Tagged: united kingdom

April 7, 2025 @ 7:12 am By Omar Faridi  |  

UK Fintech Wise (LON: WISE), which has become known for its focus on low-cost international money transfers, is exploring a step toward joining the FTSE 100, the UK’s stock index. The company announced it has been “extensively consulting with shareholders on the optimal listing arrangements,”… Read More

April 4, 2025 @ 8:29 am By Omar Faridi  |  

Klarna, the AI-powered payments and shopping network, announces its launch with Eurostar, enabling travelers in the UK and France to book their journeys with flexibility. Customers checking out on Eurostar.com can now choose Klarna’s Pay in 3, allowing them to “split the cost of their… Read More

April 3, 2025 @ 8:37 am By JD Alois  |  

Fuse, founded by TrueLayer veterans, has raised $6.6 million in a funding round led by Northzone. Other investors include Flourish Ventures, Alter Global, and angel investors. Fuse is a payments Fintech targeting the MENA region. The company says it is focusing on the “payments bottlenecks”… Read More

April 3, 2025 @ 12:31 am By Omar Faridi  |  

Business confidence in the United Kingdom remained robust at 49% in March, maintaining its highest level since August 2024, according to Lloyds Business Barometer. This sustained high was driven by a significant boost in confidence among retail firms, which saw “a seven-point rise to 58%,… Read More

April 2, 2025 @ 10:59 am By JD Alois  |  

Big UK banks and big tech have joined together to commit to battling the ongoing fraud challenge which is impacting the financial services sector. Amazon, Barclays, BT, Google, HSBC, Lloyds, Nationwide, NatWest, Match Group, Meta, Monzo, Santander, and Three joined in signing a statement to… Read More

April 2, 2025 @ 10:33 am By JD Alois  |  

Ayan Capital says it has raised £25 million in Shariah-compliant financing from institutional debt provider Partners for Growth (PFG). Ayan says the commitment reflects the rising demand for Islamic financial products in the UK. Ayan Capital already provides halal business car financing, serving private hire… Read More

April 1, 2025 @ 9:44 am By JD Alois  |  

The British Business Bank has committed to an ENABLE Guarantee transaction of up to £100 million with Cynergy Bank PLC. The goal is to support its asset-based lending arm Cynergy Business Finance Limited expand its lending to UK small businesses. Cynergy offers invoice based lending… Read More

April 1, 2025 @ 8:49 am By JD Alois  |  

After setting an increase in capital gains taxes designed to fill a budget hole, the UK government has adjusted its expectations for an increase in tax revenue, dropping the amount by a whopping £23 billion. Rates are changing, going from 10% to 18% for lower… Read More

March 31, 2025 @ 8:11 am By Omar Faridi  |  

UK Chancellor Rachel Reeves recently delivered the Spring Statement, outlining the government’s economic priorities and forecasts for the year ahead. While the statement avoided major tax hikes or sweeping policy changes, it provided critical insights into inflation, economic growth, and the implications for personal finances… Read More

March 31, 2025 @ 8:08 am By Omar Faridi  |  

Confidence in retail investing is on the up, with the value of funds in UK stocks and shares ISAs increasing by “£209bn in the last decade,” according to analysis from investment platform Lightyear. The amount stashed away in stocks and shares ISAs and Personal Equity… Read More

March 30, 2025 @ 11:18 pm By Omar Faridi  |  

Keepr, an on-demand storage platform, is gearing up for a crowdfunding campaign on Republic Europe, offering investors a chance to back a growing player in the UK’s £2 billion storage and removals market. As of March 30, 2025, Keepr’s pre-registration phase is live at keepr.co,… Read More

March 28, 2025 @ 8:46 am By Omar Faridi  |  

Marking the tenth year of the NatWest Accelerator, NatWest is announcing its plan to expand its support to UK businesses by offering 10,000 entrepreneurs the chance to join its Accelerator community in 2025, while setting out a long-term strategy to “support the UK’s growth goals… Read More

March 28, 2025 @ 8:40 am By Omar Faridi  |  

UK Finance, a trade association for the UK banking and financial services sector, joined forces with Which?, a consumer advocacy group, to issue a compelling call to action in a letter addressed to the Chancellor of the Exchequer and the Home Secretary. This rare collaboration… Read More

March 27, 2025 @ 12:29 pm By JD Alois  |  

Lloyds Banking Group has partnered with Cambridge Spark to improve its AI capabilities across its senior management teams. Founded in 2016 by Dr. Raoul-Gabriel Urma, Cambridge Spark is a digital skills education provider. In a company statement, Lloyds said its “Leading with AI” program will… Read More

March 27, 2025 @ 10:23 am By JD Alois  |  

Zilch is highlighting that the Financial Times has declared it the fastest-growing Unicorn in the UK. According to the company, Zilch is a payments Fintech that has experienced 300% compound annual growth over the last three years. Earlier this year, Zilch was recognized by the… Read More

March 27, 2025 @ 1:52 am By JD Alois  |  

The Spring Statement, delivered by the Chancellor of the Exchequer, Rachel Reeves, provided much policy to ponder. Buried within the documents were references to PISCES, or the Private Intermittent Securities and Capital Exchange System—a private securities marketplace. While still in the works, PISCES aims to provide a… Read More

March 26, 2025 @ 10:52 am By JD Alois  |  

The Spring Statement is always a grab bag of policies claiming to solve just about every economic woe. The Chancellor of the Exchequer, Rachel Reeves, shared her policy vision for the future today, and once again, the delivery promised fixes to an economy that continues… Read More

March 25, 2025 @ 9:40 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has revealed its five-year plan, which will focus on four priorities. The FCA is a unique regulator as it holds a competition mandate: it must enable competition. Otherwise, the regulator pursues consumer protection and market integrity. Since 2023, the… Read More

March 25, 2025 @ 9:25 am By JD Alois  |  

Tomorrow, the Chancellor of the Exchequer, Rachel Reeves, will deliver the Spring Statement, and the Fintech industry will be watching closely to see how future policy will impact their sector and other changes that may affect the economy in general. The UK government has already announced it… Read More

March 25, 2025 @ 8:07 am By Omar Faridi  |  

Change is constant in the world of pensions, and keeping up with the thoughts, needs and wishes of pension savers themselves is “essential in serving their needs best.” This, according to an update from UK’s Smart Pension. ‍Smart Pension has recently released a report with… Read More