Friday, February 3, 2023
Tags UK

Tag: UK

Stash swipes $9.25m for investment app

Investment app Stash has raised $9.25m in a Series A round of funding to accelerate user growth and build out its technology platform.

Crowdcube raises $10.4m on own equity crowfunding platform

Equity crowdfunding platform Crowdcube has raised £8m ($10.4m) through a campaign on its own platform.

Mondo plans to raise $19m to $26m for full banking licence

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.

Onfido grabs fresh funding from Salesforce Ventures

London-based identity and background checking startup Onfido has raised a new round of venture funding.

Global Reach Partners scoops up FC Exchange

London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.

Raphaels joins faster payments with access to FinTech sector

The UK bank is to begin offering faster payments services to UK FinTech companies. Read more: www.financemagnates.com

Visa and Barclaycard kit out Team BG with payment wearables

For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.

Startup aims to garner donations in cryptocurrency for charities 

Cross-Stratum Mutual Community Asia, a UK-based techno-finance startup, has announced its plans to release a new cryptocurrency – the Cross-Stratum Coin. Read more: www.econotimes.com

UK banks forced to embrace FinTech

UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority.

More than $26m spent through challenger bank Mondo

UK challenger bank Mondo has passed a new milestone with more than £20m ($26m) spent through its service to date.

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