Clearpay customers can use their virtual cards to pay for items in-store in four payment instalments and take the item home on the same day.
To introduce Cristiano Ronaldo’s supporters to Web3 and provide them with a gateway into the world of NFTs, Binance will launch a worldwide advertising campaign.
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.
An index powered by Brismo (formerly AltFi Data) shows that gross marketplace lending in the country grew by £1bn to...
Errol Damelin has been steadily growing his presence in London's fintech sector; founder of Wonga, Damelin's expertise and mentorship has helped over 200 employees currently working in London's fintech scene; his company Wonga is a case study for online payday lending in Europe and despite his exit from the company in 2014, Damelin has gone on to successfully invest and mentor a wide range of startup businesses in London. Source
Growth Street has appointed Greg Carter to CEO; Carter is a founder of the firm and has been the firm's chief risk officer since its launch; Carter will replace James Sherwin-Smith who has been CEO since the firm launched in 2015; Growth Street is a UK lender focused on SME business lending; it markets returns of up to 6.5% and provides a range of business lending products including working capital loans of up to 500,000 British pounds ($623,763); in 2016 it reported loan originations of approximately 54 million British pounds ($67.37 million). Source
The Bank of Lithuania invites payment market participants and technology companies to participate in an experiment and together develop a payment solution that enables instant settlements in digital euro at points of sale.
Loot was a startup that offered a current account for millennials; last month it went into administration after they ran...
JPMorgan Chase is currently in discussions with UK regulators about launching a digital bank in 2020; the new bank is...
MarketInvoice has appointed Shaun Alexander to head of risk; Alexander joins MarketInvoice from Santander and will be the firm's first head of risk directly overseeing the underwriting unit of the business; the new hire is another example of a fintech firm adding traditional banking risk oversight experience; MarketInvoice expects Alexander will help improve risk management for the firm by providing broader insight on sector risks and market risk factors. Source