Tag: Open Banking
Is the UK open banking sector at a crossroads?
Recent research conducted by Coadec has cautioned that the open banking industry is at a ‘vital crossroads’.
Is the UK at risk of losing its leading position in...
A new report has claimed that the UK could lose its position as the global leader in open banking unless drastic action is taken.
UAE-based open finance platform FinTech Galaxy acquires Underlie
FinTech Galaxy, the first central bank-regulated open finance platform in the Middle East, has acquired Egypt-based open banking platform Underlie.
Secure Trust Bank taps Mastercard for open banking payments
UK retail bank Secure Trust Bank has teamed with Mastercard to offer customers more choice and convenience through open banking to repay retail finance.
Open banking app Boodil nets £525k in pre-seed haul
Boodil, a Manchester-based provider of an open banking payments and consumer engagement app, has scored £525k in a pre-seed raise.
Open banking-powered lender Koyo raises ?100m
Open banking-powered lender Koyo has reportedly raised ?100m in debt and ?5m in its Series A round.
FinTech Currensea bags £2.4m
Currensea, an open banking-powered FinTech, has secured £2.4m from a recent investment round.
Pleo teams with Yapily for open banking
FinTech unicorn Pleo, which offers a smart business spending solution, has partnered with open banking platform Yapily to enable simplified payments experiences for UK users.
FCA and PSR establish SWG on open banking
The Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) has established a strategic working group via its Joint Regulatory Oversight Committee.
28% of self-employed workers in the UK struggle to access financial...
Over a quarter (28%) of self-employed workers in the UK struggle to access the financial services they require, according to research from open banking platform Tink.