Tag: UK

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SumUp bags €285m in latest funding round to fuel expansion plans

SumUp secures €285 million in fresh funding for international growth and expanding payment services for SMEs. Sixth Street Growth leads the funding round,...

Coventry Building Society reportedly eyeing Co-operative Bank takeover

Coventry Building Society is in talks with Co-operative Bank for a potential takeover. Ongoing discussions are not exclusive, as per a Sky News...

Liberis bags $112m in debt financing to fuel expansion in North America and Europe

Funding Boost: UK-based Liberis secures $112 million in debt financing from HSBC Innovation Banking and BCI Capital. Expansion Plans: Liberis aims to expand its embedded...

Funding Circle appoints Coconut co-founder Adam Goodall as VP of product

Funding Circle Appointment:Adam Goodall appointed as the new Vice President of Product at Funding Circle. Goodall joins Funding Circle from Coconut, a...

UK regulators issue joint proposals to tackle risk of financial instability posed by CTP dependency

UK regulators (Bank of England, PRA, FCA) collaborate on proposals Legislative proposals target potential financial instability from relationships with critical third parties (CTPs) ...

UK’s FCA proposes new rules to protect access to cash

The UK's Financial Conduct Authority (FCA) proposes new rules to safeguard access to cash amid the rising popularity of digital payments. Designated banks...