30 million clients. The new crypto exchange will reportedly aim to provide competitive fees… Read More

February 18, 2024 @ 10:14 pm By Omar Faridi  |  

‍Small business optimism returns in 2024, as half of SMEs anticipate growth this year, according to new research from iwoca – one of Europe’s small business lenders. As noted in the update from iwoca, nearly half (47%) of small business owners “surveyed expect that their… Read More

February 18, 2024 @ 12:37 pm By Omar Faridi  |  

The New Startup Index from NatWest and Beauhurst has found that over 900,000 new companies were incorporated in the UK in 2023, making it a record year for new businesses. The startup boom brings the number of active companies “operating in the UK to 5.31m,… Read More