The UK government has been one of the most forward thinking governments in the world when it comes to fintech;...
French fintech has been nipping at the heels of the UK and Germany for some time. With significant support from the political agenda and increased VC funding, could they soon be the EU's fintech hub?
Lots of crypto news this past week with a big round from ConsenSys, a big vote in the EU and everyone wonders what Apple will do with crypto.
UniCredit has set aside €1.3bn to counter its exposure to Russia as the lender is looking to exit the country.
An inclusive workplace mirroring an inclusive society: Fintech is a force for innovation and change, posing significant opportunities in supporting equal rights and benefiting from the voices of a diverse workforce.
Yomoni has raised $5 million from Crédit Mutuel Arkéa and Iéna Venture; the firm provides a robo advisory service in France where the concept of robo advice is still very new; the firm will use the funds to expand its workforce and add new features; fees for the service are approximately 1.60% per year; the firm currently has $12.9 million in assets under management and is targeting $1.08 billion by 2020 with plans to potentially expand in Europe. Source
A new report out by Citi says that new digital-first challenger banks may cause a 30% revenue hit to incumbent...
UK open banking startups are in a celebratory mood after the nation's financial markets regulator changed the 90-day rule, which required users to re-authenticate their permission for sharing financial data every three months.
Allica Bank has acquired approximately 2,000 SME customers and about £600m of associated lending from AIB Group (UK) Plc.
When Tandem Bank acquired Harrod’s Bank in August there were three main reasons for the move; FT Alphaville reports Harrod’s had a banking license, the deal came with a $13.4mn capital injection to fund the company through to deal approval and an additional $107mn from existing investors. Source.