Within 2 weeks the UK will have a new Prime Minister as Theresa May steps down and with this change...
The UK has officially left the EU and while most of 2020 will be a transition time fintech and bank...
UK based Funding Circle is expected to report sales are up 48 percent and losses widened 38 percent in the...
Yesterday N26 announced that they were ceasing operations in the UK citing Brexit as the reason; 200,000 N26 customers are...
Karen Mills is a Senior Fellow at the Harvard Business School focused on SME finance, entrepreneurship and competitiveness; she previously served as the Administrator of the US Small Business Administration; in her post on AltFi she discusses why London will remain a global leader in financial innovation despite uncertainty with Brexit. Source
European fintech firms of all stripes are preparing for the worst case scenario when it comes to Brexit; “Unfortunately no one...
Fintech firms are extending credit to UK manufacturers so they can stockpile raw materials in case a no-deal Brexit actually...
The UK has triggered Article 50 and the 27 European Union countries will now begin negotiating with the UK for new terms; Innovate Finance's Lawrence Wintermeyer provides comments on the effects on fintech; says Brexit will make it more challenging for the UK to attract global investment and talent; Wintermeyer also says Brexit could potentially create new opportunities for regtech which will become increasingly important in cross-border activities. Source
IW Capital has surveyed 1,000 investors who have between GBP10,000 ($12,812) and over GBP250,000 ($320,300) worth of investments; the report shows UK investors are willing to take on greater risk in 2017; 44% of investors think Brexit will have a positive impact on their investment strategy; many investors see investment opportunity in private equity and UK investors also reported they will be looking more to tax efficient investing. Source
OakNorth, a successful new challenger bank in the UK, is calling on the UK Treasury to use Brexit as an...