Tag: UK

Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.

Digital asset trading platform Crypto Facilities has raised $1.5m in a seed round. The funding comes from an AngelList syndicate led by Humminbird Ventures partner Pamir Gelenbe.

Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise £100m ($131m) in the first quarter of 2017.

Mobile international payments network TerraPay is acquiring Pay2Global in a deal that will allow it to expand around European markets. The size of the deal is undisclosed.

UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.

Credit Kudo is taking on £600,000 ($792,000) in a round of seed funding led by FinTech VC NFT Ventures.

Ancoa Software, a contextual surveillance and insightful analytics provider for exchanges, regulators, and buy and sell-side firms, is establishing an advisory board.

Work management and financial tools startup Scoro has raised $1.9m in a seed round of funding.

London-based investment management firm Octopus Investments is launching a new FinTech-dedicated accelerator out of its Octopus Labs division.

The UK’s Financial Conduct Authority (FCA) is moving closer to approving blockchain-based products.