London VC firm unveils $20m fund to back student ‘deeptech’ innovation April 21, 2022 A London-based venture capital firm has unveiled a new $20m fund today to pump into so-called ‘deeptech’ projects emerging from universities across the UK and Europe.
Funding Circle founder gets $30m injection for new Super Payments firm April 20, 2022 The founder of fintech lender Funding Circle has bagged $30m backing for a new payments startup aiming to take on behemoths like Visa and Mastercard.
PensionBee announces shift to London’s top market as it eyes up profitability this year April 14, 2022 Pensions fintech PensioneBee has announced a shift on the London Stock Exchange’s main market today as it eyes up profitability this year.
London lender Capital on Tap gets $200m backing for US push April 13, 2022 Small business lender Capital on Tap has bagged a $200m funding facility from HSBC and Värde Partners as it eyes a US growth spurt.
Plus500 rolls out $50m buyback programme after bumper results April 13, 2022 Fintech trading firm Plus500 has unveiled a $50m share buyback today after reporting bumper revenues for the first quarter of the year yesterday.
Zuck Bucks coming next month: Facebook’s Meta plotting its own money offering via crypto launch, NFTs and small business loans April 12, 2022 Meta, the owner of social media giant Facebook, is plotting to bring its own digital currency to the market, Zuck Bucks, named after its founder Mark Zuckerberg. In addition, the company is reportedly also looking to launch a number of traditional banking services, such as providing small business loans. Zuck Bucks will not be a [...]
Seedrs boss hits out at regulators for stifling growth April 6, 2022 The boss of crowdfunding firm Seedrs has hit out at UK regulators today claiming they are stifling the potential of UK startups.
Fintech industry slams Home Office after delays to scale-up visa April 5, 2022 The Home Office has been censured by the fintech industry today after announcing it would delay a fast-track visa scheme slated for delivery this month.
Moneycorp plots complete withdrawal from retail as fintech giant shifts focus to payments and banking April 5, 2022 Fintech giant Moneycorp plans to exit from its last remaining retail branches at Gatwick Airport. “Today’s announcement marks an end to the group’s retail franchise and an important step in its evolution from a UK foreign exchange business to a global payments and banking services provider,” the company said in a statement sent to City [...]
Ministers offer open banking boost with ‘smart data’ investment April 5, 2022 Ministers threw their weight behind the roll out of open banking technology yesterday as they confirmed a funding injection in the development of so-called ‘smart data’ in financial services.
