Starling is a challenger bank based in the UK; Boden speaks about Starling, open banking and how she came to discover fintech which in turn led her to founding Starling; Boden previously worked in executive positions at UBS, ABN Amro, RBS and AIB; Starling was founded in 2014 as an app-only bank; in an interview Boden stated: "…and in 2014, I started the journey to build a bank. And it's been a long process because you don't just build a bank overnight. We've done things the hard way in that I'm a big believer that things that are worth doing are things that tend to be quite hard – because easy things anybody can do." Source
The Co-operative Bank has invested £500,000 in Manchester-based fintech Bankifi as part of a major co-development deal.
Coconut, a FinTech aimed at supporting freelance workers, has stoppe
Codat, the API enabling SMEs to share and synchronize financial data, has today announced its foray into the Australian market.
The UK Financial Conduct Authority has granted Coinbase an E-Money License; Barclays is also allowing Coinbase to access the UK’s Faster Payments Scheme which is the core payment infrastructure in the UK; Coinbase’s Zeeshan Feroz stated, “There is no other exchange today that has access to domestic banking. UK consumers today have to jump through all sorts of hoops around sending money to European accounts using euros in order to get money in and out." Source
Coinbase allows its users to create their own wallets and start buying or selling bitcoins by connecting with their bank accounts.
The company says it will reduce its workforce by 1,100 employees as part of its efforts to manage operating expenses during a slump in bitcoin and other cryptocurrencies....
London-based financial crime fintech, ComplyAdvantage, has closed a $50 million Series C funding round; the round was led by Ontario...
ComplyAdvantage, a global data technology company today announced the release of a new Anti-Money Laundering Essentials Guide for Startups.
ComplyCube and Capital Pilot have joined forced to provide enhanced access to funding for startups at a critical time.