Tagged: united kingdom

March 27, 2024 @ 9:24 am By JD Alois  |  

CapitalRise, a marketplace that enables smaller investors to participate in prime UK property developments, is reporting a £4.9 million loan for a Chelsea property. The financing closed in just four weeks. The funding follows the announcement that CapitalRise has received the backing of an unnamed… Read More

March 27, 2024 @ 8:36 am By Omar Faridi  |  

Inflation is expected to return to its 2% target in the first half of the year, which should pave the way for interest rate cuts from the summer, according to an update from KPMG UK. Interest rates are forecast to fall by 100 basis points… Read More

March 27, 2024 @ 8:34 am By Omar Faridi  |  

Qover, the insurtech firm focused on embedded insurance orchestration, announces its partnership with UK-based credit card Fintech Yonder, offering its members a seamless and comprehensive travel insurance experience. Yonder, a lifestyle credit card with a unique rewards program, claims that it “is elevating the insurance… Read More

March 26, 2024 @ 10:54 pm By Omar Faridi  |  

SmartSearch, a UK provider of digital compliance and anti-money laundering (AML) software, has today announced it has signed an agreement to receive a significant equity investment from Triple Private Equity. With its investment, Triple will now take “a majority share in the business and will… Read More

March 26, 2024 @ 12:00 pm By JD Alois  |  

British Patient Capital is providing an update on its Future Fund program. The entity reports that funds dedicated to early-stage “deeptech” and “life sciences companies” stating that it has invested £111.4 million into 16 companies, alongside £724 million of third-party capital investment since August 2023…. Read More

March 26, 2024 @ 8:54 am By Omar Faridi  |  

NatWest Group has announced a new package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures. Through a new ambition of £5billion of lending (New funding gross of repayments… Read More

March 25, 2024 @ 8:51 am By Omar Faridi  |  

The number of UK sectors reporting output growth hit a 10-month high in February, with companies indicating rising demand and spreading business optimism, according to the latest Lloyds Bank UK Sector Tracker. In February, 10 of the 14 UK sectors monitored by the Tracker reported… Read More

March 23, 2024 @ 3:48 pm By Omar Faridi  |  

KPMG UK launches the fourth edition of its Financial Services Regulatory Barometer, providing a biannual measure of the regulatory pressure faced by financial services firms in the UK and EU. The latest aggregate Regulatory Impact Score “stands at 7.3 (out of 10), up from 7.2… Read More

March 23, 2024 @ 8:12 am By Omar Faridi  |  

New analysis conducted by the Centre for Economics and Business Research, on behalf of PensionBee, reveals that over £50 billion pounds in hard-earned pensions are at risk of being misplaced in abandoned accounts or scattered across multiple lost pots. The new research estimates that “at… Read More

March 21, 2024 @ 7:45 am By Omar Faridi  |  

The British Business Bank has launched its new Northern Powerhouse Investment Fund II, a £660m fund set to cover the entire North of England. The Northern Powerhouse Investment Fund II (NPIF II), aims to “build on the success of the initial fund, with the purpose… Read More

March 21, 2024 @ 7:39 am By Omar Faridi  |  

UK Fintech Kriya is reportedly advancing £500 million to businesses banked by Barclays. Kriya has commented on their partnership in a new blog post. According to Kriya, a major part of their business success is “down to the organizations they partner with and the merchants… Read More

March 21, 2024 @ 7:37 am By Omar Faridi  |  

Small firms continue to face a challenging macroeconomic environment, as sales growth in the December festive period hit a three-year low, according to the Xero Small Business Insights (XSBI) data from global small business platform Xero – which covers the three months to December 2023…. Read More

March 20, 2024 @ 10:51 am By JD Alois  |  

CapitalRise, an online investment platform focusing on Prime property in the UK, has boosted its funding ability by 50%, according to a statement issued by the firm. While not providing hard numbers, the institutional funding is from an unnamed UK investment manager and is an… Read More

March 20, 2024 @ 9:38 am By Omar Faridi  |  

DNA Payments Group, an omnichannel payments company in the UK and EU, and sunday, a restaurant payment solution, have shared an update. The Fintech firms say that they will jointly exhibit on Stand h1063 at Hotel, Restaurant & Catering, ExCel in London from March 25th… Read More

March 19, 2024 @ 9:19 am By JD Alois  |  

LarrainVial, one of the largest financial services groups in Chile, has acquired a 25% ownership stake in Aubrey Capital Management. The investment is part of a strategic partnership between the two firms. Aubrey, based in Edinburg and London, is a specialist boutique manager primarily focused… Read More

March 19, 2024 @ 8:55 am By Omar Faridi  |  

Privat 3 Money (P3), which claims to be one of the UK’s Wealthtech innovators, has  released a significant update to its advanced mobile trading platform. In its continued commitment to providing a holistic financial experience, P3 has now integrated a live news feature into its… Read More

March 18, 2024 @ 10:45 pm By Omar Faridi  |  

Metro Bank has enhanced its maximum loan sizes for residential properties. Metro Bank noted in a blog post that the changes mean that loans up to 90% LTV will have “a maximum loan amount of £1.25m, and loans up to 85% LTV will have a… Read More

March 18, 2024 @ 8:33 am By Omar Faridi  |  

Archax, the FCA regulated exchange, broker, and custodian for digital assets, announced a strategic partnership with Talos, the institutional crypto trading platform. Through this partnership, Archax says that it will “leverage it’s FCA cryptoasset registration combined with the market-leading capabilities of the Talos platform to… Read More

March 17, 2024 @ 11:52 pm By Omar Faridi  |  

Allica Bank – a digital bank for established businesses with 10 or more employees – has announced partnerships with accounting software platforms Sage and Xero. The direct integrations will mean Allica Bank business current account customers that use Sage and Xero can “have their account… Read More

March 16, 2024 @ 3:20 pm By Omar Faridi  |  

Securities crowdfunding platform Seedrs is partnering with Outpace, a digital legal solution for startups powered by law firm Taylor Wessing. According to Seedrs, issuers that are raising – or having previously raised – money on Seedrs can now access legal solutions and advice from Outpace at “a… Read More