Tag: UK Banking
Iress partners with Nomo Bank to introduce Sharia-compliant mortgages on Xplan...
Iress, a leading technology provider for the financial services industry, and Nomo Bank, a pioneering Sharia-compliant digital bank in the UK, have announced a significant partnership.
Monzo’s expansion journey: Eyeing a $50m boost from Singapore’s GIC
In a significant development within the FinTech sector, the digital bank Monzo is reportedly on the verge of enhancing its financial and global stature through a strategic stake sale.
Griffin launches as UK’s latest full-stack BaaS platform with $24m boost
Griffin, a groundbreaking full-stack Banking as a Service (BaaS) platform, has officially announced its transition to a fully operational bank.
Monzo secures $430m from CapitalG and others, valuation hits $5bn
Monzo, the UK's largest digital bank, boasting over nine million customers, has closed a funding round, raising $430m.
UK-based digital bank Kroo surpasses £1m crowdfunding goal
Kroo, a fully licenced UK bank known for its digital banking services, surpassed its crowdfunding target, amassing over £1 million in investments.
Young Brits champion digital banking trend over traditional branches
The new generation of UK bank users are turning away from traditional brick-and-mortar banks in favour of digital banking, leading a major shift across Europe.
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