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Payroll data startup Teal raises £1.4 million

/startups

Payroll data startup Teal raises £1.4 million

Payroll data platform Teal has raised £1.4 million in pre-Seed funding led by Passion Capital.

Payments fintech Navro acquires first US licence

/regulation

Payments fintech Navro acquires first US licence

Navro, the London-headquartered fintech that simplifies international payments for businesses, has secured its first US money transmitter licence.

Barclays to roll out Microsoft Co-Pilot to 100,000 staff

/ai

Barclays to roll out Microsoft Co-Pilot to 100,000 staff

Barclays Bank is to extend its delivery of Microsoft Co-Pilot AI agents to 100,000 staff worldwide.

Walmart's OnePay adds credit cards to financial services portfolio

/payments

Walmart's OnePay adds credit cards to financial services portfolio

Walmart's fintech unit OnePay is to add credit cards to its expanding portfolio of financial services.

FCA sets up 'Supercharged Sandbox' for AI experimentation

/ai

FCA sets up 'Supercharged Sandbox' for AI experimentation

The UK's Financial Conduct Authority is to set up a 'Supercharged Sandbox' to help firms experiment with innovative AI applications.

Worldpay scores new business distribution channel with Santander UK

/payments

Worldpay scores new business distribution channel with Santander UK

Santander UK has joined forces with Worldpay to offer e-commerce and POS technology to its business banking and corporate clients.

JPMorgan opens Fintech Forward programme in the UK

/startups

JPMorgan opens Fintech Forward programme in the UK

JPMorgan has opened applications for a new fintech accelerater programme for startups and business founders in the UK.

PitchBook: AI disruption rises, VC optimism cools in H1 2025

/markets

PitchBook: AI disruption rises, VC optimism cools in H1 2025

The latest PitchBook survey finds that venture capital investors are making "strategic adjustments as they navigate geopolitical uncertainty and technological transition."

Keeta, Solo partner on blockchain-native credit bureau

/crypto

Keeta, Solo partner on blockchain-native credit bureau

Keeta Network, a high-performance blockchain that connects Web3 and traditional financial systems, aims to be a real-world tokenisation and financial interoperability frontrunner by working with Solo. Solo turns data into reusable, verified credentials, enabling banks, fintech firms and cryptocurrency platforms to make smarter, faster decisions, without compromising privacy.

Regulators pull the plug on rogue 'finfluencers'

/retail

Regulators pull the plug on rogue 'finfluencers'

As described by the UK's FCA, finfluencers are "social media personalities who use their platform to promote financial products and share insights and advice with their followers."

Fiserv to acquire AIB Merchant Services

/payments

Fiserv to acquire AIB Merchant Services

Founded in 2007 as a joint venture between AIB and Fiserv, AIB Merchant Services (AIBMS) is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers, providing businesses with the ability to accept card payments from their customers.

LHV survey: Digital banks should pass savings from not operating physical branches to consumers

/retail

LHV survey: Digital banks should pass savings from not operating physical branches to consumers

As the cost-of-living crisis continues, new research from LHV Bank reveals that 46% of UK adults are struggling to save regularly, despite reported income increases for nearly a third of the population.

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