Tag: UK

Lloyds Bank is looking for fresh talent to improve its digital strategy with a job posting for a new head of fintech discovery at the banking group.

UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital.

UK startup Curve is adding another £2m ($2.6m) to its seed round to bring its total funding to £3.5m. The fresh capital comes from Connect ventures and new individual backers.

Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.

Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.

As hype continues to build around the potential for startups to disrupt the insurance space Eos Venture Partners is launching as specialised fund dedicated to finding opportunities in InsurTech.

The Bank of England says that it will not stifle FinTech development as it attempts to lay down regulations for the rapidly-growing sector.

Peer-to-peer lending platform Zopa is partnering with UK money management app Pariti to help users find out if they could be paying less for their debt and apply for consolidation loans directly through Pariti’s platform.

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.