Tag: UK

London-based financial service comparison platform CompareEuropeGroup has raised €20m in its Series A round. The investment comes from ACE & Company.

London-based online trading technology company Babel Systems is being acquired by US FinTech firm InvestCloud in a $20m deal.

FinTech remains hugely attractive to investors across the UK and Europe as it evolves beyond simple apps carrying out single transactions into services based on customer relationships and trust.

Robo-advisors helping users manage their wealth to services that banks reserve for higher-value customers are attracting considerable interest from investors and financial institutions.

Banks are more potentially vulnerable to disruption than ever before - and digital-first challengers are charging into the market and rethink the role of banks in consumers’ lives.

International payment solutions provider Flywire has purchased multi-currency invoicing platform provider PACE Invoice.

UK peer-to-peer (P2P) lender Zopa has raised £32m in a new funding round to finance the launch of its retail banking service.

Spanish banking giant BBVA is further increasing its stake in Durham, UK-based challenger bank Atom Bank as part of the company’s new £250m round.

London-based mobile banking startup aimed at migrants Monese has picked up $10m in a Series A round.

Online property marketplace Zoopla has acquired residential property data analytics firm Hometrack for £120m. Hometrack’s technology is designed to create automated valuation models (AVM) for properties.