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Funding London

UK Launches 1Bio GBP Growth Stage Fintech Fund

UK FinTech Growth Partners announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth stage FinTechs as they scale. With backing for the initiative already secured from industry leaders Barclays,

AI Cloud London

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

London

Charlotte Crosswell Appointed as Chair of UK’s New Fintech Hub CFIT

The UK’s newly established Centre for Finance, Innovation and Technology (CFIT) has named Charlotte Crosswell OBE as its first Chair, starting on 4 January 2023. Crosswell is the current Chair and Trustee of the Open Banking Implementation Entity (OBIE). Previously,

Funding London

Wise Closes £300M Syndicated Debt Facility Led by Silicon Valley Bank UK

London-based global remittance firm Wise has closed a £300 million capital facility in a financing round led by Silicon Valley Bank UK, with six other banks participating. The syndicated facility, which was arranged by the bank’s corporate finance team, has

London USA Wealthtech

London Stock Exchange Inks US$325 Million Deal to Acquire TORA

The London Stock Exchange Group (LSEG) announced that it has agreed to acquire TORA, a US-headquartered cloud-based technology provider that supports customers trading multiple asset classes across global markets, for US$325 million. The acquisition is expected to close later this