Posts Tagged ‘UK’

London fintech delegation reveals deeper Australia-UK tech links

Ten Australian fintech start-ups are in London this week on a trade delegation arranged by the Australian British Chamber of Commerce, a sign of deepening ties between the two nation’s technology scenes. The start-ups in the group are Everproof, Trade Ledger, TRAction FinTech, Adviser Rating, InDebted, CYDARM Technologies, HyperIntel, Airlock Digital, Aleron and Randtronics. The group […]

Irish-founded fintech firm Trezeo kicks off £400,000 campaign

Irish-founded fintech firm Trezeo has kicked off a campaign on crowdfunding platform Seedrs as it seeks to raise more than £400,000 to develop its products. The company, which is focusing initially on the UK market, aims to deliver financial stability to self-employed workers, with an income smoothing business account that will give customers a regular […]

Nationwide launches £50m fintech fund

UK building society Nationwide has joined the fintech venture fund party, putting aside £50 million to invest in promising startups. The mutual will be focussed around seven main themes: house and home; personal data and identity; financial wellness; community and society; banking-as-a-platform; operational efficiency; and new segments. The building society is stressing that it is not […]

Business angels favouring fintech investments

The UK Business Angels Market report, which is published by the British Business Bank, found that 24 per cent of business angels favoured fintech. This put the sector just behind healthcare and life sciences and slightly ahead of software as a service in the areas most sought after. 57 per cent of business angels surveyed are […]

UK FinTech group launches real-time financial data app

A UK-based FinTech group has launched a new data company which will provide access to the company’s real time data resources. Infinian, created by FinTech company Quint Group, will provides data to financial services including data on credit risk, fraud, collections and tracing, and enhancement. According to Sam Colclough, CIO at Infinian, the company’s unique […]

UK workers lose £2.1 billion every year by not claiming expenses, start-up Pleo wants to change that

More than one-third of workers say they never claim business expenses back, and over half say they will not claim unless they are owed more than £5. All of this is to the detriment of UK workers who are losing £2.1 billion every year through unpaid business expenses. The London and Copenhagen-based start-up named Pleo wants […]

Meet the 35 most exciting young entrepreneurs, engineers, and advisors in UK fintech

Fintech is a big business in the UK. The British Treasury has now held two conferences to promote the country’s burgeoning fintech industry on the world stage and the government estimates that the entire sector is worth £7 billion to the UK economy. That’s up from almost nothing a decade ago. Business Insider has covered […]

Fintech envoy for Northern Ireland appointed

Georgina O’Leary, Director of Innovation, Research and Development at Allstate has been appointed as the government’s new fintech envoy for Northern Ireland. Georgina will be responsible for promoting Northern Ireland’s thriving fintech sector and championing it as a place for firms to develop and grow their business. She is the digital transformation leader at Allstate and […]

FinTech: Q&A With Simon Taylor, 11:FS Co-Founder

Recent news from London’s burgeoning FinTech hub has been encouraging for the city as it faces other challenges politically. The Brexit vote means that hiring tech talent is also a huge obstacle to growth. However, last month’s announcement that London FinTech Revolut is now a so-called unicorn with a $1.7 billion valuation and TransferWise working […]

UK fintech sector calls on Government to tone down hostile immigration policy

Innovate Finance, an independent membership association that represents the UK’s global FinTech community, has warned about the threat to the fintech sector from a tightening of the rules on overseas workers. The UK fintech sector currently employs some 76,500 people, of whom 42% are from overseas – 28% from European Economic Area (EEA) countries, and 14% […]