Banking
UK challenger Aldermore Bank enters strategic partnership with Mambu
Strategic Partnership: Aldermore Bank has entered into a strategic partnership with cloud banking platform Mambu to modernize its technology.
Bank Overview: Aldermore Bank, founded in...
Banking
Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
Banking
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership...
Banking
European Central Bank highlights continued sector-wide risk in latest Financial Stability Review
Real Estate Struggles:Geopolitical tensions, lacklustre growth, and inflation impact European financial markets.
Residential and commercial real estate markets in the euro area...
Banking
Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn
Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan.
Bank managers seek to increase profitability by reviewing proposals,...
Banking
UK fintech Fnality raises £77.7m in Goldman Sachs and BNP Paribas-led Series B
Fnality, a UK-based blockchain payments firm, secures £77.7 million in a Series B funding round led by Goldman Sachs and BNP Paribas.
Series...
Banking
UK challenger Monument Bank completes £40m Series B raise, eyes more funding
UK digital bank Monument secures £40 million in Series B funding.
Dubai Investments increased its stake in Monument from 9.25% to 16.93%.
Monument's...
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