Numeral announces its launch in the UK, with the support of SEPA, Bacs, and FPS payments for UK fintech companies. The news follows integrations with UK banks Lloyds bank, Barclays, and HSBC as well as the recent appointment of Victor Mithouard as Vice President, Growth, and the company's first executive in the UK.

The authorities in California shut down Silicon Valley Bank (SVB) due to a liquidity crisis that caused customers to withdraw their funds. This event has caused concern among UK startups that have accounts with SVB's UK subsidiary, as it is the largest bank failure since the 2008 financial crisis. However, SVB UK has stated that it is still conducting business as usual, processing payments and funding loans for its UK clients.

Moneyfarm, a leading digital wealth management company, has launched its first-ever ‘platform’ solution in the UK for M&G Wealth, called &me. The direct-to-customer platform is part of a £44 million investment round stake from M&G Wealth. Investors can access the platform through apps for android and iOS or in a web application.

While it is much easier to earn passive income today, you still have to do some work to invest profitably. One of the most accessible ways of investing passively now is using investment funds. These are specialized services that help investors with allocating their money toward a variety of industries and companies. All investment platforms have different advantages and disadvantages for specific investors, which is why it is essential to explore the options beforehand.

Did you know that collection costs can eat up to 20% of your revenue as a fintech business? That’s right, every time you have to chase a customer for payment, you are wasting valuable time, money, and resources that could be used for growing your business.

Unless you’re planning to receive cash via a homing pigeon, you’ll need an efficient payment processor if you have an online store (or take payments digitally at your brick-and-mortar store).

The payment processing service you use is critical not only to facilitate secure transactions but also as part of the wider user experience. A frictionless checkout experience can minimize the chances of cart abandonment and maximize your sales.

The UK economy grew 0.3 per cent in January, according to official figures, rebounding following fears of a prolonged recession.

Britain’s gross domestic product (GDP), a key measure in economic performance, rose at the start of 2023, bouncing back due to factors such as the end to postal strikes and the return of children to schools.

Socure, the leading provider of digital identity verification and fraud solutions, today announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.

Tweed, a plug-and-play white-label wallet and payment solution to support any web2 platform tapping into the web3 space, today comes out of stealth to announce it has raised a $4m seed funding round led by Accel.

Communitas Capital Partners and Zero Knowledge Ventures also participated in the round alongside angel investors including Sorare CEO Nicolas Julia, ex-Venmo COO Mike Vaughan, ex-JPMorgan executive Ameet Patel and ex-SunGard CEO Cristóbal Conde.

KARM Legal Consultants, a leading law firm specializing in Blockchain, Cryptocurrency, Web3 & Fintech in the UAE has, in collaboration with prominent legal experts - Mr. Eric Hess (Hess Legal Counsel), Mr. Jonathan Geen, Mr. Andreas Glarner (MME) and Mr. Thomas Nagele (Nagele Attorneys) and the regional Blockchain Ecosystem Crypto Oasis, published a new report analyzing the regulatory landscape for virtual assets in various jurisdictions.