P2P Global Investments’ NAV rose .78% in December and returned 5.2% in 2018; the UK-listed fund focuses on purchasing assets...
Link, which operates the biggest network of ATMs in the UK has said that cash usage in the UK has...
Apple Pay Later doesn’t cannibalize the Apple Card and “sideline” Goldman Sachs—it’s a stepping stone to a credit card relationship that benefits both Apple and Goldman Sachs.
Weavr, a technology company that makes it simple for businesses to embed financial services into mobile apps and SaaS businesses, has announced its latest European partnership with German-based finway, a finance operating system for SMEs. The finway software provides a holistic solution for small and medium-sized businesses to process, pay, plan and control all spending...
In the midst of getting ready to launch in a few weeks the UK digital bank Tandem is now unable to launch with savings accounts; the bank was approved in 2015 for a banking license so long as they fulfilled a number of criteria including hiring a board, building out sufficient technology systems and raising enough capital to cover losses; the final point is where the bank was unable to comply, they fell short of raising enough capital and now are forced to launch without the savings feature; Tandem was expecting 29 million British pounds ($36.1 million) from House of Fraser, the UK department store chain that was bought by China's Sanpower Group, but Sanpower was worried about capital restrictions coming out of China so they pulled the funding. Source
The latest withdrawal agreement from Theresa May was soundly rejected by Parliament and now uncertainty takes center stage as a...
The results of a year long study by the European Banking Authority shows that the current regulatory environment for crypto...
A Quartz article shares how companies like Revolut, Robinhood and others have been able to attract new customers with the...
The financial super app is launching Revolut Reader across the UK and Ireland.
The bank is currently recruiting engineers to help launch the online lending platform Marcus in the UK according to Business Insider who found the job listings; last September Goldman Sachs said the Marcus brand would launch in mid 2018; Goldman Sachs’ Marcus has taken off in the US and have been aggressive in expanding their consumer finance offerings. Source