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Europe

EuropeFintech
·Jun. 30, 2020

UK Fintech Users Hit by Wirecard Scandal

Consumers and small businesses in the UK have been hit by the Wirecard scandal as the UK’s Financial Conduct Authority...
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EuropeFintechNews Roundup
·Mar. 24, 2020

UK Fintechs Building “Covid Credit”

The idea originated from 11:FS co-founder Simon Taylor on how the government could help the self-employed; the idea is that...
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EuropeFintechNews Roundup
·Nov. 2, 2017

UK Fintechs Growing Market Share

Financial Times highlights TransferWise and Funding Circle who are growing their market share in the UK; Transferwise has collected $280 million from investors and Funding Circle has surpassed high-street banks in net new lending; Funding Circle lent £114 million in the three months to September; Samir Desai, co-founder and chief executive of Funding Circle stated, "If I was a big bank, I would be really worried about this..." Source

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EuropeFintech
·Jun. 26, 2020

UK Fintechs Hit After FCA Suspends Wirecard

Today, the UK financial regulator, the Financial Conduct Authority, has suspended the activities of Wirecard’s UK subsidiary; this is having...
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EuropeFintechNews Roundup
·Mar. 26, 2019

UK Fintechs React to Apple’s Credit Card Launch

Apple announced more details about their card partnership with Goldman Sachs yesterday and the news provided a number of interesting...
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EuropeFintech
·Jul. 14, 2020

UK Fintechs Start Using TikTok for Growth

In Q1 2020 TikTok set a record for most downloads for any app ever in a quarter, with more than...
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EuropeNews RoundupOnline Lending
·Feb. 6, 2017

UK Firm Populous Developing Blockchain Invoice Financing Platform

UK firm Populous is seeking to provide a new innovative approach to invoice financing using blockchain technology; the firm plans to utilize smart contracts for invoice financing operations which will lower costs and also provide safer and more secured investments with competitive yields; the platform has been in development for 24 months and plans to launch in May 2017.  Source

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EuropeFintechNews Roundup
·May. 21, 2020

UK Future Fund Launches to Help Startups

The UK government has launched what they are calling The Future Fund to help venture backed companies gain access to...
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EuropeFintechNews Roundup
·Apr. 16, 2018

UK Government Chooses Nuggets to Fintech Trade Mission

Nuggets has been chosen by the UK government and the Mayor of London to embark on two trade missions to China this year. The missions are a way to build new business opportunities between Britain and China. Source.

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Europe
·Jun. 20, 2022

UK government kicks off overdue BNPL regulatory push

The UK government confirms that BNPL lenders will be required to carry out affordability checks with BNPL products to be FCA approved...
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