uk

NatWest Pays $174M for UK Savings FinTech Cushon 
NatWest Pays $174M for UK Savings FinTech Cushon 
February 13, 2023  |  Acquisitions

One of the U.K.’s largest banks is expanding its workplace savings offerings. NatWest announced Monday (Feb. 13) it was acquiring Cushon, a British FinTech that provides...

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Former Head of Goldman’s Marcus Unit Leaving Company
Former Head of Goldman’s Marcus Unit Leaving Company
February 10, 2023  |  Personnel

A former head of Goldman Sachs’ mass-market retail effort, Marcus, is reportedly leaving the bank. Peeyush Nahar, who joined Goldman Sachs in 2021 to lead the...

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LendTech Platform Kennek Gets $4.5M in Pre-Seed Funding
LendTech Platform Kennek Gets $4.5M in Pre-Seed Funding
February 10, 2023  |  Investments

U.K.-based FinTech Kennek has raised $4.5 million in its pre-seed round. In a Thursday (Feb. 9) LinkedIn post announcing the fresh funding, Xavier De Pauw,...

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Prizeout and Pockit Partner on Offering Bonus-Value Gift Cards
Prizeout and Pockit Partner on Offering Bonus-Value Gift Cards
February 09, 2023  |  Gift Cards

Prizeout and Pockit have partnered to offer bonus-value gift cards in the United Kingdom.  The collaboration adds Prizeout’s online marketplace of gift cards to Pockit’s...

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UK Grocers Reimagine Loyalty Programs to Keep Customers Engaged
UK Grocers Reimagine Loyalty Programs to Keep Customers Engaged
February 09, 2023  |  Loyalty & Rewards

To attract customers, U.K. supermarkets compete to offer the best loyalty scheme. And British shoppers sure do love their loyalty rewards. One PYMNTS survey found...

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Deliveroo Cuts 9% of Global Workforce, Citing ‘Economic Headwinds’
Deliveroo Cuts 9% of Global Workforce, Citing ‘Economic Headwinds’
February 09, 2023  |  Delivery

Deliveroo is laying off 9% of its global workforce. In an open message published on the company’s website on Thursday (Feb. 9), Deliveroo CEO and founder Will...

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UK Students Shortchanged as Loans, Grants Increase by 2.8%
UK Students Shortchanged as Loans, Grants Increase by 2.8%
February 08, 2023  |  Loans

U.K. student loans and grants for living costs are set to increase by 2.8%. Yet, by the Department for Education’s (DfE’s) own admission, a 13.7%...

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IwocaPay Integrates With Quickbooks as B2B BNPL Demand Grows
IwocaPay Integrates With Quickbooks as B2B BNPL Demand Grows
February 08, 2023  |  B2B Payments

Britain’s iwocaPay says its integration with Quickbooks lets thousands of businesses buy now, pay later. The business-to-business buy now, pay later (BNPL) provider announced the integration Wednesday (Feb. 8), noting that...

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Flexible Leasing Options Drive Transition to Sustainable Mobility in Europe
Flexible Leasing Options Drive Transition to Sustainable Mobility in Europe
February 08, 2023  |  Subscription Commerce

Electric vehicles (EV) are driving the electrification of the European auto market. In the U.K., for example, 16% of all new car sales in 2022...

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