Posts Tagged: UK FinTech

Fintech’s Success Story – The Secret is Better Service

Financial technology – more colloquially referred to as Fintech – has become one of the hottest corners of the UK’s startup universe.   Evidence of the sector’s strength is provided, at least in part, by the growing interest of investors. In 2017, British tech startups attracted £2.99bn in equity investment, according to figures published by…

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Is Crowdfunding Right For You? – A Checklist

The Alternative Finance universe is expanding and evolving, but for most small and medium sized businesses in search of funding, there are two basic options – namely borrowing or selling equity via a crowdfunding platform.     Borrowing via an online platform is the most popular of the two, at least in terms of the sums…

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Bank of England Backtracks on Digital Currency

The UK’s central Bank has dropped any plans to launch its own digital currency but has said it will continue to research the proposition. The decision to ditch a digital currency in the short-term is thought to be anchored by concerns about the impact of such a currency on the global financial system.   The…

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Will Traditional Banks Take on Their Challengers?

  The number of the new banks seeking to disrupt the UK financial services landscape has increased in the last couple of years. These so-called ‘challenger banks’ are luring customers away from the traditional banks at an alarming pace, growing their customer base from those who are still suspicious of traditional institutions since the financial…

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Fintech Investment at Its Highest Ever Level

The streak of historically high levels of fintech investment continues in several industries and prominently in the alternative finance industry as news breaks that the UK’s payments start-up, TransferWise, has reportedly started negotiations for a new funding round. According to reports the company which now sees more than £1 billion transferred on its app each…

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Alternative Finance Firms Makeup 20% of 2017s FinTech50

The latest FinTech50 list is out, and alternative finance providers and digital banks account for a fifth of its constituents. RateSetter, MarketInvoice and LendInvest have made this year’s list, while Funding Circle and Zopa have been awarded a place in the Fintech50 Hall of Fame.   Alongside P2P platforms Zopa and Funding Circle, other entrants…

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Fintech Summit Aims to Boost Sector Investment

While the annual fintech conference in London gets underway this week a new report from law firm Simmons & Simmons reveals that three-quarters of international banks and asset managers are looking to boost their collaboration with fintech companies.   The report also reveals 31 per cent of those polled were seeking an acquisition within the…

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