Tag: UK

Atom Bank plans to raise $131m in funding next year

Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise ?100m ($131m) in the first quarter of 2017.

TerraPay expands in Europe with Pay2Global acquisition

Mobile international payments network TerraPay is acquiring Pay2Global in a deal that will allow it to expand around European markets. The size of the deal is undisclosed.

Small World passes 50 million transactions milestone

UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.

Credit Kudos lands $792,000 for data-driven credit scores

Credit Kudo is taking on ?600,000 ($792,000) in a round of seed funding led by FinTech VC NFT Ventures.

Market surveillance firm Ancoa sets up advisory board

Ancoa Software, a contextual surveillance and insightful analytics provider for exchanges, regulators, and buy and sell-side firms, is establishing an advisory board.

Scoro swipes $1.9m for workplace automation platform

Work management and financial tools startup Scoro has raised $1.9m in a seed round of funding.

Octopus Investments launches FinTech accelerator

London-based investment management firm Octopus Investments is launching a new FinTech-dedicated accelerator out of its Octopus Labs division.

UK regulator close to approving blockchain products

The UK’s Financial Conduct Authority (FCA) is moving closer to approving blockchain-based products.

Rakuten snaps up Bitnet assets for blockchain research lab

Japanese tech giant Rakuten is acquiring the assets of Belfast and San Francisco-based startup Bitnet to launch a blockchain research lab.

Crowdcube raises $10.4m on own equity crowfunding platform

Crowdfunding platform Crowdcube has raised ?8m ($10.4m) through a campaign on its own platform.

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