Fundpath raises £4m from Fuel Ventures to connect asset managers
London-based Fundpath, which has developed software to connect fund buyers with asset management firms, has secured a £4m investment from Fuel Ventures. Fundpath’s platform acts...
Category : Fintech
‘Huge sigh of relief’: Startups catch breath after SVB UK rescue
Tech startups around the UK have let out a collective sigh of relief following HSBC’s purchase of Silicon Valley Bank UK and are now resuming...
Bank of London confirms SVB UK rescue bid
The Bank of London, a clearing bank launched in 2020, has submitted a bid to buy the UK subsidiary of Silicon Valley Bank after it...
Alternative payments provider APEXX Global raises £20.8m
APEXX Global, a startup that provides merchants with alternative payment options, has raised $25m (£20.8m) in a Series B funding round. APEXX pitches itself as...
Channel: The fintech transformation of a 16-year-old company
Technology has transformed the financial services sector over the past two decades. Now common parlance, fintech is a core component of the UK’s digital economy;...
Lloyds Bank invests £10m into digital ID startup Yoti
Lloyds Banking Group has invested £10m into digital ID company Yoti to develop its app-based identity verification software, which is launching later this year. Yoti...
Innovate Finance calls for better transparency in Open Banking
The UK’s fintech industry body Innovate Finance has called for the removal of obstacles and more transparent governance in the Open Finance sector. Issues with...
Ramp closes £4.1m for automated revenue forecasting
London-based software startup Ramp has closed $5m (£4.1m) in seed funding for its automated revenue forecasting tools. The investment round was led by AlbionVC and...
Challenger banks surpass high street lenders for SME loans
Challenger and specialist banks have surpassed high street banks for smaller business lending, with new data showing they accounted for 55% of the SME market...
Starling CEO: ‘Second wave’ of crypto will be regulated and greener
The “second wave” of crypto will be regulated and more environmentally friendly, according to Starling Bank CEO Anne Boden. Speaking on the UKTN Podcast, Boden...
