Bank of England tests financial sector’s cyber strength
Readying for resilience in a risky world.
UK
Zopa closes £60m funding for bank dream
Largest funding round to date.
Jaja Finance receives £3m funding to launch card
Equity crowdfunding led by Blystad Group and Pollen Street Capital.
Coconut smashes crowdfunding goal in a day
Over £650k raised, from an initial goal of £500k.
Lloyds to up digital game with Thought Machine
Takes a £11m investment – 10% stake.
Three UK and Meniga team for Wuntu Money app
Exclusive from Meniga’s FIN42 event in Iceland.
Cash management app Slide glides into the market
So SMEs can take control of their finances.
Lloyds axing 6,000 jobs and creating 8,000 new ones
On the back of its digital revamp strategy.
RBS tests its SME digital entity Mettle
New standalone entity is looking for early access applications.
London-based bank Dozens about to launch
Previously called Project Imagine.
Credit Karma acquires Noddle to launch in UK
Financial health company is once again expanding with sixth acquisition.
Fintech Sharegain raises $5m and rolls out securities lending platform
It has raised a total of $12m so far.
Top fintech stories this week – 2 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Vizolution evolves with £10m funding from three major banks
Santander, Royal Bank of Scotland, and HSBC supporting the Wales-based tech supplier.
Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
UK challenger bank MoneeMint secures funding
Aspires to be the UK and Europe’s first completely digital ethical bank.
Monzo closes £85m round as it plans more crowfunding
In its quest for a £1.5bn valuation.
Freetrade set sails for early access roll-out
Founded by André Mohamed and Adam Dodds.
BGL Group acquires PFM app Bean
BGL will buy Saverd, the company behind personal finance management (PFM) app Bean.
Top fintech stories this week – 26 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Yoyo Wallet lands $30m deal with Hard Yaka
UK payment and loyalty app Yoyo Wallet entered into a major partnership agreement.
Futrli lands £4m funding in Series A round
Futrli was born from its founder’s “own typical experience as a small business owner”.
NatWest at Sibos – partnerships and collaboration
An interview with Martin Fiddaman, from NatWest.
Banking tech and lendtech vendor Sword Apak sold to Sopra Steria
Sword Apak will be merged into the Sopra Banking Software business.
Co-operative Bank embraces open banking with Fiserv’s tech
Fiserv’s cloud-based FinKit for Open Banking will help Co-op Bank comply with PSD2.
UK regulator launches Green Fintech Challenge
Aimed at firms developing green solutions that need regulatory support to bring their proposition to market.
UK financial sector unites for Financial Sector Cyber Collaboration Centre
UK banks, securities exchanges and insurance firms are joining forces to fight cybercrime.
Brickblock teams with solarisBank and JTC for blockchain real estate projects
Putting real estate investments on a blockchain.
Monese ventures into business banking
UK and European challenger bank Monese has launched its Monese Business account, available in 11 languages.
NatWest launches “revolutionary” syndicated lending platform
The platform based on Finastra’s Fusion LenderComm.
BBVA and Anthemis create hub to nurture next gen start-ups
BBVA and Anthemis Group to build a venture creation studio in London.
UK retail payments authority seeks strategic tech partner
Pay.UK seeks partner to “collaboratively deliver the future of payments in the UK”.
Moneynetint integrates with Ripple for cross-border transfers and FX
The firm has already begun to receive payment instructions from two other network partners.
Azimo takes on business payments
A cheaper alternative for SMEs.
Newcomer Anglo-Gulf Trade Bank to shake up trade finance market
“The world’s first digitally-enabled trade bank” will open for business in early 2019.
New insurtech Coverly prepares for launch
On demand products aim to launch in Q1 2019.
Form3 helps LHV Bank connect to UK Faster Payments
LHV will join the scheme as a directly connected participant (member) in 2019.
UK GAME stores launch in-store digital credit assessment with Mobile for Credit
Keep your finances between you and your digital device.
Amex brings SME financing to UK with ezbob
SMEs can apply for a loan in ten minutes – and, if successful – receive funds on the same day.
Starling Bank expands white label banking services
Allowing every company to offer banking services.
