26 February 2018
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Latest start ups news

Monzo exploring US market launch

Monzo exploring US market launch

12 February 2018  |  5443 views  |  0 comments | 12 tweets | 7 linkedin

UK app-only bank Monzo has had preliminary discussions with regulators about the possibility of expanding its business to the US consumer market.

Chetwood Financial preps live launch on £150 million debt and equity investment

Chetwood Financial preps live launch on £150 million debt and equity investment

12 February 2018  |  4459 views  |  0 comments | 1 tweets | 2 linkedin

Chetwood Financial, a new UK challenger outfit founded by the former deputy head of HSBC's UK retail bank Andy Mielczarek and tech vendor veteran Mark Jenkinson, has secured its banking licence and a significant investment of £150m in debt and equity from Elliott Advisors to help it grow.

RBI panel calls for regulatory shake-up to handle fintech innovation

RBI panel calls for regulatory shake-up to handle fintech innovation

09 February 2018  |  6199 views  |  0 comments | 5 tweets | 7 linkedin

A fintech working group set up by the Reserve Bank of India has called for the establishment of a regulatory sandbox and innovation hub where startups can roadtest their products ahead of commercial launch.

Australian Government moves to open up the banking industry

Australian Government moves to open up the banking industry

09 February 2018  |  6809 views  |  0 comments | 14 tweets | 12 linkedin

Australia has moved one step closer to implementing an Open Banking regime with the publication of a final Government report into the issue, accompanied by draft legislation to mandate comprehensive credit reporting.

Is Lithuania the most fintech-friendly destination in Europe?

Is Lithuania the most fintech-friendly destination in Europe?

08 February 2018  |  12325 views  |  0 comments | 18 tweets | 13 linkedin

Lithuania's ambition to become a fintech-friendly destination for startups across Europe is bearing fruit, with the country welcoming 35 new firms in 2017.

UK fintech hoovered up record-breaking VC investments in 2017

UK fintech hoovered up record-breaking VC investments in 2017

07 February 2018  |  9843 views  |  0 comments | 23 tweets | 18 linkedin

Venture capital investment in UK fintech firms more than doubled in 2017 to reach $1.8 billion, with 54% of the total coming from overseas VCs who appear largely untroubled by the UK's imminent break from the European Union.

US states team up to streamline fintech licensing

US states team up to streamline fintech licensing

06 February 2018  |  6772 views  |  0 comments | 12 tweets | 9 linkedin

Bank regulators in seven US states have agreed to standardise parts of the licensing process for money service businesses (MSBs) in a bid to make it easier for fintech startups to operate across the country.

Berlin banking startup Penta secures €2.2 million seed round

Berlin banking startup Penta secures €2.2 million seed round

05 February 2018  |  5016 views  |  0 comments | 2 tweets | 6 linkedin

Berlin based Penta, a challenger bank for startups and small businesses, has raised a €2.2 million seed round one month after launching in Germany.

BME takes minority stake in social trading startup Finect

BME takes minority stake in social trading startup Finect

01 February 2018  |  5338 views  |  0 comments | 3 tweets | 3 linkedin

The Spanish stock exchange BME has acquired a 9.7% stake in local social trading community Finect as part of a tech-led diversification strategy.

UK government invites applications for trade mission to New York FinTech Week

UK government invites applications for trade mission to New York FinTech Week

01 February 2018  |  6942 views  |  0 comments | 13 tweets | 4 linkedin

The UK government is calling on local fintech firms to join a trade mission to New York Fintech Week in April.

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