Tag: COVID-19

ClearBank and Tide have formed a partnership to help UK SMEs recover from the coronavirus crisis.

Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.

Things look to be going from bad to worse for UK challenger bank Monzo. After suffering a 40% down round in June, the bank has now revealed its annual losses have doubled due to the pandemic.

The RegTech sector has seen some massive investment rounds in the past few months despite the global pandemic.

Travel insurance has been hit hard by the Covid-19 pandemic. There’s no need for buying a policy when you can’t leave your house, but as the lockdown measures begin to ease, holidays will be top of people’s priorities, giving travel insurance a much needed resurgence. Air Doctor has issued a white paper exploring the opportunity ahead.

The European Central Bank chair of the supervisory board has called for bank executives around Europe to show restraint when it comes to variable remunerations in the face of the coronavirus.

Robinhood pulled the plug on its UK expansion this week. Now, some fear that other FinTechs will also leave the nation.

Theta Lake, the RegTech company, has expanded its security and risk management capabilities to empower organisations to manage safe, secure employee use of collaboration platforms.

The Covid-19 lockdown has encouraged scammers to take up their efforts a notch, according to Barclays.

The Financial Conduct Authority (FCA) And the City Corporation have announced a strategic partnership to develop and launch a digital testing environment for innovative firms tackling the pandemic.