British financial tech company Icon Solutions secures JPMorgan backing
JPMorgan Chase has to back British tech company Icon Solutions who supports banks in overhauling their digital payments systems.
Fintech star PrimaryBid secures £38 million in new funding from top backers to fuel expansion
Start-up PrimaryBid has secured £38 million in investment from top new shareholders including the London Stock Exchange Group.
Visa takes stake in U.K. fintech Global Processing Services
Two weeks after Mastercard invested in Marqeta, its archrival, Visa, has taken a stake in another fintech, Global Processing Services.
Ethical investment platform prepares for P2P launch
Ethical investment platform Charm Impact is conducting a fundraising round in preparation to launch into the peer-to-peer lending space
British fintech Acin secures €10.3 million to spearhead operational and non-financial risk revolution
Acin, the data standards firm that is digitising operational and non-financial risk, has secured around €10 million in Series A funding.
Wirex preps crowdfunding campaign
Wirex, the leading payments platform taking the fintech and cryptocurrency industries by storm, announced their first crowdfunding campaign.
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 […]
Chip preps £10m crowdfunding campaign
UK smart savings app Chip says 25,000 people have pre-registered for its upcoming Crowdcube campaign, which aims to raise £10 million.
