Tagged: united kingdom

April 24, 2026 @ 7:47 am By Omar Faridi  |  

KPMG indicated that London’s booming tech scene has propelled UK venture capital investment to its strongest quarter in four years, according to KPMG’s latest Venture Pulse report. In the first three months of 2026, British startups raised £7.2 billion, the highest total since the second… Read More

April 24, 2026 @ 6:29 am By Omar Faridi  |  

Lloyds Banking Group has joined forces with Connells Group and LMS to roll out a pioneering digital platform that promises to overhaul the homebuying experience across England and Wales. Launched recently this month, the initiative aims to create a seamless, end-to-end online process for residential… Read More

April 23, 2026 @ 3:32 pm By Omar Faridi  |  

ClearBank, a Fintech focused on real-time clearing and embedded banking services, has named Singapore-based Tazapay as its first client from the city-state. The announcement, made on 22 April 2026, underscores the growing momentum in cross-border payments and deepens connectivity along the vital Asia-Europe corridor. The… Read More

April 23, 2026 @ 9:17 am By JD Alois  |  

Coinbase (NASDAQ:COIN) said it would offer a pound-based stablecoin, tGBP, backed by fiat. The company announced the new issuance during UK Fintech Week, stating that a stablecoin was necessary to position the UK as a true global hub for crypto. The stablecoin is available now. Coinbase… Read More

April 23, 2026 @ 7:12 am By Omar Faridi  |  

Experian has introduced an innovative AI-driven tool called Transaction Forensics, marking a significant advancement in combating fraud and financial crime within the UK banking sector. Launched on April 22, 2026, the solution aims to equip financial institutions with real-time capabilities to identify and stop sophisticated… Read More

April 23, 2026 @ 12:01 am By Omar Faridi  |  

UK’s digital bank OakNorth, known for backing small and medium0sized business ventures, has extended a £50 million revolving credit facility to CLS Holdings, a specialist in transforming office and commercial real estate with a strong emphasis on sustainability. Established in 1992 by the Mörtstedt family,… Read More

April 22, 2026 @ 11:56 am By JD Alois  |  

City Minister Lucy Rigby discussed measures to advance tokenization at IFGS (UK Fintech Week) this week. As previously reported, measures include a single framework for traditional and tokenized payments, including stablecoins and tokenized deposits. The goal is part of the policy to “cement UK as… Read More

April 22, 2026 @ 11:35 am By JD Alois  |  

Folk2Folk, a UK peer-to-peer lending platform that operates physical locations, says it is boosting its focus on institutional money. To accomplish this goal, the company has hired Joanna Chan as Head of Strategic Capital. Chan, who joined the company in 2029, moves into the new… Read More

April 22, 2026 @ 8:30 am By JD Alois  |  

Asset Match has been approved to operate a Private Intermittent Securities and Capital Exchange System (PISCES), joining a couple of other firms that have also received regulatory approval. A platform must apply for a PISCES approval notice (PAN) from the Financial Conduct Authority (FCA). PISCES… Read More

April 21, 2026 @ 12:01 pm By JD Alois  |  

Today, HM Treasury introduced new measures to improve the payments sector and boost the ecosystem’s competitiveness. The policy incorporates items such as stablecoins, tokenized deposits, and more. HM Treasury highlights the fact that over 3000 Fintech firms operate in the UK, with the sector attracting… Read More

April 21, 2026 @ 11:22 am By Omar Faridi  |  

Lloyds Banking Group has announced a boost to its responsible artificial intelligence operations, recruiting a group of specialists to enhance oversight, ethical standards, and technical safeguards as the organisation pushes deeper into advanced AI applications. The move underscores the bank’s focus on balancing innovation with… Read More

April 21, 2026 @ 5:59 am By Omar Faridi  |  

Digital bank Revolut is strategically positioning itself for a significant public market entry by aiming for a towering $150 billion valuation. This goal forms part of a deliberate multi-year plan that could see the firm debut on the stock exchange around 2028, potentially outstripping the… Read More

April 20, 2026 @ 3:23 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) is now offering crypto-backed loans in the United Kingdom. According to a blog post, users may pledge crypto as collateral to gain access to USDC loans. Current assets available for collateral include BTC, ETH, and cbETH. Coinbase is working with Morpho to power the… Read More

April 20, 2026 @ 9:30 am By JD Alois  |  

Prosper Savings Limited, a Wealthtech platform that serves high-net-worth individuals, is raising money on Crowdcube. Part of a broader funding round, launched 12 March 2026 and closing 30 April 2026, so far 221 investors have committed £343,680. The company is raising equity capital at a… Read More

April 20, 2026 @ 8:52 am By JD Alois  |  

Capital.com, an platform that enables trading in stocks, crypto, CFDs and more, is reporting $1.27 trillion in client trading volume during Q1 2026. According to a company statement, this amount represents an increase of 11.2% from the same quarter last year. The total number of… Read More

April 20, 2026 @ 7:58 am By Omar Faridi  |  

NatWest Group has announced a major expansion of its flagship financial education initiative, extending it deeper into workplaces and community settings across the UK to help bridge a widespread gap in financial confidence. The move forms part of the bank’s broader commitment to strengthening economic… Read More

April 20, 2026 @ 3:05 am By Omar Faridi  |  

KPMG has noted that UK financial services companies are preparing for a notable expansion in their workforce this year, with artificial intelligence and advanced technology skills emerging as the primary drivers of recruitment. This optimistic shift is detailed in KPMG’s latest UK Financial Services Sentiment… Read More

April 20, 2026 @ 1:52 am By Omar Faridi  |  

The Bank for International Settlements’ (BIS) Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have published a detailed review concluding that the United Kingdom maintains a robust and largely compliant framework for overseeing two critical categories of financial… Read More

April 18, 2026 @ 6:55 pm By Omar Faridi  |  

UK’s Allica Bank, the self-described full-service digital banking platform that is dedicated to established small and medium-sized enterprises, claims it has delivered its strongest financial performance to date. This past year, the bank achieved its third straight year of profitability while significantly expanding its customer… Read More

April 17, 2026 @ 7:45 am By Omar Faridi  |  

There’s an ongoing race to adopt artificial intelligence and many UK financial institutions are discovering a harsh reality. A successful proof-of-concept is not the same as genuine enterprise readiness. According to a new analysis published by UK Finance, the industry’s heavy emphasis on isolated AI… Read More