U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.

Stuttgart HR Startup Flip Raises $30M to Grow its App for Deskless Workers in UK

Stuttgart HR Startup Flip Raises $30M to Grow its App for Deskless Workers in UK
Stuttgart HR Startup Flip Raises $30M to Grow its App for Deskless Workers in UK
February 03, 2022  |  Investments

German HR startup Flip has raised 22 million British pounds (about $30 million) in a Series A funding round to fuel its expansion in the...

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Revolut Enters European InsurTech Space With the Launch of Pet Insurance
Revolut Enters European InsurTech Space With the Launch of Pet Insurance
February 02, 2022  |  Insurance

As they seek to gain a competitive advantage over other players in the field, digital banks are expanding their product offerings with insurance and boosting...

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UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
February 01, 2022  |  Legal & Regulation

The United Kingdom’s competition watchdog has issued a warning to U.K. challenger bank Monzo over a breach of retail banking regulations under the Retail Banking...

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SumUp Seeks Fresh Capital at $22B Valuation
SumUp Seeks Fresh Capital at $22B Valuation
January 26, 2022  |  Investments

London-based global payments service provider SumUp could launch a fundraising round that would value the company at about 20 billion euros (about $22 billion), Bloomberg...

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UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
January 25, 2022  |  Cross-border Payments

Credit invisible customers and businesses often face an uphill battle when accessing credit in the United Kingdom because they have little or no credit history...

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London-Based Zilch Blasted for Promoting BNPL to Buy Pizza
London-Based Zilch Blasted for Promoting BNPL to Buy Pizza
January 20, 2022  |  BNPL

Consumer finance company Zilch is catching heat for encouraging U.K. consumers to use buy now, pay later (BNPL) plans to buy cheap supermarket pizzas and...

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Interchange Fees Back in US Antitrust Spotlight Post Amazon UK Visa Card Ban Reversal
Interchange Fees Back in US Antitrust Spotlight Post Amazon UK Visa Card Ban Reversal
January 19, 2022  |  Credit Cards

In the U.K., Amazon’s ban on Visa cards has been abandoned, but the ripple effects may last long and reach far. Get the Full Story...

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UK’s FCA Issued $775M in Fines in 2021
UK’s FCA Issued $775M in Fines in 2021
January 17, 2022  |  Cross-border Payments

A rise in financial crime fueled by the pandemic led the U.K.’s Financial Conduct Authority (FCA) to issue 568 million British pounds (about $775 million)...

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