TransferWise first launched borderless debit cards in the UK and Europe in April of last year; to date there have...
VC firm Atomico announced the raising of a new fund, Atomico V, which will partner with mission-driven European founders at...
There has been considerable buzz around Facebook’s Libra project and what it means for the monetary systems; fintech companies are...
TransferWise is the first fintech to join the Bank of England’s Real Time Gross Settlement (RTGS) system; described as game changing for the company the deal will allow them to lower costs, be on equal footing as banks and offer instant transfers to GBP. Source.
ICBA selects first fintechs for new accelerator program Partnerships, UX improvements and speed will drive money transfer in 2019 Brexit...
Financial Times highlights TransferWise and Funding Circle who are growing their market share in the UK; Transferwise has collected $280 million from investors and Funding Circle has surpassed high-street banks in net new lending; Funding Circle lent £114 million in the three months to September; Samir Desai, co-founder and chief executive of Funding Circle stated, "If I was a big bank, I would be really worried about this..." Source
The Chinese fintech market has primarily been dominated by local giants but global firms have started to build a presence...
Investors in TransferWise, the money transfer service include Richard Branson, Peter Thiel and Max Levchin; according to sources the company...
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service Volcker Rule reforms expand options for raising VC funds CMG...
UK based fintech firms helped push technology investment in the UK to all time highs in 2017; fintech firms accounted for almost half of the £3bn invested; leading fintech firms TransferWise, Funding Circle and Monzo helped push the investment number as they all raised significant rounds; Eileen Burbidge, Partner at Passion Capital, tells AltFi, “"It's a testament to our exceptional entrepreneurs that the UK tech sector continues to produce companies that are leading in the development of cutting edge technologies such as artificial intelligence and fintech.” Source.