FinTech - Page 6

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

OpenAI’s latest model resists shutdown in safety tests

OpenAI’s newest artificial intelligence model, ChatGPT o3, has shown signs of resisting shutdown commands in controlled

UK fintech sector hits 28 unicorns, led by Revolut

The UK’s fintech sector is now home to 28 unicorns, private companies each valued at over

Liberis Secures £89m Debt Funding to Fuel Global Expansion

London-based embedded finance provider Liberis has successfully raised £89 million ($112 million) in debt financing from HSBC Innovation Banking and BCI Capital. This significant capital injection will propel Liberis into new international

December 7, 2023

FinTech·TechCurrent

Eurobank Accelerates Fintech Presence with £8.6m Investment in Plum

Eurobank has invested €10 million (£8.6 million) in Plum, a London-based money-saving and investment app. The investment marks Eurobank’s strategic entry into the digital finance sector and signals its commitment to fostering

December 4, 2023

Business·FinTech·Shopping·World

NomuPay Acquires Manchester Fintech Total Processing for £28m, Accelerates Global Expansion

Irish payments platform NomuPay has acquired Manchester-based fintech firm Total Processing for a staggering £28 million ($35 million). The acquisition, a blend of stock and cash, propels NomuPay’s total valuation to an

December 1, 2023

FinTech·Premium

Robinhood Triumphs in UK Expansion After Previous Setbacks

Robinhood, the US-based stock trading app, is set to officially launch its services in the UK early in 2024, marking its third attempt to establish a presence in the country. The company,

November 30, 2023

Business·FinTech

Moneybox Triumphs with Profitability Milestone and Surpasses One Million Customers

London-based financial services platform Moneybox has achieved a significant milestone by attaining profitability, marking another success story in the flourishing fintech sector. The firm disclosed that it reached this pivotal point during

November 28, 2023

FinTech

The first Report on the impact of technology on the UK’s investment management sector is out

The United Kingdom is set to reshape its investment landscape as it embraces the world of fund tokenisation. A comprehensive report, produced by the Asset Management Taskforce, unveils a transformative vision that

November 24, 2023

FinTech·Innovation·Premium

Crezco Secures £9.6 Million Funding: Transforming SME Payments with Innovative Solutions

London’s Crezco, a burgeoning fintech startup, has secured a substantial £9.6 million in funding to bolster its cutting-edge invoice and payment services designed specifically for small and medium-sized enterprises (SMEs) engaged in

November 23, 2023

Business·FinTech

Triver Secures £20M in Funding to Transform SME Finance Landscape

London-based fintech Triver has secured an additional £20 million in debt financing from Avellinia Capital, a Luxembourg-based firm. This funding will empower Triver to extend its annual offering to over £200 million,

November 21, 2023

Business·FinTech

Rho Labs Secures $2.2 Million in Pre-Seed Funding to Revolutionize Derivatives Trading on the Blockchain

Rho Labs, a pioneering fintech startup, has just accomplished a significant milestone, securing a whopping $2.2 million in a pre-seed capital raise led by Speedinvest. Founded in the waning months of 2022,

November 17, 2023

FinTech·Uncategorized

Blockchain.com Navigates Crypto Downturn, Secures $110M in Series E Funding

Amidst the frosty climate of the crypto industry, marked by a prolonged bear market and the collapse of major players like FTX, Blockchain.com has emerged with a resilient funding feat. Despite the

November 15, 2023

FinTech·TechCurrent

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FinTech - Page 6

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

OpenAI’s latest model resists shutdown in safety tests

UK fintech sector hits 28 unicorns, led by Revolut

Liberis Secures £89m Debt Funding to Fuel Global Expansion

Eurobank Accelerates Fintech Presence with £8.6m Investment in Plum

NomuPay Acquires Manchester Fintech Total Processing for £28m, Accelerates Global Expansion

Robinhood Triumphs in UK Expansion After Previous Setbacks

Moneybox Triumphs with Profitability Milestone and Surpasses One Million Customers

The first Report on the impact of technology on the UK’s investment management sector is out

Crezco Secures £9.6 Million Funding: Transforming SME Payments with Innovative Solutions

Triver Secures £20M in Funding to Transform SME Finance Landscape

Rho Labs Secures $2.2 Million in Pre-Seed Funding to Revolutionize Derivatives Trading on the Blockchain

Blockchain.com Navigates Crypto Downturn, Secures $110M in Series E Funding

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