The great British fintech invasion
Some three dozen British fintech companies have set up shop in Australia in the past 12 to 18 months, even with the closed borders.
UK international trade department unveils fintech match-making initiative
The UK’s Department for International Trade has launched a campaign to encourage international financial institutions to invest in British fintech.
Revolut launches mid-tier subscription plan
Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus.
Curve and Plaid team up to bring open banking to UK customers
Smart banking platform Curve has joined forces with Plaid to help people manage their money. The Curve app allows people from the UK to spend from multiple bank accounts using a single debit card. It aims to give customers a better insight into their spending behaviour and more control over their finances. The London fintech startup will use Plaid’s Open Banking platform and database to connect accounts from banks such as Monzo, Starling, Barclays and HSBC. App users will be able to see the balances from all their connected accounts which will be refreshed automatically when they open the app. Curve hope that this will encourage people to make better […]
FinTech Scotland teams up with Lloyds for Innovation Lab
FinTech Scotland and Lloyds Banking Group launch a new fintech programme aimed at improving and creating innovative collaborations.
Why London’s calling for the finTech industry
The year 2020 was going to be a wild ride for London’s fintech and financial services firms even without COVID-19.
Fintech startup TrueLayer raises $25 million
London-based fintech startup TrueLayer has raised $25 million from investors including Temasek, Anthemis, Connect Ventures and Northzone, the company said on Monday. The firm, which develops technology that enables financial technology companies to access account data from high street banks, said it will use the funding to continue to grow its business. Founded in 2016, TrueLayer is one of several startups seeking to take advantage of European Union and UK open banking rules which require lenders to open up their data to other companies so they can tailor products to their customers. “The company is growing,” said Francesco Simoneschi, TrueLayer’s chief executive and co-founder. “We wanted to continue to increase […]
UK fintech Mode to float on London Stock Exchange
UK fintech startup Mode is looking to raise £7.5 million through a float on the London Stock Exchange.
