Metro Bank is in talks to acquire one of the largest p2p lenders in the UK in RateSetter; according to...
One of the most innovative banks in Europe is now partnering with Airbnb to allow residential mortgage customers to rent their properties; Metro Bank will allow customers to rent their homes for up to 90 days without any written approval; Paul Riseborough, chief commercial officer at Metro Bank explained, "Our focus is on making our customers' lives as straightforward and convenient as possible and we therefore hope today's news will give our customers the reassurance they need to jump in and take advantage of everything the dynamic sharing economy has to offer." Source
Metro Bank is a UK challenger bank which recently shared a mistake in how they classified their loan book; the...
The UK's Metro Bank has enhanced its digital banking platform and launched new services; the new services include advanced technologies across nearly all aspects of the online user experience; the enhancements follow increased competition by digital-only banks including Starling, Atom, Tandem, Loot and Monzo; Metro Bank opened in 2010 and is also an investor in consumer loans through marketplace lender, Zopa. Source
Stori, a Mexican fintech bringing credit cards to the country's middles class, has raised $125 million in a Series C funding round, adding another $75 million in debt financing.
Along with the fundraising deal, Clara is also launching its solutions in Brazil with a group of nearly 100 company clients.
The MiCA Bill was passed in April, bringing with it a possible end to the lack of clarity in European crypto but it's not all plain sailing.
By using open banking technology, SMEs using Microsoft Dynamics 365 cloud-based enterprise software platform will be able to access and unlock financing offers without leaving their business management platform.
Ahead of his presentation at LendIt Europe 2017, Richard Peers, Director of the Financial Services Industry at Microsoft discusses fintech with Verdict; provides his perspective on artificial intelligence, blockchain, cloud computing, challenger banks, why London is a great place for startups, and what firms can learn from the Chinese market. Source
Recent data shows that 67% of millennials in the UK have used point of sale finance services with 42% being...