Tag: UK
UK challenger Zopa taps ClearScore’s D•One for open banking-powered credit assessments
Zopa Expands Partnership with ClearScore Group for Open Banking Technology
Key Highlights:Partnership Expansion:Parties Involved: Zopa (UK digital bank) and ClearScore Group
Focus: Consumer...
ICYMI fintech funding round-up: Carry, Fragment, Powder, and more
ICYMI Funding Round-Up
CarryFunding: $10 million Series A
Lead Investor: Accomplice VC
Valuation: $65 million pre-money
Purpose: Hiring, R&D initiatives
Additional: Opened $1 million...
Revolut secures UK banking licence with restrictions, enters mobilisation stage
Key Points:Licence Acquisition:Revolut has secured a UK banking licence with restrictions from the Prudential Regulation Authority (PRA).
The company is now in...
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 led by Morgan Stanley Expansion...
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.Implementation Date:New guidelines take...
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 was made to focus on...