Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
UK
Crypto, tax and HMRC – making sense of new UK guidelines
Each case will be looked at individually to understand the true nature of the transactions.
Data manager Spinr spins into view for fintech SMEs
UK firm offers cloud-based data and API integration platform.
FCA appoints new chair for Financial Services Consumer Panel
Wanda Goldwag will start role from 1 March 2019.
Life insurance is DeadHappy with pay-as-you-go launch
UK-based insurtech start-up awakens to walk the land.
Scotland’s SME challenger bank AlbaCo readies for launch
Glasgow-based entity plans to be ready in early 2020.
UK challenger bank Griffin gears up for wholesale launch
Plans to provide fintechs with custodial accounts and interbank payments.
First Direct and Bud buddy up for open banking action
Offering third-party products through the bank’s app.
Mojo Mortgages gets its mojo working with £7m funding
UK firm’s Series A funding round led by NVM and Maven.
Stripe leads $40m funding round in paytech Rapyd
Fintech-as-a-Service platform looks for Rapyd success.
UK challenger bank Starling secures £75m for European expansion
Series C funding round led by Merian Global Investors
Crypto compliance provider Chainalysis collects $30m funding
Series B financing round supported by Accel and Benchmark.
UK fintech investment reaches record $3.3bn
Industry body Innovate Finance serves up the stats.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
Diamond Bank UK in tech review
Diamond Bank UK ponders the replacement of the Flexcube core banking system from Oracle FSS.
Citi and HSBC capitalise on Capitolis FX tech
Streamlining the novation processes.
Visa fights back against Mastercard with £247m Earthport offer
Payments firm Earthport is being fought over by two well-heeled lovers.
Ursa Finance bears down on UK challenger banks
UK challenger wants to de-automate banking.
SoftBank leads $440m funding round in UK challenger bank OakNorth
Plans expansion in North America.
Innovating at scale: to compete with fast-rising challengers, banks need to gain agility
How large established financial brands can draw lessons from challenger banks’ customer-centric success.
Lloyds unleashes open banking app
Follows in the wake of Barclays.
E-commerce: the biggest overseas markets for UK consumers
Consumers in the UK buy a higher proportion of goods from overseas than almost any other wealthy country.
Barclays has nod and Bink for loyalty programmes
Barclays leads an investment round of £10 million into the start-up.
UK and Canada unveil tech innovation competition
Open to ideas in artificial intelligence, internet of things, blockchain and cybersecurity.
UK regulator urges vigilance over investment scams
Last year was a shocker. Action Fraud reveals over £197 million of reported losses.
NatWest and RBS tap FreeAgent for SME account feeds
“A first for accounting software in the UK.”
Facebook buys blockchain firm Chainspace
It may be looking to move towards the payment space.
PXP Financial lands to offer payments for merchants
UK firm aims to expand to capital management.
Savings start-up Moneycado fires up for travellers
UK firm says it is building the world’s first savings account for travel.
Phoebus Software wins new client in lending space
UK-based Business Lending Group signs a five‐year contract.
Digital Isle of Man unleashes blockchain office and sandbox
No plan is an island.
Kraken acquires UK trading platform Crypto Facilities
No specifics but it is a “nine-figure deal”.
Funding Options launches in Netherlands with ING
A partnership six months in the making.
JP Morgan takes minority stake in Smart Pension
UK-based pensions provider has now raised a total of £50 million in funding.
Alt credit scorer Aire heads to $11m funding
Takes the company’s total funding to $23 million.
HSBC, ANZ and Goldman Sachs back Bud’s $20m funding
UK-based personal finance firm backed up by big name buddies.
Starling Bank preps for Irish licence with euro accounts
CEO is in Ireland today and UK challenger bank is also gearing up for Brexit.
Goldman Sachs and Amex join Better Mortgage’s $70m funding round
US-based digital lender plans partnerships and recruitment.
Suits Me sir! HooYu brings verification to banking start-up
Have you thought of a colour, sir? We have some excellent Blue Serge.
CYBG banking shifts up a gear with Red Hat
UK bank unites digital operations on OpenShift container platform.
