Banking as a service fintech firm Griffin has raised £12.5m in a funding round to support the development of its API banking platform.
ThinCats has received endorsements from the National Association of Commercial Finance Brokers (NACFB) and Defaqto for its business operations in the P2P lending industry in the UK; the NACFB has recognized ThinCats for its best practices within commercial finance brokerage activities and ThinCats has joined the NACFB as a patron; ThinCats has also been recognized by Defaqto with a 5-star rating for product quality and comprehensiveness. Source
Aviva purchased a majority stake in robo-advisor Wealthify only 18 months after their head of retirement solutions criticized automated advice; Wealthify will sit alongside other Aviva products and services through the insurer’s digital hub, MyAviva; the insurer sees this as another important step in their digital strategy. Source
Marketplace lending data analytics provider AltFi Data has partnered with Lendix and will incorporate the lender's data on its analytics platform; AltFi Data is a leading performance data provider for the marketplace lending industry providing a single methodology for calculating platform performance across all lenders; its data reporting includes a range of attributes and data points including net returns, benchmark comparisons, originations, lending rates and charge-off rates. Source
Many were looking forward to Robinhood launching into the UK market as they would compete with companies like Freetrade and...
Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin.
UK based financial services companies saw a significant rise in cyber attacks in 2018, the industry as a whole saw...
Revolut CEO Nikolay Storonsky recently wrote that Revolut was not the same company it was 12-18 months ago after stories...
BankProv, has announced with CrossTower, one of the world's fastest and leading trading platforms and digital asset investment firms
Thunes, is speeding up its global expansion with the setting up of a regional hub in Miami to expand into new Latin American markets.