London

Onfido Secures $100 Million to Set New Identity Standard for Digital Access

Onfido, a global identity verification and authentication company, announced that it has raised a $100 million round of funding from new and existing investors, including TPG Growth. This brings the total investment in Onfido to $200 million and accelerates the company’s

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AI Driven Fintech Completes Funding Round Led by Temasek and Kuehne+Nagel’s VC Firm

Previse, an artificial intelligence and data science fintech that gets suppliers paid instantly, announces an USD11 million funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech. Reefknot is

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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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