Fintech startup TrueLayer raises $25 million
London-based fintech startup TrueLayer has raised $25 million from investors including Temasek, Anthemis, Connect Ventures and Northzone, the company said on Monday. The firm, which develops technology that enables financial technology companies to access account data from high street banks, said it will use the funding to continue to grow its business. Founded in 2016, TrueLayer is one of several startups seeking to take advantage of European Union and UK open banking rules which require lenders to open up their data to other companies so they can tailor products to their customers. “The company is growing,” said Francesco Simoneschi, TrueLayer’s chief executive and co-founder. “We wanted to continue to increase […]
Rapyd launches end-to-end card acquiring ability in Europe
Rapyd’s card acquiring access provides the simplest solution to European companies looking at expanding into different markets.
Kickstart job scheme “great opportunity” for fintech, says boss looking to take on 30 roles through programme
The CEO of a Scottish-based fintech DirectID believes the government’s coronavirus Kickstart scheme “is a great opportunity”.
UK fintech Mode to float on London Stock Exchange
UK fintech startup Mode is looking to raise £7.5 million through a float on the London Stock Exchange.
Chip preps £10m crowdfunding campaign
UK smart savings app Chip says 25,000 people have pre-registered for its upcoming Crowdcube campaign, which aims to raise £10 million.
UK digital bank Ziglu launches P2P payments for Bitcoin and Bitcoin Cash
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s FCA.
Fintech leaders launch Fintech for All Charter
Representatives across the UK fintech community have launched the Fintech For All Charter.
Lending Works and Lendable named in Tech Track 100
Peer-to-peer lending platforms Lending Works and Lendable have been named in the Tech Track top 100 fastest-growing tech companies in the UK.
