uk

UK Crypto Firms Will Need FCA Approval to Advertise
UK Crypto Firms Will Need FCA Approval to Advertise
November 03, 2022  |  Cryptocurrency

The U.K.’s House of Commons on Thursday (Nov. 3) passed new regulations that limit how cryptocurrency assets can be promoted in the country. The latest...

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Revolut Debuts In-App Messaging Service
Revolut Debuts In-App Messaging Service
November 02, 2022  |  Faster Payments

Revolut announced the launch of a new in-app chat feature on Wednesday (Nov. 2) that allows users to send messages to one another. Pointing to...

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Weak Pound Makes UK Tech Investment Bargain for Gulf Sovereign Wealth Funds
Weak Pound Makes UK Tech Investment Bargain for Gulf Sovereign Wealth Funds
October 30, 2022  |  Investments

Sovereign wealth funds (SWFs) of the Gulf Cooperation Council (GCC) are emerging as major centers of economic gravity whose movements affect the entire world, so...

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Raisin UK Migrates to ClearBank Embedded Banking Platform
Raisin UK Migrates to ClearBank Embedded Banking Platform
October 28, 2022  |  Partnerships

Investment and savings platform Raisin has migrated its United Kingdom platform to banking infrastructure provider ClearBank. In this new collaboration, ClearBank will underpin the Financial...

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UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
October 27, 2022  |  Earnings

Following last month’s announcement that it is pulling out of the mainland European market to focus its attentions on the United Kingdom, British online auto...

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UK Financial Services Minister Proposes Cryptoasset Regulation
UK Financial Services Minister Proposes Cryptoasset Regulation
October 27, 2022  |  Cryptocurrency

A new wave of cryptocurrency regulation may be coming for British investors, as U.K. Financial Services Minister Andrew Griffith on Thursday (Oct. 27) put forth...

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Money Transfer Firm Wise Lands $347M in Capital
Money Transfer Firm Wise Lands $347M in Capital
October 27, 2022  |  Investments

British money transfer firm Wise has received $300 million pounds (about $347.1 million) via a syndicated debt facility from the United Kingdom branch of California’s...

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CloudPay Raises $50M to Meet Integrated Payroll Demand
CloudPay Raises $50M to Meet Integrated Payroll Demand
October 27, 2022  |  Investments

Pay solutions firm CloudPay has raised $50 million in a new round of funding as the London-based company looks to meet a demand for integrated...

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Crypto Fans Pin Hopes on New UK PM and Regulations
Crypto Fans Pin Hopes on New UK PM and Regulations
October 25, 2022  |  Cryptocurrency

Cryptocurrency advocates are hoping they have a friend in new British Prime Minister — and digital currency supporter — Rishi Sunak. “Hoping for big things...

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