Tag: UK
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority...
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox Funding: UK-based Moneybox secures £70 million, raising its valuation to £550 million, an 84% increase from 2022.
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MDXT acquires UK data management start-up Schematiq
Acquisition and Purpose: MDXT has acquired UK-based data management start-up Schematiq to integrate its technology into a new...
TransUnion appoints HSBC’s Madhusudan Kejriwal as new CEO for UK and Europe
New CEO Appointment: Madhusudan Kejriwal will become TransUnion’s CEO for the UK and Europe starting January 2, 2025.
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Moneybox’s valuation climbs to £550m with new £70m investment
Funding Secured: Moneybox raised around £70 million, boosting its valuation to £550 million, an 84% increase since 2022.
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ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support...
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth...
UK fintech infrastructure platform Manigo snapped up by Invex Ventures
Acquisition Announcement: UK-based private equity firm Invex Ventures has acquired Manigo, a fintech infrastructure platform, for an undisclosed...
UK government looks to strengthen BNPL protections with launch of latest consultation
The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under...
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of...
Barclays signs agreement to become exclusive issuer of GM credit card programme
Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer...
Santander UK enters open banking payments partnership with Token.io
Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure.
The...