Stay updated with the most recent news and in-depth coverage of fintech in the United Kingdom and beyond
Monzo, the leading UK digital bank, has announced its inaugural full-year profit in its latest financial disclosures. The neobank’s financial accounts reveal a remarkable turnaround, with revenues…
Mastercard has launched this week “Crypto Credential” a service aimed at simplifying peer-to-peer cryptotransfers. The service replaces traditional alphanumeric blockchain addresses with simple aliases, making transactions more…
The UK’s Financial Conduct Authority (FCA) has approved the first crypto exchange traded notes (ETNs) to be listed on the London Stock Exchange (LSE). The approval marks…
London-based FilmChain has successfully raised £2.8 million in funding to bolster its operations. The funding round, led by Holt IntersXion fund and backed by investors like Roca X,…
British fintech company Zopa Bank has achieved annual profitability for the first time, marking a significant milestone since its launch in 2020. The digital bank reported a pre-tax…
UK startup funding fell by 19% in Q1 of 2024, hitting late-stage investments hardest, according to Tracxn. Total raised: $2.5bn compared to $3.09bn in Q4 2023. Tracxn’s quarterly…
London-based financial services platform Tide is set to launch in Germany, extending its suite of offerings to small and medium-sized enterprises (SMEs) in Europe’s largest economy. Tide, renowned…
Lincolnshire-based company, Recap, is making waves in the world of cryptocurrency with its recent success in securing a £300k grant from Innovate UK. This milestone achievement propels Recap…
Monzo, the British fintech bank founded in 2015, has achieved a new milestone, securing a fresh funding round totaling $430 million (£339 million), spearheaded by Alphabet-owned CapitalG. This…
The fintech sector in London is grappling with a severe cash crunch, as evidenced by the recent warning issued by Monese, a City-based unicorn that offers current account…
To fortify its commitment to fostering innovation within the UK’s burgeoning tech sector, HSBC UK has announced a substantial injection of £100 million into its Growth Lending Fund.…
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…
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…
