FutureBricks is helping an industry lay foundations: Fintech interview 25
FutureBricks is a tech startup that enables people to invest savings in housing projects, which offer high interest and are secured against properties, while making money available to small building companies. It is solving three problems in the UK...
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Innovate Finance expands national network with three regions added
I recently spoke to Innovate Finance’s CEO about the desire to get fintechs to look beyond London when establishing themselves. To this end...
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TSB enables customers to open an account with a selfie
TSB is integrating technology into its banking app that will allow people to open accounts via a selfie.
Esme Loans sprouts from firm foundations: Fintech interview 24
Big traditional banks have embraced fintech, some more than others, with Royal Bank of Scotland/NatWest one of the more active. Through its innovation cells RBS Group incubate startups in a Wework office in central London. At the back end of 2016 as part of this project, the banking group...
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Latest UK fintech investment figures reflect the evolution of the sector
More established UK fintech’s were the biggest recipients of investment in the first half of this year, which demonstrated that businesses are maturing. Investment in UK fintechs in the first half of this year was $2.9bn, which is 85% of the total invested in 2018, according to figures from...
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People that have never heard of the cloud enjoy cloud services, so why should open banking differ?
According to a survey from banking software supplier Crealogix, there is lack of awareness of open banking among UK current account holders. In fact its survey carried out by Censuswide found that two thirds of them had never heard of open banking....
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Fintech pioneer helps to give fintech treatment to debt financing after Fidor sale
Matthias Kröner set up one of the first digital banks back in 2009 when he formed Fidor. Fidor was launched in Germany before spreading elsewhere including the UK. It quickly gained momentum, through...
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What do the fintechs think of Facebook’s cryptocurrency Libra?
Facebook’s announcement of its planned cryptocurrency, Libra, has created much debate. The plan has been welcomed in some quarters as a way of helping financial services reach the unbanked but these views have been more than counterbalanced by a high level of scepticism. There are certainly...
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The ID Co passport to travel the internet: Fintech interview 23
Edinburgh based The ID Co set about solving one of the biggest challenges’ facing businesses that want to make buying financial, or for that matter any other product online, as convenient as dragging and dropping an app icon. That was in 2011. Today the...
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Scepticism and the challenges beyond for Facebook’s Libra
So Facebook has announced plans for its cryptocurrency project, known as Libra. According to Facebook it will “enable a simple global currency and financial infrastructure that empowers billions of people”. But to get...
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