N26 and SumUp join forces to bring cashless payments to freelancers
Major fintech players N26 and SumUp have joined forces in a bid to make digital payments easier for freelancers and self-employed workers.
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 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.
DNA Payments partners with Ecospend for Open Banking payments
The partnership will bring Ecospend’s innovative Open Banking payments service to DNA Payments Group portfolio of 30,000 merchants.
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.