25 February 2017
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Monzo draws £19.5 million funding; returns to Crowdcube for further £2.5 million

Monzo draws £19.5 million funding; returns to Crowdcube for further £2.5 million

23 February 2017  |  3598 views  |  0 comments | 7 tweets | 3 linkedin

Mobile-only bank Monzo has agreed a £19.5 million investment round with Thrive Capital, Passion Capital and Orange Digital Ventures and announced plans for a further £2.5 million crowdfunding raise.

Bharti Airtel takes stake in fintech lending startup

Bharti Airtel takes stake in fintech lending startup

23 February 2017  |  4052 views  |  0 comments | 4 tweets | 3 linkedin

Indian telco Bharti Airtel has acquired a stake in fintech loan startup Seynse Technologies.

New fintech degree course aims to churn out next generation of entrepreneurs

New fintech degree course aims to churn out next generation of entrepreneurs

23 February 2017  |  4172 views  |  0 comments | 8 tweets | 7 linkedin

Budding entrepreneurs looking for a career in the fast-growing financial technology industry can now sign up to the UK's first fintech undergraduate degree course at Wrexham Glyndwr University.

Starling releases Open API, talks up marketplace model

Starling releases Open API, talks up marketplace model

23 February 2017  |  5508 views  |  0 comments | 16 tweets | 15 linkedin

UK challenger bank Starling is to release its API to third party developers as it undertakes its first hackathon and prepares for the forthcoming launch of its banking-as-a-service marketplace platform.

UK and Ontario regulators form fintech pact

UK and Ontario regulators form fintech pact

23 February 2017  |  4098 views  |  0 comments | 14 tweets | 9 linkedin

The UK's Financial Conduct Authority (FSA) has inked a deal with the Ontario Securities Commission (OSC) designed to make it easier for fintech startups from each market to gain access to the other.

Chatbot savings app Plum partners P2P lender Ratesetter

Chatbot savings app Plum partners P2P lender Ratesetter

22 February 2017  |  3735 views  |  0 comments | 13 tweets | 5 linkedin

British AI-powered savings Facebook Messenger chatbot Plum is to start steering users that are willing to take on risk in exchange for higher interest rates to P2P lender Ratesetter.

Global fintech funding plunges in 2016 but expected to regain momentum in 2017

Global fintech funding plunges in 2016 but expected to regain momentum in 2017

21 February 2017  |  5518 views  |  1 comments | 24 tweets | 14 linkedin

Funding for fintech companies around the world plummeted in 2016, with American and European firms experiencing a particularly sharp drop in investment, according to a report from KPMG and PitchBook which nevertheless predicts a bumper 2017.

Russian banks co-operate on fintech accelerator

Russian banks co-operate on fintech accelerator

21 February 2017  |  5252 views  |  0 comments | 14 tweets | 3 linkedin

Four Russian banks are working in collaboration with MasterCard and Accenture to run a fintech lab and accelerator to engage with local startups and foster a co-operative spirit in the development of new banking products and services.

RBS to become fintech fund and high street outlet for challenger banks under HMT remedy

RBS to become fintech fund and high street outlet for challenger banks under HMT remedy

20 February 2017  |  8566 views  |  0 comments | 40 tweets | 34 linkedin

The UK Government is proposing a package of measures worth £750 million which would transform state-owned RBS into a gateway for challenger bank access to the high street and small and medium-sized business market.

High rate of defaults hit P2P lending sector

High rate of defaults hit P2P lending sector

20 February 2017  |  6810 views  |  4 comments | 18 tweets | 13 linkedin

Investors in the peer to peer (P2P) lending sector have seen their returns suffer due to a high rate of borrower defaults among start-ups, reports the Wall Street Journal (WSJ).

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