UK leads race across Europe to introduce interbank digital currency
The Bank of England has previously consulted on the introduction of interbank CBDC and today announced plans to launch a taskforce for digital currency.
Safenetpay and Banking Circle take the complexity out of cross border payments
Safenetpay has joined forces with ground-breaking payments specialist, Banking Circle, to further enhance its cross border payment offering.
UK’s Zilch raises $80M at a $500M+ valuation for its direct-to-consumer buy now, pay later service
London buy now, pay later startup Zilch has raised $80 million (£57m), an all-equity Series B that values the company at over $500 million (£360m).
Belfast fintech firm in fresh funding round for new bank-linked loyalty platform
Belfast-based fintech company LoyalBe has announced £725,000 of fresh investment in a funding round led by Techstart Ventures.
UK fintech RSM 2000 is acquired by PayPoint
PayPoint, the UK fintech that provides payment services for consumers, retailers, mobile and multi-channel solutions for businesses, acquires RSM 2000.
Credit Karma and Bud to offer open banking access to members in the UK
Credit Karma has teamed up with FinTech Bud in a bid to provide open banking access and better services to members in the UK.
Fintern raises £32m to expand access to affordable loans in the UK
With this new funding, Fintern will be able to open up access to affordable loans, helping many avoid often unshakable debt spirals.
FinSS and Salt Edge partner for CDR Compliance solution in Australia
With phase two of the regulatory adoption quickly approaching, Australian data holders are welcoming a new CDR Compliance solution on the market.