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Tag: london

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

ALT/AVE scores £535,000 to combat paper waste in banking

London-based ALT/AVE has received a £535,000 capital injection, which was comprised of a grand and pre-seed funding.

Darktrace said to be considering £3bn listing on London Stock Exchange

UK-based cybersecurity unicorn Darktrace is reportedly eyeing a £3bn listing on the London Stock Exchange.

Zego releases two insurance products for moped and e-bike fleets

London-based InsurTech Zego has launched two new flexible insurance products aimed at moped and e-bike fleets in the UK.

DeFi platform Gro collects $7.1m in its seed round

Decentralised finance platform Gro has collected $7.1m in its seed round, which will support it hiring staff and deepening its products.

Greenlight Re Innovations invests into London-based Nimbla

Greenlight Re Innovations has made an investment into digital managing general underwriter Nimbla.

FCA censures Premier FX for breaking payment services rules

A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment accounts under the Payments Services Regulations.

HUBX raises $5.5m in new funding round

Private capital raising platform HUBX has secured $5.5m in new funding.

Tymit picks Marqeta to power its borrowing platform

London-based credit card provider Tymit has picked card-issuing venture Marqeta to power a new generation of borrowing that hands greater control to consumers.

Klarna rival Zilch raises $30m to support its continued growth

Zilch, a London-based FinTech pegged to be the rival to Klarna, has closed an additional $30m in funding to close an oversubscribed pre-Series B in under three weeks.

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