Tag: UK FinTech

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.

Zopa boosts balance sheet with £80m raise to fuel everyday banking...

Zopa, the UK-based digital bank and FinTech lender, has raised £80m in Additional Tier 1 (AT1) capital to support its next phase of growth. The...

UK FinTech platform RetailBook secures £4.5m to expand retail investor access

RetailBook, a UK-based FinTech platform that empowers retail investors to participate in primary capital market deals on equal terms with institutions, has announced a £4.5m funding round.

UK FinTech funding recovered in Q1 driven by a 2.4x rise...

Key UK FinTech investment stats in Q1 2025: UK FinTech funding recovered by 20% QoQ in Q1 Deals over $100m increased by 2.4x QoQ...

Wagestream secures £300m in debt funding to scale financial wellbeing loans

Wagestream, a UK-based FinTech firm specialising in financial wellbeing solutions for employees, has secured a £300m debt financing facility from global banking giant Citi.

Cross-border payments FinTech Navro secures $41m Series B for global expansion

Navro, a London-based FinTech specialising in simplifying international payments for businesses, has raised $41m in a Series B funding round aimed at accelerating its global growth plans.

UK FinTech Tide secures £100m from Fasanara to boost SME lending

Tide, a UK-based business financial platform supporting over 1m small and medium-sized enterprises (SMEs) worldwide, has secured a £100m securitisation debt facility from Fasanara Capital, a London-based investment manager with more than $4.5bn in assets under management.

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