Cambridge FinTech secures US-backed £5m seed funding
Cambridge fintech Monavate has secured seed funding of £5m, one of the largest seed funding rounds for a UK FinTech in the last 12 months.
UK BNPL FinTech Butter closes £15.8 million in funding
UK FinTech platform Butter has closed a £15.8 million funding round to accelerate the rollout of its responsible open-banking based BNPL shopping app.
Payment app Osu raises £2.25m seed round from fintech angels
Osu, a new instant payments app aimed at helping the UK’s four million self-employed has raised £2.25m seed round from fintech angels.
Why data is the key to unlocking payments innovation
A new international payment standard currently being rolled out, known as ISO 20022, could start to change all that by harmonising payments data around the world.
Digital Wallets are now the most popular payment method in the World
The big news this year was a surge in digital wallet spending, which became the most popular payment method for e-commerce and POS transactions.
Bottlepay launches Twitter Bitcoin payments feature
New digital payments app Bottlepay, which launched last month, has launched a new feature allowing people to send and receive Bitcoin via Twitter.
TrueLayer teams up with self-employed-focused pension provider Penfold
Self-employed pension provider Penfold has joined forces with TrueLayer, becoming the financial API provider’s latest partner.
New payment platform BOPP launches, giving power back to UK businesses and consumers
New payment platform BOPP uses Open Banking to facilitate immediate, secure payments directly from one bank account to another.