Tag: UK FinTech

FX FinTech Glyde raises £450k to reshape global transfers

Glyde, a UK-based FinTech company aiming to bring greater transparency and control to foreign exchange, has raised £450,000 in pre-seed funding.

UK FinTech Icon Solutions secures funding from UBS, Citi & NatWest

UK FinTech Icon Solutions, a specialist in modernising global banking payment systems, has received a fresh equity investment led by Swiss banking giant UBS.

LemFi acquires Pillar to expand immigrant credit access

LemFi has announced the acquisition of London-based FinTech Pillar, in a move that strengthens its ambition to provide credit services to millions of immigrants in the UK and globally.

UK FinTech deal activity expected to drop by 28% for 2025...

Key UK FinTech investment stats in Q1 2025: UK FinTech funding deal activity halved YoY as investors backed fewer but larger deals in Q1 ...

UK cemented its European FinTech leadership position attracting over a third...

Key European FinTech investment stats in Q1 2025: European FinTech deal activity dropped by 62% YoY in Q1 UK firms attracted over a third...

European WealthTech funding increased by 5% QoQ as deals over $100m...

Key European WealthTech investment stats in Q1 2025: European WealthTech funding increased by 5% QoQ in Q1 Deals over $100m returned in the quarter...

Surge in card fraud drives record scams in 2024 as APP...

Britain recorded a sharp increase in financial fraud cases in 2024, with a record 3.31 million incidents reported, a 12% rise from the previous...

UK FinTech Capital on Tap raises £650m to expand £1.2bn Master...

Capital on Tap, a UK-based FinTech specialising in business credit cards for small enterprises, has announced a significant expansion of its funding structure with an additional £650m secured, bringing its Master Trust facility to a total of £1.2bn.

Workplace pensions platform Penfold lands £3.9m to scale digital offering

Penfold, a digital pension provider focused on workplace retirement solutions, has raised £3.9m in fresh funding to expand its services across the UK. According to...

Gatehouse Bank partners with Algbra Labs to drive Shariah-compliant digital innovation

Algbra Group and its FinTech-as-a-Service arm, Algbra Labs, have entered into a new strategic partnership with Gatehouse Bank to support the bank’s next phase of digital transformation.

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