London

Melon Launches NFT Trading Platform for Social Media Influencers

Melon, a London-based decentralised Non Fungible Tokens (NFTs) and Decentralised Finance (DeFi) platform, announced the launch of its NFT trading platform for social media influencers from Instagram, YouTube, TikTok and Twitch. These influencers are now selling their viral content as

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BNPL Adoption Soars in the UK

Buy now, pay later (BNPL) arrangements are growing exponentially in the UK, gaining traction amongst both consumers and businesses. Research by consulting firm Bain & Company found that BNPL is now used by 25% of e-commerce shoppers and 20,000 merchants

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PayPal Launches Mobile POS Solution “Zettle Terminal” for Small Businesses

PayPal announced the launch of the Zettle Terminal, its new, all-in-one point of sale solution that offers increased mobility in-store for small businesses. The Zettle Terminal will now be available in the UK beginning and will continue to roll-out across

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Onfido Acquires Biometrics Identity Verification Provider EYN

Onfido, a London-based identity verification and authentication provider, announced the acquisition of complementary solution provider EYN. Details of the transaction was not disclosed. EYN’s acoustic liveness technology will be incorporated into Onfido’s Real Identity Platform with its employees joining latter’s

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London Fintech Plum Bags US$14 Million in First Close of Its Series A

London-based money management app Plum announced the first close of its US$14 million Series A round to fuel its expansion plans in Europe. The company also announced a new crowdfunding round opening on Crowdcube later in October. Plum reports that

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Newly Minted Unicorn Zopa Raises £220 Million Led by Softbank Ahead of IPO

Zopa, London-based peer-to-peer lender and digital bank, announced its latest fundraise of £220 million led by Softbank Vision Fund 2 ahead of plans for an initial public offering (IPO) by late 2022 in London. CNBC reports that Zopa is now

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Payments Firm SumUp Acquires Fivestars for US$317 Million

SumUp, a London-based global payments service provider, announced the acquisition of Fivestars, America’s commerce network that combines a marketing platform with integrated payments, for US$317 million in a mix of cash and stock. The acquisition will enable both companies to

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German Asset Manager DWS Group Acquires Minority Stake in Smart Pension

Smart, a global savings and investments technology platform provider based in London, announced that DWS Group has acquired a minority stake in the firm by joining its £165 million series D funding round. The DWS Group is a German asset

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Advisory Firm Nebula Capital Partners Set to Launch BNPL-Focused Fund

London-based advisory firm Nebula Capital Partners (NCP) is launching a fintech lending focused fund project which bridges the gap between traditional and digital finance. NCP aims to bring the emerging asset classes of digital lending and embedded finance to professional

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London Fintech 9fin Secures £8 Million Series A Led by Swiss VC Redalpine

9fin, a London-based provider of data, news and predictive analytics for debt capital markets, has announced an £8 million Series A round to fuel its expansion into the US. The company will expand into the US market by opening a

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