Team from Loot Join RBS Digital Bank
Loot was a startup that offered a current account for millennials; last month it went into administration after they ran out of money; now ...
Growth Has Slowed for Amazon’s Small Business Lending
The FT is reporting that growth has slowed dramatically in recent years for Amazon’s small business lending operation; citing the company’s annual report Amazon Lending ...
P2PFA Reveals Detailed Data on Member Loan Books
The UK peer to peer lending trade body, the P2P Finance Association, has released detailed loan book data of its member companies; as a group ...
RBS Competition Fund Awards £25 Million to Small Business Fintechs
Some of the £775 million bounty that is the Royal Bank of Scotland (RBS) competition fund is being handed out to British fintech platforms; the ...
Announcements & Releases for June 14, 2019
Stripe is rolling out Terminal across the US Facebook’s ‘stablecoin’ punt raises questions for regulators ...
UK on Track to Surpass Silicon Valley’s Fintech Prowess
The UK is clearly Europe’s top fintech market and now the city could take on Silicon Valley and China as the world’s top market; ...
N26, By the Numbers
TechCrunch reports on metrics provided by N26; the digital bank currently boasts 3.5 million customers in 24 European markets including the UK, Denmark, Norway, Poland, ...
Bank and Card Processor Outages Frustrate UK Consumers
According to a new survey by Which? 14 percent of UK consumers found it impossible to use their card at one point in 2018 ...
New Securitization Deals Point to Another Hit to the Bank Branch
UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last few weeks for the ...
New UK P2P Lending Rules Could Weed Out Weaker Lenders
The UK’s Financial Conduct Authority approved new rules for the p2p lending market that many think will weed out weaker lenders and those who ...