Tag: UK
Morgan Stanley buys stake in UK business payments start-up Sokin
Key Points:Acquisition Details:Morgan Stanley has acquired a significant stake in Sokin, a UK-based business payments start-up.
Transaction...
FCA issues new guidelines to ensure cash access for consumers and small enterprises
Key Points:Objective:Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts....
Social trading app Shares set to exit UK market
Key Points:Market Exit:Shares is set to exit the UK market after two years of operations.
The decision...
UK money management app Plum raises £16.1m investment
Key Points:New Investment:Plum secured a fresh investment totaling £16.1 million.
Investment includes a £13.4 million Series B...
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original...
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien
Stake Acquired: 27% of DKK...
RTGS.global co-founder and CTO Andrew Smith announces departure
Andrew Smith to Depart RTGS.globalPosition: Co-founder and Chief Technology Officer (CTO)
Company: RTGS.global, a London-based cross-border settlement fintech
...
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek...
Cash App to exit UK as Block scales back international expansion plans
Summary of Cash App's Exit from the UK MarketCompany: Cash App, a division of Block (formerly known as...
Bux sells UK subsidiary Bux Financial Services Limited to UAE’s Asseta Holding
Summary of Bux Holding's Sale of Bux Financial Services Limited (BFS)Entities Involved:Seller: Bux Holding (Netherlands-based).
Buyer: Asseta...
Starling Bank founder Anne Boden reportedly steps down from board to focus on new AI venture
Summary of Anne Boden's Departure from Starling Bank and New AI VenturePerson: Anne Boden, founder of Starling Bank.
...
FCA announces “biggest changes” to the UK’s listing regime “in over three decades”
Summary of FCA Overhauling the UK's Listing RulesObjective: To support a wider range of companies issuing shares on...