Similar to how fintech is scaling vertical SaaS, the pandemic-fueled disaggregation of healthcare has created new players that are taking a page out of the fintech revolution book.
Revolut now has 1 million Irish customers, or about 25% of the adult population according to AltFi; Revolut has also...
The UK Financial Conduct Authority has granted Coinbase an E-Money License; Barclays is also allowing Coinbase to access the UK’s Faster Payments Scheme which is the core payment infrastructure in the UK; Coinbase’s Zeeshan Feroz stated, “There is no other exchange today that has access to domestic banking. UK consumers today have to jump through all sorts of hoops around sending money to European accounts using euros in order to get money in and out." Source
The Group's aims for the next 12 months include the creation and publication of a UK fintech trade and investment brand.
The ratings agency has put out a warning on the performance of loans on US peer to peer lending platforms;...
BENKER is to become the first officially licensed blockchain neobank launched in Europe following approval by the Bank of Lithuania.
Binance Labs announced on Tuesday that it made an investment in pSTAKE Finance, a liquid staking protocol developed by Persistence.
Griffin has submitted its banking licence application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
According to The Times, sources say Funding Circle is in no hurry to do an IPO, but if the markets continue to be favorable they may go public in the second half of the year; article also shares the potential in their US business where they have much less brand awareness compared to the UK; there are some concerns from clients and investors that the company has not yet been through a recession as they look at an IPO; Funding Circle currently has 850 employees and last raised £82 million at a £990 million valuation. Source
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