The CEO of Revolut, Nikolay Storonsky, has called on the UK government to create specialized visas for technology professionals as the...
The CEO of UK challenger bank Tandem, Ricky Knox, said that his company has moved into a new 16,000 square...
The UK has triggered Article 50 and the 27 European Union countries will now begin negotiating with the UK for new terms; Innovate Finance's Lawrence Wintermeyer provides comments on the effects on fintech; says Brexit will make it more challenging for the UK to attract global investment and talent; Wintermeyer also says Brexit could potentially create new opportunities for regtech which will become increasingly important in cross-border activities. Source
The UK's Department for Media, Culture and Sport has published a digital strategy report outlining its plans for the tech sector post-Brexit; the government plans to invest 17.3 million British pounds ($21.27 million) into artificial intelligence and robotics research and also reported a 1 billion British pound ($1.23 billion) program to improve internet connectivity across the UK; it will also create five international tech hubs, host a competition for fintech products and create a forum for communicating with the tech community; all of its efforts are geared towards helping the UK remain competitive in the tech industry. Source
The latest withdrawal agreement from Theresa May was soundly rejected by Parliament and now uncertainty takes center stage as a...
Speaking at an event in London, British MP Lee Rowley has said that the fintech industry, rather than Brexit, will...
Last Sunday marked the three-year anniversary since the UK voted to leave the European Union. There was barely a mention...
Karen Mills is a Senior Fellow at the Harvard Business School focused on SME finance, entrepreneurship and competitiveness; she previously served as the Administrator of the US Small Business Administration; in her post on AltFi she discusses why London will remain a global leader in financial innovation despite uncertainty with Brexit. Source
Yesterday N26 announced that they were ceasing operations in the UK citing Brexit as the reason; 200,000 N26 customers are...
Even with Brexit fast approaching the UK fintech investment market showed no signs of slowing down with investment setting a...