Here are the most read news stories from our daily newsletter today: Embedded finance won’t make every firm into a...
Fintech: Research Indicates that 9% of Teens Have Traded Crypto, PayPal is Top BNPL Option, Cash is King for Payments. | Crowdfund Insider: Global Fintech
LendInvest Co-Founder & CEO Christian Faes challenged the UK government to put more support behind small scale developers at the Conservative Party Conference; “There is a clear monopoly in the sector,” says Mr. Faes; to even the playing field LendInvest and others say more regulatory action can help to tip the scales in favor of property entrepreneurs. Source
Bank North, the UK's first truly regional business bank of the modern era, has appointed Louise Halliwell as Head of Savings
'Launching the Nexo Card in Europe with Mastercard and DiPocket as our go-to-market partners is a big milestone.'
London-based Greensill Capital, backed by SoftBank, has made an acquisition in Latin America; in an all-stock deal Greensill, whose primary...
KuCoin announced that it has become the first major exchange to support Brazilian Real (BRL) deposits and withdrawals following a recent policy change made by the Central Bank of Brazil.
Commercial credit data sharing scheme (CCDS) is a market solution providing data sharing for alternative lenders in the UK; the CCDS was launched on April 1, 2016 and is now nearing full integration which means the majority of mandated banks have implemented systems to share their data with UK credit agencies; CCDS will provide current account banking data to credit agencies for approximately 98% of small businesses in the UK which is expected to help improve credit underwriting and broaden credit availability. Source
The challenges continue to mount for UK challenger Metro Bank; founded by the former head of Commerce Bank in NJ,...
When Tandem Bank acquired Harrod’s Bank in August there were three main reasons for the move; FT Alphaville reports Harrod’s had a banking license, the deal came with a $13.4mn capital injection to fund the company through to deal approval and an additional $107mn from existing investors. Source.