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Fintech UK

Your trusted resource for the latest news and updates in UK Fintech Sector. The UK is Europe’s leading country for global tech investors, with British tech firms attracting more venture capital funding than any other European country in the last year.

WITHOUT FINTECHS, THE UK IS SERIOUSLY LAGGING BEHIND GLOBAL RIVALS IN DIGITAL

UK financial service organisations are lagging behind China, Singapore, the US and Australia in adopting new technology and investing in the digital customer experience UK fintechs however fare better against global competitors and have imminent plans to make improvements Seismic changes in UK policy and legislation could be negatively impacting …

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Open Banking And an Established Financial Industry

The Fintech Times asked: What key challenges does open banking bring to an established financial industry? SIMON GILBERT, Founder and Managing Director, at Elmore Insurance Brokers Limited, specialists in FinTech Insurance. PSD2 will not only bring more competition to the existing players but it is driving innovation through their core business …

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SCOTTISH FIRM TACKLING CORRUPTION IN LATIN AMERICA

Altia-ABM, a Glasgow-based software company, has been tasked with helping fight corruption and fraud in Central and South America, in partnership with the UK’s National Crime Agency and Crown Prosecution Service. Altia-ABM is one of the UK’s leading providers of specialist software and services to facilitate criminal and financial investigations. The …

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Innovate Finance reveals record VC investment in UK FinTech in 2017

Innovate Finance, the UK membership association that represents global FinTech, today announced the findings of its 2017 FinTech VC Landscape report.   Commenting on the findings, Charlotte Crosswell, CEO of Innovate Finance, said: “Our 2017 FinTech VC Landscape report demonstrates that the UK’s FinTech sector is cementing its position as …

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Global VC FinTech investment attracts $6.5 Billion in H1 2017 – with UK investment up 37%

Global VC investment for FinTech in H1 2017 attracted $6.5 billion of VC investment with 787 deals, a 45% decrease year on year, according to statistics compiled through Pitchbook by Innovate Finance, the not-for-profit membership association for global FinTech.   H1 2017 saw 787 deals globally, attracting $6.5 billion of VC investment, …

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UK EdTech companies turn to SyndicateRoom for international growth

EdTech companies turn to SyndicateRoom for growth capital, Gooseberry Planet and Dem Dx seek £750K via the platform. Online investment platform SyndicateRoom today announces that two EdTech companies, Gooseberry Planet and Dem Dx, are seeking funds through its network of investor members. EdTech has been cited the fastest-growing sector in the UK this month, after British EdTech …

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UK bank customers access their account online in record numbers – high trust in their main bank

While all major UK banks offer facilities to transfer money, pay bills and manage accounts digitally, many customers still prefer to bank in person, or by phone. Brits still use digital banking to check their balance but are falling behind their European counterparts in countries like Germany, the Netherlands and …

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