Tag: UK

Barclays is rolling out voice-recognition security to all its personal banking customers, eliminating the need for passwords and improving protection against fraud.

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

SME lender iwoca has raised £21m in a Series C round led by Prime Ventures. Funding also comes from existing backers.

Privacy-enhancing software company Privitar has raised £3m ($2.9m) in a new round of funding led by Illuminate Financial Management.

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

London-based remittance startup TransferWise is gaining access to the UK's Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.

London-based remittance startup TransferWise is gaining access to the UK’s Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.

UK-based recruitment contract finance provider Sonovate has raised a total of £20m in debt and equity.

Fledgling fintech company West African Derivatives Exchange has raised nearly ?13.5m ($17.8m) in equity since it launched in December.

UK-based banks and startups alike are preparing for the potential economic turbulence Britain’s departure from the EU might bring - but it’s the latter that are best prepared to react.