Tag: UK

Nutmeg adds another ?12m from Taipei Fubon Bank

London wealth management company Nutmeg has added ?12m to its ?30m Series D round from Taiwanese financial services firm Taipei Fubon Bank.

Contego snaps up Right-to-Work solution Working Status

UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed

Growth Capital Ventures lands £1.1m from private equity fund

Growth Capital Ventures (GCV) has secured a £1.1m investment from UK private equity firm Maven Capital Partners.

Investoo.com picks up $2m for online trading school

Investment education platform Investoo.com has picked up $2m in a round of funding from Optimizer Invest, Kinetic Investments and Right Casino Sam Miranda.

Digital Fineprint links Eos Venture Partners for pre-Series A

InsurTech social data startup Digital Fineprint has signed up Eos Venture Partner as the lead investor for its pre-Series A round. The size of the funding is undisclosed.

Alipay partners with Zapper for UK payments

Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.

Financial fraud grows 25% as criminals exploit data breaches

Financial fraud losses reached £399.5m in the first half of 2016, a 25% increase on the £320.3m lost in the same period last year as a result of scams and online attacks.

ABAKA pockets seed funding for savings platform

Artificial intelligence-powered savings platform ABAKA has raised £520,000 in a seed funding round. Anthemis Exponential Ventures led the investment.

Remittances are driving financial inclusion thanks to mobile

The World Bank estimates remittances to be a $600bn industry. Somaliland-born founder of WorldRemit, Ismail Ahmed, believes it could be worth a lot more.

Billon picks up $2m for ledger-based banking services

Distributed ledger-based payments firm Billon has raised $2m in funding from a collection of unnamed UK investors.

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