London
9 Rising UK Fintech Startups to Watch in 2020
In 2019, UK fintechs attracted US$48 billion in funding, reaching a six-year high, according to KPMG’s Pulse of Fintech H2’2019 report. The UK accounted for half of Europe’s ten biggest deals and over 80% of the region’s overall fintech funding
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Crypto Scams Rampant in the UK Amidst COVID-19
Fraudsters are taking advantage of the coronavirus crisis in the UK. These scammers, claiming to be affiliated with either the World Health Organisation (WHO) or the U.S. Centers for Disease Control (CDC), purportedly sent malicious text messages to residents of
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What is Revolut Junior?
Revolut thinks that kids and teens need to learn about money. That’s why they introduce “Revolut Junior”, a safe and easy way for parents and guardians to teach kids essential financial skills for life. What is Revolut Junior? Revolut Junior
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Revolut Goes Open Banking
In pursuit of its goal to give people greater control over their financial lives, Revolut has launched Open Banking for all UK customers using TrueLayer Revolut has chosen Truelayer as their Open Banking platform, giving them secure, reliable access to
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ING spins out Bond Analytics platform Katana into a new Fintech Firm
ING has spun out Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper investment decisions, into a London-based standalone company called Katana Labs. ING Ventures will invest a further £1.5 million alongside other investors, as part of
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Digital-First Challenger Banks from the UK- The List
In the UK, digital-first challenger banks have taken the banking industry by storm. In the next year, digital challenger banks will have a combined customer base of 35 million, tripling their customer bases of 13 million people today, according to
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UK’s Fastest-Growing FinTech Companies: Deloitte Fast 50 Winner
Deloitte has announced its selection of this year’s 50 fastest-growing technology companies in the UK, naming digital banking unicorn Revolut as the top tech company. Deloitte’s 2019 UK Technology Fast 50 awards recognize and rank the top 50 tech companies
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Santander Invests £350 Million in an FX Facilitator for SME
Banco Santander announced a strategic investment in Ebury, the best-in-class trade and foreign exchange facilitator for small and medium-sized companies, for £350 million (approximately €400 million). The investment, which fits Santander’s digital strategy of accelerating growth through new ventures, will
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UK Free Trading Platform Completes $15m Funding
Freetrade concluded $15m in fundraising in 2019, led by a $7.5m Series A investment from one of Europe’s tech-focused VC funds, Draper Esprit, pending FCA approval. This follows the previous $7.5m crowdfunding campaigns earlier this year. The funds will enable
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Can Germany Overtake The UK As The No 1 Fintech Location In Europe?
The UK has long been a world leader when it comes to fintech, but uncertainties surrounding Brexit, and the rapid rise of fintech hubs across continental Europe, have pushed the financial services industry to consider alternatives and prepare for the
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