The days of the “challenger” banks are surely soon to end. Quite simply, the FinTech challengers are set to become the champions. Our friends at UK TechCrunch report the latest and most significant big deal in the sector: Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller […]
The tumult of news continues. Some of the FinTech sector’s players are jockeying for position ahead of the return of whatever it is we’re going to call normality once the Covid-19 epidemic has abated. Our friends at AltFi have an exclusive on the latest FinTech outfit to join the government’s various SME funding initiatives: Nucleus […]
Another day, another mainstream-FinTech partnership aimed at small- and medium-sized enterprise (SME) customers. Our friends at AltFi report the latest: Business banking provider Tide has joined forces with SME accounting firm Crunch in its latest partnership. The new collaboration will allow Crunch users to easily set up a business banking account with Tide and enhance the two firms’ financial […]
The challenger banks have issued their challenge and are engaging in battle. The latest news on the leader of the challenger banks, Revolut, is reported by our friends at AltFi. In a post-Brexit world, the banking launch is a two-stage process. There’s much more news to come from this part of the financial-services world. Revolut has […]
The EU’s regulators are querying the use of blockchain technology in the creation of a European Single Access Point (Esap). Esap will be a platform “for company financial and sustainable investment information”. The sceptic in us asks whether the reasons for concern – as set out below in a report from our friends at Finextra […]
If FinTech is the future of finance – we would argue it’s already the vivid present – then projects like the one reported below are to be welcomed. Private-sector and government partnerships have a somewhat patchy history (bounceback loans (a good idea), for example, are set to bring chaos over the coming months and years). […]
We’ve long argues that Fintech needs to be seen as a legitimate, investable asset by the likes of institutional investment and pension-fund managers. Following last week’s publication of the Kalifa report on FinTech there’s plenty of support for this argument. AltFi makes its own case here: To put it mildly, fintech companies haven’t struggled for […]
Ron Kalifa, a non-executive director of the Court of Directors at the Bank of England and the vice-chairman of WorldPay, has produced a long-awaited report on FinTech. Below we offer a snippet of coverage by our friends at AltFi. The executive summary can be found here. The full report can be found here. In a move that […]
The ill wind of Covid is blowing some good in the direction of the high-tech end of the financial services industry. Our friends at Finextra report this in almost exactly these words, as they bring news of a potential IPO at Atom Bank: The UK’s first app-only bank Atom is to raise £40 million from […]
As we’ve pointed out consistently here in Money&Co.’s News and in the Blog section, 2021 is set to be the year of the digital asset, with the Bitcoin price surge leading a massive resurgence of interest in the area. But for many, the idea of engaging with digital currency remains just that – an idea. […]