Tagged: uk

August 8, 2026 @ 7:35 am By Omar Faridi  |  

UK digital bank Monzo has surpassed one million business accounts, marking a significant milestone for the challenger more than six years after introducing the service. Monzo Business announced the achievement in late July 2026, confirming it now supports over a million UK business customers. This… Read More

August 7, 2026 @ 12:18 pm By JD Alois  |  

Wintermute has boosted its US presence by becoming a FINRA registered broker dealer. Wintermute was founded in London in 2017. A US office was established last year (2025). The company is a crypto-native market maker, operating across centralized exchanges (CeFi), DeFi, and moving more into… Read More

August 6, 2026 @ 4:00 am By JD Alois  |  

Coinbase (NASDAQ:COIN) has announced the addition of 24-hour trading of equities five days a week in the UK. According to a note from Coinbase UK, customers will be able to trade approximately 4,000 stocks, as well as manage their crypto and other financial needs, all… Read More

August 5, 2026 @ 6:10 pm By Omar Faridi  |  

Triodos Bank and Ethex continue advancing the United Kingdom’s direct impact investment landscape by connecting everyday investors with projects that deliver measurable social and environmental benefits. In the UK, direct impact investing allows individuals to place capital straight into specific organisations or initiatives rather than… Read More

August 5, 2026 @ 2:27 am By Omar Faridi  |  

Pump.fun, the Solana-based platform that allows users to quickly launch meme coins, has come under scrutiny following reports that it terminated employees just weeks or months before their company token grants were set to begin unlocking. An investigation by Sandmark, drawing on internal documents, emails,… Read More

August 4, 2026 @ 10:26 am By Omar Faridi  |  

Robinhood Markets (NASDAQ: HOOD) has achieved an important regulatory milestone in Britain. Its local subsidiary, Robinhood U.K. Ltd, was added to the Financial Conduct Authority’s register of cryptoasset firms effective 31 July 2026. This registration under the existing anti-money laundering and counter-terrorist financing rules allows… Read More

August 3, 2026 @ 2:40 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) has revealed its intention to purchase MDSec Consulting Limited, a specialized information security firm based in the United Kingdom. The move aims to reinforce the bank’s defenses against increasingly sophisticated digital threats. Announced on July 30, 2026, the transaction is… Read More

July 30, 2026 @ 11:46 pm By JD Alois  |  

Earlier this year, the UK Financial Conduct Authority (FCA) completed a “Stablecoin Sprint” to better understand the emerging digital currency market. The initiative included about 75 participants, including traditional finance and Fintechs, addressing payments and transfers. This past week, the regulator provided an update on… Read More

July 30, 2026 @ 11:43 am By JD Alois  |  

Marex, via its Winterflood division, is offering retail investors access to the Jersey Mike’s (JMKE) initial public offering (IPO). Jersey Mike’s is floating 43,478,261 shares on the New York Stock Exchange at a price of $23 per share. Jersey Mike’s Subs is a restaurant franchisor… Read More

July 28, 2026 @ 10:44 pm By Omar Faridi  |  

Customers of several major UK high street banks faced disruptions to digital banking services on Monday, with widespread reports of difficulties completing online transfers and payments. Account holders at institutions including Lloyds Banking Group brands and Barclays encountered problems that began emerging around midday, according… Read More

July 27, 2026 @ 8:33 am By JD Alois  |  

Open banking platform Salt  Edge has made a strategic investment in Sientia. Sientia is a “payments-linked advertising platform” that supports rewards, loyalty programs, and insight into purchasing activity. Sientia is a bootstrapped firm that works with global brands including Adidas, Ocado, Lyle & Scott, Honest… Read More

July 24, 2026 @ 8:54 am By Omar Faridi  |  

UK digital bank Monzo has teamed up with the Centre for Inclusive Money at Nest to tackle the significant shortfall in retirement savings among the country’s self-employed workers. The collaboration aims to examine practical ways banks can encourage sole traders and freelancers to put money… Read More

July 24, 2026 @ 1:56 am By Omar Faridi  |  

KPMG UK has offered its expert perspective on the most recent inflation statistics released for June, highlighting a continued easing in price pressures while cautioning about potential future challenges. The professional services firm emphasized that the data reinforces the Bank of England‘s measured stance on… Read More

July 22, 2026 @ 9:37 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has shared that it will work with top-tier AI firm Anthropic on its “Supercharged Sandbox,” an environment where firms can test AI products and models geared towards financial services. The FCA stated that all accepted entities will gain access… Read More

July 22, 2026 @ 9:13 am By JD Alois  |  

The UK government is in the midst of a significant change following the exit of Keir Starmer and the selection of Andy Burnham as the new Prime Minister. While industry and financial services remain optimistic about the new government, clarity on policy will emerge over… Read More

July 22, 2026 @ 8:17 am By Omar Faridi  |  

Zilch, a player in flexible payments, has announced a strategic collaboration with Rezolve AI, a provider of AI-driven commerce and customer engagement solutions. The alliance integrates Rezolve AI’s Reward platform into Zilch’s ecosystem, significantly broadening access to UK retailers through the company’s Intelligent Commerce offering…. Read More

July 21, 2026 @ 10:50 am By JD Alois  |  

The new Prime Minister, Andy Burnham, raises many questions for the entrepreneurial class, including the key Fintech sector. Innovate Finance, an advocacy group supporting innovation in financial services, has distributed an email sharing thoughts on the new government. Many pundits note that Burnham will swing… Read More

July 21, 2026 @ 9:03 am By JD Alois  |  

UK Fintech funding slowed in the first half of 2026, according to a new report. In total, $1.5 billion was raised during the first 6 months of 2026, down 26% from the same period the year prior and a decline of 35% from the last… Read More

July 20, 2026 @ 1:35 pm By JD Alois  |  

According to reports, John Healey, the former Defense Secretary who resigned from the Starmer government last month, has been selected to replace Rachel Reeves as Chancellor of the Exchequer. John Burnham has taken over as Prime Minister, and he has quickly moved to oust Starmer loyalists…. Read More

July 19, 2026 @ 9:22 pm By Omar Faridi  |  

Creditspring has announced that it has surpassed £1 billion in total loans disbursed to its members. This milestone underscores the growing appeal of its innovative subscription-based lending model amid persistent economic challenges for British households. Founded in 2016, Creditspring operates as an FCA-regulated responsible lender… Read More