Revolut seeking UK banking licence before year end
The neobank currently only has one banking licence in Lithuania.
The neobank currently only has one banking licence in Lithuania.
New CIO arrives to lead bank’s IT division.
UK watchdog calls for input on market use of advanced analytics.
The SoftBank-backed lender did see a slow down in its total loan facilities.
The bank is set to announce “the acquisition of an established ‘green’ lending business”.
Bean no longer accepting new sign-ups and set to close later this month.
Nancy Butler at B-North, shares her experience in banking this international women’s day.
FinTech Futures’ weekly news round-up.
The fintech connects users’ bank accounts under a single dashboard.
The bank is offering every British athlete an account with £100 in credit.
Fintech will have a significant role to play in the UK government’s plan for the nation to achieve financial wellbeing.
Innovative ways to make financial wellness happen.
Technology and operations teams will be hit hardest.
It has been in the works since October 2018.
AutoRek to help Nationwide “face into the future.”
Bridging lenders have clearly grown in confidence about the outlook for the UK economy.
SME insurance firms plans to triple its headcount in 2020
The deal amount is yet to be disclosed.
The venture now has a 50-person London-based team.
The bank’s tardiness in notifying affected clients and regulators led to concerns.
An agreement had yet to be finalised but a transaction could be struck in the coming weeks.
FinTech Futures’ weekly news round-up.
Checkout.com buys another module in the payments process.
This is expected after its next fundraise which will value the neobank at £1bn.
“I like to think of myself as a simple entrepreneur,” says Niknam.
The bank is paying back £50m of its fund from BCR.
Venture funding round to be used on new products and new hires.
The three firms blame changing customer behaviour for the downsizing.
Regulator’s former CEO Andrew Bailey called out for “tsunami of failure”.
The fintech has “significantly progressed” with its pre-application for a UK bank licence
The company says it is the largest fintech small business lender in Germany.
Banking Circle’s operation centers in the UK, Germany and Denmark will turn into bank branches.
Initially focusing on digital assets, the fintech will branch out to more traditional asset classes in the future.
It’s one of the first to evolve out of BBVA’s ‘Venture Creation Partnership’ with Anthemis.
The challenger wants to “accelerate daily usage of accounts”.
88% of the figure is made up of the Worldpay mega deal.
Neyber secured £100 million from Goldman Sachs in 2017.
Behavox’s investment would be the fifth Vision Fund capital injection for a UK firm.
The US bank has been in discussions with UK financial regulators.
FinTech Futures’ weekly news round-up.