Industry awaits FCA’s follow-up consultation later this year.
Manchester City have today announced a global partnership with the world's second largest crypto exchange, OKX,
Today, the eight finalists pitched virtually in front of several leading VCs, and one came out on top. At the finale of the pitch competition, Canny Co took the gold prize.
The UK’s financial watchdog, the Financial Conduct Authority, issued a warning to investors regarding initial coin offerings (ICOs); in particular they warned of the “high risk, speculative” nature of the new capital raising method; financial regulators worldwide have begun cracking down on ICOs in recent months, China has banned them and the SEC in the US issued a similar warning as the UK. Source
The transaction saw the private equity house acquire the payments provider for Vinted, La Redoute and Rakuten, and take the majority stake in a French crowdfunding platform Leetchi....
Deposit Marketplace Raisin has seen their investor count top 100,000, bank partners top 40 and deposits cross $4.5bn; the bank partners are in 18 different european countries and customers hail from 32 different countries; with interest rates so low their deposit marketplace offers savers a significant boost in interest and they have seen customers earn more than $41mn in excess interest thus far. Source.
Online small business lender iwoca has raised £100mn to help deliver loans through the CBILS program; the capital came from...
The consultancy and trade body have teamed up to launc
UK based challenger banks Starling Bank, Metro Bank and ClearBank were awarded more than $365mn of the RBS Competition Fund;...
Bank of England’s head of fintech Varun Paul is moving to Fireblocks, the highest-valued digital asset infrastructure provider in the world.