uk

UK Seeks to Block ‘Legal but Harmful’ Content
UK Seeks to Block ‘Legal but Harmful’ Content
February 16, 2022  |  Regulation

In what could be the world’s toughest rules for social media platforms, two United Kingdom government officials have proposed comprehensive rules that would require tech...

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UK’s FCA Pushes BNPL Firms to Update Contract Terms
UK’s FCA Pushes BNPL Firms to Update Contract Terms
February 14, 2022  |  Buy Now Pay Later

As the popularity of buy now, pay later (BNPL) rises, the United Kingdom’s financial regulator is asking these services to amend terms that could hurt...

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Online Car Retailer Cazoo To Generate $2B+ Revenue In 2022 From Expanding Europe Operations
Online Car Retailer Cazoo To Generate $2B+ Revenue In 2022 From Expanding Europe Operations
February 10, 2022  |  Earnings

Europe’s leading online car retailer, Cazoo, announced on Thursday (Feb. 10) that it had sold a stake of the company to a group of investors...

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InsurTech Firm Vitesse Closes on $26M in Series B Funding
InsurTech Firm Vitesse Closes on $26M in Series B Funding
February 10, 2022  |  Investments

Vitesse, the United Kingdom-based FinTech, secured $26 million in Series B funding, the company announced Thursday (Feb. 10). This latest round will enable the global...

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DNA Payments Acquires UK Card Specialist Card Cutters
DNA Payments Acquires UK Card Specialist Card Cutters
February 09, 2022  |  Acquisitions

Payments provider DNA Payments has acquired Card Cutters, a card acceptance specialist, as part of its strategy to grow in the U.K., the company announced...

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Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
February 04, 2022  |  Personnel

Richard Lloyd, senior independent director of the Financial Conduct Authority (FCA), will serve as the FCA’s interim chair, and Aidene Walsh will be the interim...

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London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
February 02, 2022  |  IPO

London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push...

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UK Digital Bank Monzo Officially Lands in US
UK Digital Bank Monzo Officially Lands in US
February 02, 2022  |  Digital Banking

After an 18-month beta launch with a waiting list in the U.S., the U.K. challenger bank Monzo is now ready to open the app-based accounts...

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Zapp Grabs $200M to Expand Rapid Delivery in UK
Zapp Grabs $200M to Expand Rapid Delivery in UK
January 28, 2022  |  Investments

Rapid delivery service Zapp raised $200 million in a Series B funding round to expand its footprint in larger U.K. cities, enhance its technology and...

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