Company News

After the nightmare week: activist investors are looking at Metro Bank

Metro Bank’s stocks plummeted last week after the bank failed to whip up excitement about its bond offering. Now it seems activist investors are circling the challenger bank.

Banks warn there is no UK law in place to secure trade with the...

In case of a no-deal Brexit, bankers fear they will not have access to their biggest market.

Metro Bank is still trading at a record low after investors snubbed its bonds

Challenger bank Metro Bank’s problems continues after being forced to cancel its bond sales earlier this week.

Have Monzo’s problems just begun as the challenger bank closes its premium membership offering?

Monzo has long been a darling of the UK FinTech sector. However, after the bank shut down its premium offering just months after opening it, some are concerned that it might be in for some tough times ahead.

Spanish InsurTech startup Elma closes €3m Series A round led by Mangrove Capital Partners

Digital health InsurTech Elma has closed a €3m ($3.2M)Series A round to expand its offering in its native Spain.

Mobile financial and credit services FinTech Channel VAS nets $54m in new funding from...

Private equity firm Development Partners International (DPI) has injected $54m into Channel VAS, the FinTech company.

InsurTech startup DeadHappy raise £4m in new Series A round

Digital pay-as-you-go insurance provider DeadHappy have raised a £4m Series A round from venture capital firms e.ventures and Octopus Ventures.

Fold App now support fiat currencies after finishing $2.5m investment round

Cryptocurrency startup Fold has added support for fiat currencies, government issued money that is not backed by a commodity, to its service that allows people to shop and get bitcoin-back rewards.

Santander UK bins legacy systems and manual processes in favour of nCino’s banking system

The UK branch of the Spanish bank Santander has enlisted the services of cloud-banking developer nCino to refresh some of its systems.

TSB enlists the help of Vocalink to help customers ensure they send money to...

UK bank TSB has partnered with Vocalink, a Mastercard company, to deliver confirmation of payee for its customers.

News Stories

Aleta Planet secures strategic investment to boost Middle East operations

Aleta Planet secures strategic investment to boost Middle East operations

Aleta Planet, a Singapore-based payments solutions provider, announced on Thursday a new investment from the United Arab Emirates' strategic management company National Pulse.
Lukka enhances enterprise data solutions with investment from Animoca Capital

Lukka enhances enterprise data solutions with investment from Animoca Capital

Lukka, the premier global blockchain data provider, has announced a significant development in its partnership with Animoca Brands.
BoBo's €6.5m seed round to enhance high-value transaction security

BoBo’s €6.5m seed round to enhance high-value transaction security

Bourgeois Boheme (BoBo), a trailblazing FinTech firm based in Vilnius, has successfully closed a seed funding round of €6.5m.
Cisco Investments backs CyberTech Halcyon

Cisco Investments backs CyberTech Halcyon

Halcyon, a pioneering anti-ransomware firm, has recently secured strategic funding from Cisco Investments.
SafeGuard Privacy secures $3.6m boost to enhance privacy compliance

SafeGuard Privacy secures $3.6m boost to enhance privacy compliance

SafeGuard Privacy, a prominent SaaS-based compliance platform, has successfully closed a $3.6m funding round.

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