Tag: UK
Financial services firms must become tech firms, says Octopus
A "nirvana moment" at Octopus Group has seen it become the latest established firm to launch an in-house tech incubator to keep pace with disruption in the industry.
UK banks forced to embrace FinTech
UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).
Crypto Facilities takes $1.5m for digital asset trading
Digital asset trading platform Crypto Facilities has raised $1.5m in a seed round. The funding comes from an AngelList syndicate led by Humminbird Ventures partner Pamir Gelenbe.
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.



