Revolut Trading has secured a UK trading licence from the Financial Conduct Authority (FCA), marking a significant step forward in its mission to provide advanced investment services.

Sandfield Capital, a litigation FinTech specialising in disbursement funding for legal cases, has secured a £10.5m funding facility through Altimapa Capital, a debt finance specialist.

Achieve, a leader in digital personal finance, has closed a $186.4m securitisation deal backed by its Achieve Acceleration Loans.

AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check. This launch underscores the company's commitment to enhancing awareness and prevention of mental health challenges worldwide. The impetus behind this new offering stems from alarming data shared by the World Health Organisation: mental health issues cost the global economy $1tn annually...

New research from Visa has uncovered the alarming scale of fraud impacting small-medium businesses (SMBs) in the UK. The study shows that over two fifths (41%) of SMBs have fallen victim to fraud in the last year, with the average financial loss per business amounting to £3,808. With SMBs comprising 99.9% of the UK’s 5.6m businesses, the financial repercussions of fraud...

The International Organisation for Standardisation (ISO), a global leader in standard-setting, has introduced its ESG Implementation Principles to address the growing complexities of Environmental, Social, and Governance (ESG) practices. The surge in ESG regulations—up by 155% globally over the past decade—has created challenges for organisations of all sizes in achieving consistent reporting and compliance, according to ESG News. The new ESG...

The UK Government has released its National Payments Vision (NPV), marking a major step forward in its commitment to build a world-class payments ecosystem. The NPV outlines a forward-thinking approach to modernising the sector, leveraging next-generation technology to foster economic growth and innovation, according to Finextra. The NPV comes in response to the 2023 Future of Payments Review, addressing the need...

Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg. The partnership introduces a unique return shipping cost protection service, leveraging Qover’s technology. This new service refunds shipping fees for returns when retailers do not offer free returns. Available through mastercard.be and mastercard.lu,...

Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model. The collaboration aims to provide a more flexible, seamless, and innovative car insurance experience for Mercedes-Benz customers. By integrating Wrisk’s advanced digital insurance platform, the companies seek to address evolving customer needs and...

Key US FinTech investment stats in Q3 2024: US FinTech deal activity increased by 13% QoQ Trend analysis showed a projected 56% decrease in funding for the year as investors prioritise smaller deals Fourcore Capital, a rising leader in AI-powered asset and wealth management, secured one of the biggest US FinTech deals in Q3 with a $500m funding round In...