Tag: UK

The UK’s Financial Conduct Authority (FCA) is moving closer to approving blockchain-based products.

London-based investment management firm Octopus Investments is launching a new FinTech-dedicated accelerator out of its Octopus Labs division.

Last year at Sibos, Andy Hirst from SAP talked in depth about some of the key learnings from Big Data projects. At the time, the industry was still getting to grips with the era of data. Read more: www.finextra.com

Spending on contactless cards by tap-happy Brits in the first half of 2016 has already outstripped figures for the whole of 2015, says the UK Card. Read more: www.finextra.com

Banking technology vendor Misys is understood to be gearing up for an IPO on the London Stock Exchange. Read more: www.bankingtech.com

The Bank of England is advertising for an economic research lead at its digital currencies team as it steps up its investigation into a central bank-issued 'Britcoin'. Read more: www.finextra.com

Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.

Japanese tech giant Rakuten is acquiring the assets of Belfast and San Francisco-based startup Bitnet to launch a blockchain research lab.

UK FinTech startup Munnypot has soft launched a robo-advice service designed to cater for the mass market at a fraction of the cost of traditional advice. Read more: www.professionaladviser.com

TransferWise, the London remittances startup valued at $1.1bn, is launching TransferWise for Business to cater to SMEs sending money abroad.