The marketing initiative coincides with the firm's recent rebranding announcement and is part of the company's "Made to Do More" campaign; it is spending GBP12 million ($15.51 million) across media and specialist channels with a focus on business borrower and capital investor awareness; the firm has been a market leader in investment deals in 2017 recently announcing a partnership with Aegon and reporting a $100 million fundraising in January. Source
UK digital bank Monzo is reportedly laying off 120 staff due to the challenges of the current economic situation; this...
CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...
The buy, now pay later giant reportedly shelled out SEK 9bn ($1.05bn) to buy the price comparison company last year.
Marketplace lender, Bitbond, has been an industry leader, providing the first global P2P lending platform for small businesses and now known as the world's first P2P lender allowing transactions with digital currency; Radoslav Albrecht, Bitbond's founder, sees digital currency, and specifically Bitcoin, as an opportunity to expand lending availability to borrowers and help returns for investors; Bitbond is able to offer digital currency transactions through its licensing from the German Federal Financial Supervisory Authority which took three years and required in-depth investigation of the company's operations including their know your customer and anti-money laundering procedures. Source
The UK fintech market saw $2.8bn invested across 182 deals through three quarters, which surpassed all of 2016; the third quarter alone saw a record of $1.6bn in invesment; the number of deals closing was down when compared to 2016, though bigger deals have made the amount invested significantly higher; the figures can be attributed to Fintech Global, a UK based consulting firm. Source.
Mosdex, a Finland-based cryptocurrency arbitrage startup founded this year, has raised $20 million in Series A to establish its presence in Europe.
P2P Global Investments’ NAV rose .78% in December and returned 5.2% in 2018; the UK-listed fund focuses on purchasing assets...
LTG Bank is the latest traditional institution making the step towards crypto integration. Partnering with SEBA Bank, their roll-out is symptomatic of increasing global demand for crypto assets.
LendIt Europe 2017 is just one week away and we've compiled a list of the speakers to follow. Source