London

Lloyds Invests £10Million in Digital ID Firm Yoti

Lloyds Banking Group has invested £10 million in digital identity company Yoti to develop its new digital identity solution that will be launched later this year. Yoti offers a range of digital identity solutions that make it simple for people

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London Challenger Bank Allica Bank Raises £100M Series C Funding

Allica Bank, a fintech SME challenger bank in London, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Management. With this investment,

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Cloud Infrastructure Deal: LSEG and Microsoft Launch 10-Year Strategic Partnership

London Stock Exchange Group (LSEG) and Microsoft have entered into a new long-term strategic partnership to architect LSEG’s data infrastructure using the Microsoft Cloud, and to jointly develop new products and services for data and analytics. The partnership will build

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UK Fintech 9fin Raises $23 Million Series A+ to Accelerate Growth Plans in North America

9fin, an analytics platform for debt capital markets, today announced a $23 million Series A+ led by new investor Spark Capital with participation from existing investors Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. Spark Capital General Partner,

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Curve Secures $1 Billion Deal From Credit Suisse

Curve, the London based financial super app, announced that the company has closed a deal to fund its first $1 billion in loans with a facility provided by Credit Suisse, enabling Curve to scale its lending business, Curve Flex, across

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Conferma Pay, Sabre and Mastercard Issue B2B Virtual Travel Payment Cards

UK virtual corporate card provider Conferma Pay and US travel tech company Sabre have partnered with Mastercard to issue virtual cards for B2B travel payments. The solution involves generating single use card numbers to enable travel buyers and suppliers to

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BVNK Acquires System Pay Services to Provide Licensed E-Money Services

UK crypto payments platform BVNK has acquired payments company System Pay Services for its Electronic Money Institution (EMI) license after receiving Financial Conduct Authority (FCA) approval. The EMI license enables BVNK to broaden its product offering to include e-money services,

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Quid Launches Multi-Currency Wallet for SMEs With Visa’s Currencycloud

UK business banking platform Quid Global and cross-border payments platform Currencycloud have partnered to launch Quid’s multi-currency global wallet for businesses. The integration with Currencycloud will provide Quid’s SME clients with a multi-currency wallet that can convert between EUR, GBP,

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Estonia’s Kriptomat Partners Volt for Real-Time Payments for Crypto Trading

Estonian crypto platform Kriptomat has partnered with UK payment gateway provider Volt to enable customers to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies. Prior to integrating with Volt, Kriptomat customers used bank transfers, credit cards and e-wallets

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UK’s Starling Bank Blocks All Transactions to and From Crypto Platforms

London-based Starling Bank recently announced in a text to its users that it has decided to block all incoming and outgoing transactions to crypto exchanges and other crypto platforms. Starling Bank says that while the technology and thinking behind cryptocurrencies

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