Revolut applies to become a UK bank
The company holds client cash under a so-called “e-money” license. A full banking license would allow it to offer things like overdraft...
News by FinTech Collective
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UK fintech review to propose changes to visa and listing rules
The review has been tasked by ministers to come up with ideas on how to support the UK’s buoyant fintech sector. The government sees the...
Limit on contactless payments could be raised from £45 to £100 in one of Britain's first steps away from EU rules
The idea was raised to the Treasury by UK Finance, a City lobby group, who joined with card service providers to highlight the need for...
Salary Finance raises $27m in Series D funding
UK based workplace lending company raised $27m in Series D funding led by Experian and Legal & General.
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Asesh Sarkar, Salary Finance's co-founder and chief executive, said 2020 had been "a pivotal year" for the industry. "Inequality in...…
JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank
Starling Bank, having grown its user base to 1.9m UK customers, has sparked acquisition interest amongst major high street banks. Whilst...
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