Brexit Uncertainty Presents New Challenge for UK P2P Lenders
According to new statistics released by the UK’s Insolvency Service personal insolvencies rose by 16.2% in 2018, while more than 16,000 small businesses went bankrupt in ...
We Should be Careful About Fintech Sandboxes
While writing in the FT Karen Petrou, Managing Partner of Federal Financial Analytics, discussed the risks associated with fintech sandboxes and asks if there is ...
Announcements & Releases for February 19, 2019
The future of lending: intuition is out, intelligence is in Noted Hedge Fund Says Crypto Hasn’t Bottomed Yet ...
Bud’s Take on the Progress of Open Banking in the UK
In an interview with PYMNTS.com, the head of network and partnerships for Bud, Alan Walsh, talks about the state of open banking in the UK; he ...
Announcements & Releases for February 15, 2019
Remine Raises $30M in Series A Funding Bank of England FMI Annual Report: The Growth of Fintech Continues to Have ...
Starling Bank Raises Close to $100mn
UK based challenger bank has raised over $96mn as they eye European expansion; $77mn of the round came from Meridian Global Investors with $19mn ...
Big Banks Say Challengers are Becoming a Serious Threat
A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business and 30 percent say ...
RateSetter Sees Success with ISA
In just one year after launch RateSetter has brought in £175 million through their first ISA product; the cash invested through their Innovative Finance ISA ...
Revolut Denies Claims of Improperly Acquiring Bank License
UK based digital bank Revolut has strongly denied claims that they interfered in Lithuanian politics when acquiring their banking license; Revolut was granted a ...
Blockchain in Financial Services Set to Skyrocket in Next Decade
A new report by IHS Markit says the value of blockchain in financial services is set to jump to more than $460bn in the next ...