The British Business Bank (BBB) has approved The Bank of India and Silicon Valley Bank to deliver the Coronavirus Business...
UK based payments fintech TransferWise has upped their valuation to $3.5bn with a secondary funding raise of $292mn; the round...
German-based marketplace lender Bitbond has partnered with African payments provider BitPesa to improve the lending experience for small and medium enterprise (SME) borrowers; Bitbond will enhance the blockchain lending services of its platform by incorporating cross-border payments through BitPesa; the BitPesa payments platform can make payments in 20 minutes and is now live in Kenya, Nigeria, Uganda and Tanzania. Source
UK based digital bank Monese is in talks to raise more than $130mn which will bring the valuation to more...
One of the key components for open banking is being able to access data from other providers around the clock;...
The idea originated from 11:FS co-founder Simon Taylor on how the government could help the self-employed; the idea is that...
Hot on the heels of their banking license approval last month, leading UK fintech Zopa has announced interest rates for...
On Wednesday, the governor of the Bank of England, Mark Carney, said that fintech could signal an end to the traditional bank model; this could also increase herding risks, adding "As those risks emerge, authorities can be expected to pursue a more intense focus on the regulatory perimeter, more dynamic settings of prudential requirements, a broader commitment to resolution regimes, and a more disciplined management of operational and cyber risks."; Mark Carney is also chairman of the Financial Stability Board which will report to the G20 in July on risks and rewards in fintech. Source
As the invasion of Ukraine progressed, NFTs played a significant role, with many joining the conversation, and donating.
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