FinTech

Stay updated with the most recent news and in-depth coverage of fintech in the United Kingdom and beyond

Okredo Secures €1.2M EU Funding to Develop AI-Powered Scoring System for 30 Million EU Companies

Okredo, a UK-based startup specializing in open data solutions, has secured €1.2 million in EU funding to develop a multi-modular AI/ML-driven scoring system valued at €1.5 million. This advanced system aims to

August 14, 2024

by Fabrice Iranzi

‘Buy Now Pay Later’ under scrutiny: What regulation coming in 2025 means for consumers and providers

The UK government is set to regulate Buy-Now, Pay-Later (BNPL) firms, bringing them under the supervision of the Financial Conduct Authority (FCA) after years of industry uncertainty. BNPL products, which allow consumers to defer payments, saw significant growth during the

October 18, 2024

by Fabrice Iranzi

Climate fintech Zero launches sustainable Money App targeting eco-conscious users

Zero, a Cardiff-based climate fintech, has launched its highly anticipated sustainability-focused money app. This innovative app

The future of wealth management as UK’s FCA and partners work on new frameworks for asset tokenization standards

The Financial Conduct Authority (FCA) has officially endorsed the first comprehensive industry report from ‘Project Guardian’,

UK fintech Ryft secures £5.7m to challenge payment giants

UK-based fintech startup Ryft announced a significant milestone with a £5.7 million Series A funding round, bringing its total funding to £7.4 million. This infusion of capital, led by EdenBase and including

April 9, 2025

FinTech

Abound secures £250M from Deutsche Bank to scale AI-powered lending, reaching £1.3B in funding

AI-powered credit technology firm Abound has secured up to £250 million in new financing from Deutsche Bank, further cementing its position as a leader in AI-driven consumer lending. This investment will enable

April 2, 2025

FinTech

Welsh fintech Burbank lands £5M to launch game-changing online payment tech

Burbank, a Welsh fintech company, has secured £5M in seed funding to launch its groundbreaking Card-Present over Internet (CPoI) technology, which brings in-store payment security to online transactions. CPoI is the world’s

March 27, 2025

FinTech

UK’s Elbow Beach Capital launches £80M fund to tackle climate tech’s $2 trillion funding gap

Elbow Beach, a UK-based climate impact seed investor, has launched its second fund, the £80M Climate Impact Fund 2, securing £63M in commitments, including up to £50M from the British Business Bank’s

March 24, 2025

FinTech

Marygold & Co launches UK fintech app with smart saving features

Marygold & Co UK (MGUK), a subsidiary of US-based fintech The Marygold Companies (TMC), has launched a new mobile banking and financial services app in the UK, now available on the Apple

March 20, 2025

FinTech

London fintech Atoa joins open banking race with FCA green light

Atoa, a London-based fintech startup, has secured approval from the Financial Conduct Authority (FCA) to operate as an Authorised Payment Institution, allowing it to launch open banking payment services in the UK.

March 15, 2025

FinTech

UK to abolish Payment Systems Regulator, merging it with Financial Conduct Authority

UK prime Minister, Keir Starmer has announced that the Payment Systems Regulator (PSR) will be abolished and its functions absorbed by the Financial Conduct Authority (FCA), as part of a wider strategy

March 12, 2025

FinTech

Kraken secures UK EMI Licence, bolstering its fintech credentials in Europe

The US-based cryptocurrency exchange Kraken has been granted an Electronic Money Institution (EMI) licence by the UK’s Financial Conduct Authority (FCA), paving the way for expanded services and deeper integration into the

March 12, 2025

FinTech

Image credit: Charlotte Crosswell OBE | Linkedin/Illustration ChattyLion/AI

The Centre for Finance, Innovation and Technology unveils digital company ID plan to combat £6.8bn business fraud in the UK

The Centre for Finance, Innovation and Technology (CFIT) has introduced a plan to tackle UK business fraud through digital company IDs, aiming to streamline operations and enhance security for businesses, especially SMEs.

March 6, 2025

FinTech

Arāya super angel fund raises £18.2M, backed by British Business Investments

Arāya Ventures, a London-based venture capital firm announced on Monday the completion of the second close of its Arāya Super Angel Fund at £18.2 million, with a £5 million commitment from British

March 3, 2025

FinTech

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FinTech

Okredo Secures €1.2M EU Funding to Develop AI-Powered Scoring System for 30 Million EU Companies

‘Buy Now Pay Later’ under scrutiny: What regulation coming in 2025 means for consumers and providers

Climate fintech Zero launches sustainable Money App targeting eco-conscious users

The future of wealth management as UK’s FCA and partners work on new frameworks for asset tokenization standards

UK fintech Ryft secures £5.7m to challenge payment giants

Abound secures £250M from Deutsche Bank to scale AI-powered lending, reaching £1.3B in funding

Welsh fintech Burbank lands £5M to launch game-changing online payment tech

UK’s Elbow Beach Capital launches £80M fund to tackle climate tech’s $2 trillion funding gap

Marygold & Co launches UK fintech app with smart saving features

London fintech Atoa joins open banking race with FCA green light

UK to abolish Payment Systems Regulator, merging it with Financial Conduct Authority

Kraken secures UK EMI Licence, bolstering its fintech credentials in Europe

The Centre for Finance, Innovation and Technology unveils digital company ID plan to combat £6.8bn business fraud in the UK

Arāya super angel fund raises £18.2M, backed by British Business Investments

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