Portofino Technologies UK & BNXA UK VASP join Fintech UK's "Who's Who of UK Registered Cryptoasset Map" Version 9.0  27th February 2024 Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please   to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our  If you are are crypto firm seeking regulatory advice or ..read more

Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please  2022: X Capital Group Limited, Enigma Securities Ltd, Light Technology Limited, eToro (UK) Ltd, Uphold Europe Limited, Wintermute Trading LTD, Rubicon Digital UK Limited, DRW Global Markets Ltd,  Zodia Markets (UK) Limited, Foris DAX UK Ltd (aka Crypto.com), Revolut Ltd**, Tullett Preborn (Europe) Ltd, MoonPay (UK) Ltd and Hidden Road Partners CIV UK Ltd ..read more

Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please   to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our  If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing   and check out its VASP registration and other aut ..read more

It is important that the Government and regulators strive to keep pace with developments, including by ensuring that the Financial Conduct Authority's authorisations gateway is open and effective, so that potential productive innovation in financial services is not unduly constrained (Paragraph 31). While we support financial innovation where there are potential benefits, the extent of the benefits cryptoasset technologies may bring to financial services remains unclear. In the meantime, the risks posed by cryptoassets to consumers and the environment are real and present (Paragraph 36). Find ..read more

Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please   to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our  If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing   and check out its VASP registration and other aut ..read more

Fintech unicorn Alloy is making its way across the pond to launch in the UK. Founded in 2015 by Charles Hearn (CTO), Tommy Nicholas (CEO) and Laura Spiekerman (president), the firm supports more than 350 banks and fintech startups in North America, including   Marqeta, Gemini and Ramp, to prevent fraud and financial crime. Backed by leading investors from Lightspeed Venture Partners, Bessemer Venture Partners, and Canapi Ventures, Alloy's “Identity Decision Platform” helps reduce the friction between fintechs and their customers. It connects companies to more than 170 data sourc ..read more

Ingka Group, the owner and operator of most IKEA stores, said Wednesday it has invested 9 million euros ($9.6 million) in DirectID, a U.K.-based fintech specializing in credit risk, risk analytics and predictive modeling based on bank transaction data. The company said the deal forms part of its strategy to strengthen the core retail business by investing in companies in areas such as digitalization, customer fulfillment, fintech and sustainability, that support its ambition to become more affordable, accessible, and sustainable. DirectID provides advanced data to optimize credit and risk deci ..read more

UK-based fintech firm Monzo has been approached by several investment banks about a potential initial public offering (IPO), reported Business Insider.  People aware of the matter told the publication that the fintech has received offers from banks eager to handle a prospective IPO.  The neo-banking app is not likely to go public until late 2024 or early 2025 at the earliest, according to the sources, who stated that the pitches are still in the exploratory stage. Typically, an IPO can take six months to a year, and given the weak market conditions, no formal talks bet ..read more

"The chancellor had praised Revolut as a “shining” success, saying the government was willing to back innovative companies “to the hilt. After a quick introduction, the pair posed for a photo – which was swiftly posted by #Storonsky’s team to one of Revolut’s Twitter accounts. Revolut has yet to convince regulators – chiefly the Financial Conduct Authority (FCA) – it should be trusted to hold deposits and start lending to consumers. Rumours are that may be set to change, but there has been no official confirmation." Hopefully that UK bank authorisation is not too far away. It is ..read more

has welcomed consultant Peter Oakes to its fintech practice. Former central banker and fintech practitioner Oakes is the founder of Fintech UK, Fintech Ireland, USTechFin and other geographically focused fintech groups.  An international keynote speaker and media commentator, Oakes has presented to more than 10,000 professionals at events on various topics including corporate governance, regulation, regulatory risk, fintech and financial services. In addition, he is non-executive director of several innovative regulated fintech businesses including Susquehanna International (MiFID), Trans ..read more