uk

Lloyds Looks to Buy More FinTechs, CEO Says
Lloyds Looks to Buy More FinTechs, CEO Says
July 27, 2022  |  Acquisitions

Lloyds Banking Group is considering acquiring more FinTechs to boost its digital capabilities, the company’s chief executive said Wednesday (July 27). As Bloomberg TV reported,...

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CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
July 26, 2022  |  Cryptocurrency

Commodity Futures Trading Commission Chairman Rostin Benham believes that “digital assets and decentralized financial technologies have outgrown their sandboxes.” This is an interesting comment, given...

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Virgin Money Announces BNPL Credit Card
Virgin Money Announces BNPL Credit Card
July 26, 2022  |  BNPL

British bank Virgin Money announced the launch of a new credit card that will allow customers to spread their payments over several months, entering the...

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Plaid Pilots Payments Tool to Streamline Recurring Payments
Plaid Pilots Payments Tool to Streamline Recurring Payments
July 26, 2022  |  Payment Methods

Plaid has launched a tool in beta to improve variable recurring payments (VRPs) for individual consumers and businesses in the United Kingdom, according to a...

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UK Digital Banks Set Sights on Underserved Mass Affluent Segment
UK Digital Banks Set Sights on Underserved Mass Affluent Segment
July 26, 2022  |  Digital Banking

When we talk about the mass affluent, it goes beyond high-net-worth individuals and affluent retirees to people who have made a huge fortune from the...

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European VC Deal Value to Surpass €100B for Second Consecutive Year Despite Decline in Q2 2022
European VC Deal Value to Surpass €100B for Second Consecutive Year Despite Decline in Q2...
July 21, 2022  |  Investments

According to recent data from Pitchbook, European venture capital (VC) deal value hit €54.4 billion in the first half (H1) of 2022, with late-stage capital...

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EMEA Daily: UK’s Financial Services Bill Will Make Stablecoins a Form of Payment; Swedish Telehealth Company Kry Raises $160M
EMEA Daily: UK’s Financial Services Bill Will Make Stablecoins a Form of Payment; Swedish Telehealth...
July 21, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), Swedish HealthTech company Kry has raised over $160 million in a funding round....

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5 Things to Know About Starling’s Banking-as-a-Service Product, Engine
5 Things to Know About Starling’s Banking-as-a-Service Product, Engine
July 21, 2022  |  Banking

Starling Bank is one of the U.K.’s most well-known challenger banks. Since launching the beta of its digital banking app in 2017, it has grown...

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Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
July 20, 2022  |  Regulation

The U.K. is credited with launching the first regulatory sandbox in 2016, and since then the concept has spread across the world, with an additional...

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