The WCF is an annual event that targets diversity within the financial sector through personalised engagement activities.
UK-based challenger Zopa Bank has made a profit for the first time since its launch in June 2020, becoming one of the fastest digital banks to do so.
Aegon has announced it will allocate 1.5 billion euros ($1.6 billion) of its investment portfolio to Auxmoney P2P loans; the platform offers average returns of 5.5%; the investment represents one of the market's largest institutional endorsements in P2P loans; Aegon is also involved in a 15 million euro ($16.03 million) Series E funding round for Auxmoney. Source
The Bank of London today announces it has become a Directly Connected Settling Participant (DCSP) of the Faster Payment System,...
Tide customers can now apply for a Funding Circle loan direct from their Tide account following a partnership between the peer-to-peer lending platform and business bank. Finding Circle said it has helped over 120,000 businesses worldwide access more than £13bn in funding, and that Tide customers will benefit from the platform’s instant decision lending technology...
Deloitte has released a report on global fintech hubs with London reported as the strongest fintech hub for the second consecutive year; the report was generated in collaboration with Innovate Finance and released at the Innovate Finance Global Summit in London; the report results were based on six main factors including: access to technical expertise, proximity to the customer base, regulatory framework, government support, innovation culture and international diversity. Source
Online small business lender iwoca has raised £100mn to help deliver loans through the CBILS program; the capital came from...
By using open banking technology, SMEs using Microsoft Dynamics 365 cloud-based enterprise software platform will be able to access and unlock financing offers without leaving their business management platform.
2019 was another great year for the fintech market overalls but not all companies saw success in 2019; AltFi takes...
NayaOne has partnered with Lloyds to develop their Innovation Sandbox, aimed at streamlining the bank's digital development.