ParentPay is an online payments service in the UK that is used by more than 5 million families and 13,000...
Alven, a Paris-based early-stage backer, announced on Wednesday that it has closed a €350M fund to back European entrepreneurs at Seed and Series A stages. ...
Budget Insight claims to have established itself in the Open Finance sector as one of France’s leading aggregators of banking and financial data.
New research from Equifax Touchstone shows that automated investment has become a wider trend in P2P and wealth management; 82% of 141 surveyed investment advisors said they have a consistent approach to allocation and monitoring for clients; P2P platforms like Funding Circle recently removed self selection and instituted an autobid process for investors; John Driscoll, director at Equifax Touchstone, tells AltFi, "This approach helps strike the right balance between risk and return, particularly important in a world of increased market volatility."; according to Driscoll the FCA has been a main driver of this trend to ensure risk is maintained correctly for investors. Source
Source reports on increased passive investment in UK P2P lending; notes Funding Circle's removal of manual loan investing and a greater number of platforms offering "black box" investing; IFISAs are supporting this trend as well as UK platforms offering the accounts with diversified loan investments. Source
At a time when improving credit accessibility is critical, Pave launches Fuse, facilitating more accurate credit decisions for businesses.
NatWest’s multi award-winning open banking payments solution Payit, has successfully made its first Variable Recurring Payment...
The BNPL says fintechs have a duty to ‘do things differently’....
iZettle has raised 60 million euros ($63.46 million) in a Series D funding round and hired a new chief financial officer; the firm is now valued at more than $500 million; says an initial public offering is one scenario it is considering for its next growth phase; the payment processing firm is comparable to US-based Square, offering card readers and credit financing for merchants; iZettle is based in Sweden and provides its service in 12 markets with market transactions led by the UK. Source
Bolt is set to lay off a number of its employees as part of "structural changes", according to an announcement made by the firm’s CEO Maju Kuruvilla.