23 May 2018

Latest start ups news

Barclays Bank sets up tech venture unit

Barclays Bank sets up tech venture unit

16 April 2018  |  11351 views  |  0 comments | 16 tweets | 22 linkedin

Barclays Bank has launched a new venture unit to invest in and partner with tech companies in a drive to find new opportunities for growth and innovation.

Standard Chartered opens Hong Kong innovation lab

Standard Chartered opens Hong Kong innovation lab

16 April 2018  |  7447 views  |  0 comments | 4 tweets | 8 linkedin

Standard Chartered has opened an innovation lab in Hong Kong to tap emerging financial technologies and data science in the region.

Goldman Sachs acquires PFM startup Clarity Money

Goldman Sachs acquires PFM startup Clarity Money

16 April 2018  |  9594 views  |  0 comments | 9 tweets | 10 linkedin

Goldman Sachs has acquired personal financial management startup Clarity Money, as it continues its march into the retail financial services.

Oval Money raises £1.3 million

Oval Money raises £1.3 million

13 April 2018  |  8293 views  |  0 comments | 5 tweets | 3 linkedin

Oval Money, the budget management app launched by the former CEO of Uber Italy, has raised £1.3 million in fresh funding, with 60% of the cash generated by individual investors on Crowdcube.

Starling chief slams Treasury over RBS fund allocation

Starling chief slams Treasury over RBS fund allocation

12 April 2018  |  10711 views  |  2 comments | 5 tweets | 11 linkedin

Anne Boden, chief executive of Starling Bank, has hit out at the Treasury over its decision to allow some of the UK's largest banks to bid for millions of pounds of funding from a Royal Bank of Scotland bailout fund intended to boost competition in the SME business banking market.

Zopa restructures ahead of bank launch

Zopa restructures ahead of bank launch

12 April 2018  |  7169 views  |  0 comments | 5 tweets | 2 linkedin

P2P lender Zopa is restructuring its business into three distinct entities as it prepares for the launch of its challenger bank proposition in the UK.

Countingup launches small biz bank account with built-in accountancy tools

Countingup launches small biz bank account with built-in accountancy tools

10 April 2018  |  6059 views  |  0 comments | 4 tweets | 2 linkedin

Countingup, a UK startup that combines a business current account with a built-in accounting package, has emerged from beta.

Seismic Foundry fintech fund to raise fresh capital

Seismic Foundry fintech fund to raise fresh capital

09 April 2018  |  6616 views  |  0 comments | 1 tweets | 1 linkedin

Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.

Challenger bank gives up licence to focus on IT platform

Challenger bank gives up licence to focus on IT platform

06 April 2018  |  13947 views  |  0 comments | 17 tweets | 17 linkedin

A UK challenger bank aimed at the SME business sector has opted to give up its banking licence in order to spend more time developing its IT infrastructure prior to its launch.

SEC KO's Mayweather-backed ICO over fraud allegations

SEC KO's Mayweather-backed ICO over fraud allegations

04 April 2018  |  12003 views  |  0 comments | 3 tweets | 8 linkedin

An initial coin offering (ICO) that raised $32m and was backed by celebrity boxer Floyd Mayweather has been dealt a knockout blow after the US Securities and Exchange Commission (SEC) arrested the company's founders for fraud.

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