UK Archives - FinTech Futures

UK

Lloyds is world’s first bank live on Swift gpi instant

The payments network expects to roll out adoption across the globe.

Former Paypal execs raise £14m for start-up venture Primer

The co-founders met at PayPal-acquired Braintree.

António Horta-Osório

Credit Suisse announces António Horta-Osório as new chairman

The outgoing Lloyds executive will join the Swiss bank in April.

Glitch-riddled TSB goes down again on payday

“[It’s] payday so it means that TSB online banking and app is down again.”

Lloyds pinches new CEO Charlie Nunn from HSBC

Nunn steps into new shoes at a chaotic time for any bank.

JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank

Pair of major banks interested in Starling Bank’s potential following profit announcement.

Report: Digital KYB – a springboard to customer onboarding success

FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.

London payments firm SumUp buys digital PoS fintech Goodtill

SumUp and Goodtill have worked together “for many years as partners”.

Lanistar comes under UK advertising watchdog’s microscope

The regulator says it “received complaints about ads for Lanistar”.

Embedded banking fintech Weavr lands $4m seed round

Weavr, once known as Open Payments Cloud, spun out of Ixaris in 2019.

Cynergy Bank taps Google and Wipro to launch new digital banking project

Cynergy says customer want a hybrid of digital and face-to-face.

Virgin Money profits dive 77% as it braces for bad loans

Before impairment charges, Virgin Money’s underlying profit stood at £625m.

Investing as magic discovered

A new investment app that aims to truly change the way you are used to thinking of things.

Deutsche Börse leads $15m round for sustainability start-up Clarity AI

“Our purpose is simple: to measure the impact of companies on our society and planet.”

Starling Bank claims to be UK’s first profitable challenger bank

CEO Anne Boden announced £800,000 profit in a company update.

New senior hires at core banking tech vendor 10x Future Technologies

Dr Leda Glyptis is new chief client officer and Mark Holt is chief product & engineering officer.

FCA issues Lanistar warning as tech partners disavow connection

UK payments-as-a-service fintech Modulr is among them.

UK payments provider Modulr lands £9m investment from PayPal

PayPal thinks Modulr is “well-positioned to be an enabler”.

US crypto exchange Gemini banks on ClearBank for UK operations

Gemini launched in the UK two months ago.

UK challenger Monument partners with Mambu, AWS & Accenture

“Monument concluded that no appropriate single solution existed”.

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