​Any surprises here? In the same week that Bank of England, Deputy Governor for Financial Stability (John Cunliffe) said “Financial assets with no intrinsic value … are only worth what the next buyer will pay. They are therefore inherently volatile, very vulnerable to sentiment and prone to collapse,” we learn of yet another crypto firm filing for bankruptcy and the protection it affords..  Put another way: technology can’t remove all financial risks.  Celsius Network, one of the world’s largest cryptocurrency lenders, filed for bankruptcy, following a wave of digital a ..read more

​By Peter Oakes, Founder of Fintech UK Don't forget to subscribe to our Newsletter and visit our Crypto & Digital Asset page for information.   Background: MiCA is part of the larger digital finance package, which contains a digital finance strategy, a Digital Operational Resilience Act (DORA) – that will cover CASPs - and a proposal on distributed ledger technology (DLT) pilot regime for wholesale uses. MiCA is intended to bridge a gap in existing EU legislation: ensuring that the current legal framework does not pose obstacles to the use of new digit ..read more

Intersystems, has today released its research ​survey of over 500 senior decision-makers at fintechs across 12 countries, including the UK and Ireland, North and South America, and Australia and Southeast Asia. Link:  Access Intersystems Research Here ​ Other Relevant Material:  Access Fintech Ireland Maps Here Access the Fintech Ireland Maps Event Material Here Data has Become the Biggest Technical Challenge for 81% of Fintechs Worldwide Issues with data prevent fintechs from improving service offering and adopting next-gen technologies according to new sur ..read more

Click Image for larger picture UK Registered Cryptoasset Map Version 1.0 Monday 20th December 2021 Welcome to the first edition (version 1) of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) registered Cryptoasset Firms. There are 27 UK registered Cryptoasset firms appearing on the UK's Financial Conduct Authority's (FCA) website as at Monday 20th December 2021. The first of these firms were registered in 2020.  According to the UK FCA's records, the first registered Cryptoasset firm was Archax on 18 August 2020.  The most re ..read more

FinTechUK.com and UKFinTech.com are happy to share this information from the Department for International Trade regarding its Digital Trade Mission: UK-Southeast Asia Fintech Series 2020. DEPARTMENT FOR INTERNATIONAL TRADE (UK) is launching UK-Southeast Asia Fintech Series aimed at UK fintech companies, focused on the following themes: Sustainability – including environmental (e.g. green solutions) Social (e.g. financial inclusion) Governance (e.g. regulatory technology) The series will highlight emerging opportunities in Southeast Asia and help UK fintech companies build a network as the ..read more

Why are Non-Executive Directors (NED) required at a broad range of companies and what should you expect of a NED? Why are Non-Executive Directors (NED) required at a broad range of companies and what should you expect of a NED? This article by Kerman & Co on The Role of Non-Executive Directors in Growth Companies, particularly considering the factors NEDs in growth companies need to focus on during the #Coronavirus pandemic, is worth a read. https://www.kermanco.com/news/the-importance-of-non-executive-directors-during-the-coronavirus-pandemic/ Kerman's team not ..read more

Delighted that FINTECH UK and Fintech Ireland this year are again community partners of FinTech Abu Dhabi which this year is cohosted by Abu Dhabi Global Market (ADGM) and Central Bank of The UAE. Just 1 day to go to join #FinTechAD’s online #UK stop, on the 5th of August, and hear from #FinTech experts Julie Lake, Founder FinTechCity - The FinTech 50 & Johan Lundberg Founding Partner, NFT Ventures to discuss 'The Next Generation; How to spot a great #Fintech startup'. Click Here to Register ..read more

Cryptoasset promotions Consultation The UK government is consulting on a proposal to bring certain cryptoassets into the scope of financial promotions regulations. FintechUK intends to provide a response.  If you would like to join our industry response, please contact us at hello@fintechuk.com with your full contact details.  We'll be in touch on a plan for the response.  This consultation closes at 12:15am on 26 October 2020. We'll use the definition in the Consultation Paper as a baseline for the response, however as definitions are key to everything, responses o ..read more

Join our Fintech UK mailing list to ensure you are kept informed of UK Fintech news and events. [Other mailing lists are Peter Oakes (Regulation & Law) and Fintech Ireland (Irish Fintech stuff)]. PLEASE SCROLL DOWN THIS PAGE FOR A SELECTION OF NEWS FOR UK FINTECH.  If you have an idea for, or have written an informative article, for publication of this website, contact us at hello@fintechuk.com with details.  We may be able to add it to our News Page. Examples include thought-leadership articles on Fintech and how the UK is shap ..read more

Gary Hemming, Commercial Lending Director at ABC Finance Ltd Thanks to Gary Hemming for the update on ABC Finance Ltd launching the United Kingdom's first bridging loan comparison tool.   Staffordshire based commercial finance brokerage ABC Finance have launched the UKs first online bridging loan comparison tool.   ABC Finance expects the tool to be used by 5,000 people in its first year.  The comparison tool is designed to improve access to funding for consumers and businesses throughout the COVID pandemic and beyond.   On its launch, the system will compare ove ..read more