How Rishi Sunak’s budget will impact SMEs in the FinTech sector

Delivering his second budget as the chancellor of the exchequer, Rishi Sunak promised to do “whatever it takes” to protect the UK economy from the aftereffects of Covid-19.

The UK increases the contactless payments cap to £100

The UK’s Financial Conduct Authority (FCA) has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.

NALA Money partners with identity verification platform Veriff

Tanzania-based NALA Money has partnered with global identity verification provider Veriff to improve secure access to financial services.

Greensill on the brink of collapse after Credit Suisse and SoftBank freeze funds

Greensill Capital, a supply chain finance firm backed by SoftBank and advised by former prime minister David Cameron, is preparing for insolvency within days.

Identity validation network Identiq closes Series A on $47m

Identiq, an anonymous identity validation network, has closed its Series A round on $47m to accelerate growth.

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