Truelayer signs payment initiation deal with UK government
The open banking firm has been added to the Payment Acceptance Framework.
The open banking firm has been added to the Payment Acceptance Framework.
The fintech says it has more than one million subscribers in just one year.
Transact Bank’s parent company Transact Pro will facilitate the payments.
The high street challenger bank wants Martin Boyle to help lead it back to growth.
More than 400 organisations were involved in the open sandbox.
FinTech Futures sat with Douglas Greenwell, reconciliation expert at Duco.
The round was led by JTC and Merian Chrysalis Investment Company Limited.
The bank has spent 8 weeks digitising 80,000 customer interactions.
British grime MC JME donated £1,200 to the Vibe community last week during one of its social media events.
The fintech is backed by Coldplay’s bassist Guy Berryman.
It is focused on using AI to streamline commercial partnerships.
The card is made up of 82% bio-sourced renewable materials.
Clear Book’s bank feeds will refresh four times daily.
The insurance platform expands its global footprint.
US CEO TS Anil will also be the bank’s UK CEO.
Onfido will automate WorldRemit’s KYC decision-making process.
CBILS grants have accounted for £7.25 billion in crisis cashflow for SMEs.
Prior to Santander, Patrick Flynn spent six years at Barclays as COO of its capital arm.
The fintech has also appointed a new CTO and CPO.
Edinburgh-based fintech prepares for next growth phase.
The fintech is due to launch sometime this summer.
The start-up says it will use its investment to help “reboot” the travel industry.
The card will launch in the UK and Europe in early Q4 2020.
The two have been working together since early 2019.
Tide is aiming to get loan delivery up and running today.
The investment values it at $110m, with the founders keeping a 40% stake in the start-up as part of the deal.
The fintech was valued at £2 billion last June.
The round is its sixth crowdfund to date.
Founded in 2000, Bexhill UK works with roughly 250 brokers.
The market needs to step up its efforts to better engage borrowers on their mortgage options.
The fintechs say the partnership will help more than 4,000 small businesses.
On 19 March, the Bank of England cut its base rate to 0.1%.
Anti-fraud company nabs new injection to support growth.
Hope springs eternal: discovering alternative lending in times of crisis.
“We have made every effort to protect every job,” says fintech.
These are seen by some to be a post-Brexit policy to ensure that the UK does not lag behind.
UK banks have seen a surge in demand for BBLS loans.
The newly-launched fintech has secured investment from Balderton Capital.
Coronavirus crisis opportunities for alternative lenders come with big risks.
This makes it the ideal tool to help SMEs through COVID-19.