Tag: UK

TransferWise, the London remittances startup valued at $1.1bn, is launching TransferWise for Business to cater to SMEs sending money abroad.

US hybrid cloud services provider Datapipe has acquired UK cloud startup Adapt as it expands in Europe.

Reposit, an alternative tenancy deposit platform has raised £400,000 ($520,000) in a seed funding round.

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.

London-based identity and background checking startup Onfido has raised a new round of venture funding.

Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.

London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.

UK challenger bank Mondo has received a banking licence from UK regulators.

Dublin-based fintech startup Touchtech will hire 40 technical and marketing professionals in the next three years after sealing its first deal.

For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.