Starling Bank losses doubled to £52m
The company hired hundreds of employees and focused on attracting new customers.
The company hired hundreds of employees and focused on attracting new customers.
The fintech was forced to delay launch due to COVID-19.
UK regulator worried merger may prevent new entrants scaling up in the UK.
The UK is a notable eight ahead of second-place Malaysia.
The EPA says the FCA should have reached out to it.
If they don’t believe they are part of the problem, nothing will really change.
Founder Elizabeth Varley puts the business’ collapse down to COVID-19.
Cloud adoption in North America amongst major banks is still in its infancy.
The fintech has raised £100m in debt financing to extend its own support.
“We never planned to launch a bank during a global pandemic,” says the CEO of Monument.
The challenger aims to launch in the first quarter of 2021.
Bank admits that the pandemic casts “significant doubt” on its ability to continue operations.
LSE exploring options to push through $27 billion acquisition.
Accenture comes out on top of a public procurement process.
The pair plan to create a joint offering for customers in Italy and the UK.
Wipro plans a “transformation” on Metro Bank’s testing.
Jones was previously Sopra Banking Software’s CTO.
It does not mention what proportion of the bank’s current senior team are Black.
The government wants to digitise more of its debt advice service.
The start-up was co-founded by former Capital One employees.
Scott Weller previously spent a six-year stint at PayPal.
The firm says it’s seen a 43% uplift in its value since May 2019.
It brings the firm’s Series B round to $125 million.
Leda Glyptis will no longer be the Foundry’s CEO.
Davies says his departure is on good terms.
NatWest, Royal Bank of Scotland, Ulster Bank, and Coutts are all to use Scout.
It is currently applying for a banking licence with the Financial Conduct Authority (FCA).
Last year, the sandbox recieved a record 99 applications.
Some £12 million of its Series A counts for equity, whilst the rest is debt.
Flex promises money management and savings tips for users.
The anti-fraud AI firm has raised $90m to date.
FinTech Futures sits down with Magdalena Kron, who leads Rise London’s team.
Bueno promises a range of services to manage second homes.
Kerigan was previously the managing director for Future Payments at Barclaycard.
The UK bank is acquiring an undisclosed minority equity stake in Form3.
To date, Plum has raised $19.3 million.
Encompass technology implemented into Accuity’s Bankers Almanac solution.
The new deal is hailed as a “step change” in the pair’s relationship.
The Reserve is built green “from inception”.
The app is part of Virgin Money’s wider digital transformation strategy.