Initiative Ireland is a new peer-to-peer lending platform; they are planning to raise 2 million euros for startup operations through Ireland's Employment and Investment Incentive Scheme; the firm hopes to provide returns of 5% to 7% per year to investors and total loan savings of 20% to 30% for borrowers versus traditional bank lenders. Source
Everything We Know About the Bitcoin Scam Rocking Twitter’s Most Prominent Accounts U.S. Fintech Bond Financial Secures $32 Million Through...
Deloitte has released a report on global fintech hubs with London reported as the strongest fintech hub for the second consecutive year; the report was generated in collaboration with Innovate Finance and released at the Innovate Finance Global Summit in London; the report results were based on six main factors including: access to technical expertise, proximity to the customer base, regulatory framework, government support, innovation culture and international diversity. Source
As the digital market has matured, incumbents are taking notice. Citi announced partnership with METACO to establish digital asset capabilities.
Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance.
CapitalRise has announced the launch of an innovative finance individual savings account (IFISA) offering its investors a tax free account for investing in the firm's real estate investments; investors can invest in the IFISA with a minimum of 1,000 British pounds ($1,223); the investment maximum for the current tax year is 15,240 British pounds ($18,632) and the maximum will increase to 20,000 British pounds ($24,451) in the following tax year; the platform offers a range of real estate loan property investments in the UK with tax-free returns of approximately 10% to 14% per year. Source
Just days after submitting its banking licence application, LHV UK has chosen Tuum to run its core banking infrastructure.
These are the top 5 UK financial institutions ranked by the mobile banking features consumers value most Celsius Network Completes...
Throughout the most recent crypto bull run, plenty of new crypto users have interacted with the Ethereum network for the first time and have been surprised to find sluggish, expensive transactions.While the Ethereum blockchain has been very much central to the idea of a web3 crypto internet, the ...
One Zero has secured regulatory approval for a full banking licence from the Bank of Israel, the first bank to be set up in 43 years.