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UK-based challenger bank Tandem has reportedly raised £60m in funding alongside its new plans to purchase a lending company which helps consumers buy solar panels.
Having already established a card processing relationship, Ikano Bank has decided to take its relationship with the European payment provider Nets to the next level.
UK FinTech sector hit a new record for deal activity in 2019 UK FinTech companies have raised over $19.5bn across 1,171 transactions since 2015,...
B-Social, a mobile app which helps to ease the sharing of expenses and paying back friends, has collected £7.8m in funding as it nears the end of its UK banking licence application.
Revolut has finally closed a $500m investment round after years of speculation, leaving people wondering where that leaves other challenger banks and the rest of the FinTech industry.
Finance app Plum is bullish about its ability to attract five million people to its services.
Two Fintech companies who say they share a mission of solving finance problems for people will work closely together after a new acquisition deal.
The UK is often hailed as frontrunner when it comes to challenger banks. However, only one of the leading brands has become profitable.
Swedish Klarna became Europe’s most valuable private FinTech unicorn in 2019 and has kept on growing since.
While British neobanks gained six million new customers in the last six months of 2019, losses and the looming threat of big tech are issues they still need to take seriously.