Early Investors who Backed Monzo Have Potential 6,300% Return
Three years ago Monzo raised money from individuals via crowdfunding; the round funded £1m in just 96 seconds according to AltFi; 1,898 participated and invested ...
Klarna Launches Suite of Authentication Technologies for Retailers
Swedish based fintech Klarna is launching a suite of authentication services for retailers as they look to expand beyond their pay it later product; ...
Funding Circle SME Income Fund to be Wound Down
The Funding Circle SME Income investment trust was launched in 2015 to invest in Funding Circle loans originated in the UK, US, Germany and the ...
Announcements & Releases for April 5, 2019
P2P lending fund cites legacy Zopa portfolio for lower returns Digitizing construction finance with Rabbet’s Will Mitchell AI ...
OakNorth is Europe’s Most Valuable Fintech and is Profitable
The company is currently valued at $2.8 billion and has lent $4 billion to British businesses with zero defaults; the company announced it had secured ...
Starling Bank Sees Early Success with Banking as a Service Product
UK based challenger Starling Bank has seen some good success with their banking as a service offering; the company says they have 20 institutional ...
BBVA Launches Innovative D-Loan Product
BBVA has launched a new D-Loan which links a decline in the interest rate if the borrower reaches certain digital milestones; the bank did ...
Funding Circle Announces New Securitization
This marks Funding Circle’s third deal in the securitization market; it includes £187 million of UK small business loans only; Pollen Street Capital was the ...
N26’s Strategy for the US and Beyond
The German digital bank is opting to go after an international audience before going wide into their product offerings; the company is fresh off a ...
UK’s Current Account Switch Service Reaches 5 Million Switches
The UK based Current Account Switching Service, or CASS reached important milestones with 5 million account switches and awareness among the population of 80 ...