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Fintech

  • Retail investors flock to sustainability firms

    January 10, 2022

    Retail investors have flocked to ‘cleantech’ and sustainability firms as they look to capitalise on a wave of new entrants to the sector.

  • Fintech PrimaryBid on verge of £110m Softbank backed round

    January 8, 2022

    Fintech company PrimaryBid is close to finalising the details of a $150m (£110m) funding round led by SoftBank's Vision Fund II according to weekend reports.

  • Fintech firms unite again over Open Banking

    January 7, 2022

    Fintech firms have come together to offer another robust defence of Open Banking just days after rebuffing claims from Starling boss Anne Boden that the initiative had failed. Speaking at an event organised by Open Banking Excellence, speakers from leading fintechs including Plaid, Token and Klarna argued that Open Banking was underpinning the rollout of [...]

  • Buy Now Pay Later firm Klarna claims ‘credit cards pose the real risk’

    January 7, 2022

    Klarna has claimed credit card providers pose a bigger risk to consumers as Government prepares to clampdown on the BNPL sector.

  • Starling Bank boss denounces investors over gender funding gap

    January 6, 2022

    Starling Bank boss Anne Boden criticised venture capital investors today over the growing gender funding gap, claiming they were only willing to back female-led companies “in so-called normal times”. In her annual letter which outlined the bank’s priorities for the year, Boden cited data from Dealroom which showed that venture capital raised by women founders [...]

  • Back British: Tech boss calls on UK pension funds to invest at home

    January 6, 2022

    The boss of a national start-up group has called on pension funds to back British tech businesses and “take more of an interest in the next generation of UK companies”.  Gerard Grech, CEO of TechNation, which works with smaller tech firms to boost growth, said that the UK was a global leader in technology but [...]

  • UK fintech investment surges after regulation refresh

    January 6, 2022

    Investment into UK fintech firms surged last year as investors looked to capitalise on new regulation in the sector, research has revealed. Total investment into British fintechs jumped more than 217% to $11.6bn in 2021, second only to US firms globally which saw $46bn of investment, according to figures from Innovate Finance, the UK fintech [...]

  • Fifth of adults using buy-now-pay-later services once a month

    January 5, 2022

    Usage of buy-now-pay-later (BNPL) services has exploded over the past year, according to new research from TSB.

  • Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022

    January 5, 2022

    Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]

  • Banker bots: Amid increasing competition for top talent, banks could turn to AI

    January 4, 2022

    Banks could begin to turn to artificial intelligence (AI), after the competition for top talent has prompted a battle of who can name the highest salary figure for newcomers. JPMorgan and Goldman Sachs have already dedicated teams to modernising their M&A advisory and capital markets businesses. And with pay for junior analysts at rival Morgan [...]

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