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Fintech

  • Fintechs are failing on financial inclusion, says commission chair

    October 12, 2022

    Fintech firms are not widening the net to struggling consumers as they battle a cost of living crisis this year, the chair of the Financial Inclusion Commission has warned.

  • The 30 rising dealmaking stars – but only one of them is a woman

    October 11, 2022

    A NEW ranking of London’s ‘rising star’ public market dealmakers includes only one women in its list of the capital’s top 30 youngsters. The list, compiled by financial intelligence firm MergerLinks, is based on the size of deals and their perceived financial complexity. Goldman Sachs’ Cara Pazdon is the only woman on the list. The City has [...]

  • Plus500 set to sail past targets as profit hits £369m

    October 11, 2022

    Trading firm Plus500 said it expected to sail past profit guidance for the year today on the back of surge in trading activity as investors looked to profit from market volatility.

  • 3 Great Tech Roles To Apply For This Week

    October 10, 2022

    Looking for a new job in tech? The UK is expected to add nearly 15,000 technology-related jobs this year, according to a recent report from the Computing Technology Industry Association (CompTIA), a nonprofit association for the information technology (IT) industry and workforce. The report also states that there are already two million tech workers across [...]

  • Tax credit experts Adsum: Firms can’t wait for Truss to solve problems – pursuing digital transformation is key

    October 7, 2022

    With Liz Truss’ government looking to kickstart the economy through low taxes and deregulation, City A.M. sat down with the head of a fintech tax credit specialist, to find out how businesses can overcome challenges. Co-Founder and Director at Adsum, Freddie Digby, spoke at length about the challenges facing UK businesses at present, and while [...]

  • Exclusive: UK data-driven lender Channel launches £300m plan for fintech SMEs

    October 6, 2022

    A data-driven lending firm has launched a new £300m funding plan for fintechs SMEs. A third of the UK-based Channel Capital Advisors’ £300m shot-in-the-arm will be released immediately, City A.M. can exclusively reveal.  The fund, which has backing from global investors, will support digital lending fintech platforms that need cash to finance their loans to [...]

  • Pension cash could flow into start-ups under new fee cap changes

    October 6, 2022

    Pension cash could be freed up to fuel the growth of UK start-ups under new plans published today to loosen a cap on pension money management fees.

  • High-cost lenders pose ‘increased’ risk as cost of living rises, FCA warns

    October 6, 2022

    High cost lenders need to tighten their lending criteria as cash-strapped Brits turn to debt to cope with the rising cost of living, the financial watchdog has warned.

  • JPMorgan set to double UK headcount of digital bank Chase

    September 28, 2022

    JPMorgan is planning to double the headcount of its British digital bank Chase in the next two years as it looks to guzzle up market share from the UK’s fintech lenders.

  • Revolut wins full crypto authorisation from City regulator

    September 27, 2022

    Revolut has secured authorisation to provide full crypto services in the UK after months of wrangling with the City regulator as it waited on a temporary register.

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