Atom bank, the Durham based Fintech, has made significant progress in the first quarter of its 2022 financial year passing several important income milestones. The Q1 results vindicate Atom’s business model and support a strong trajectory towards sustainable profitability.

During the 3 months April to June 2021, Atom reached £3bn of mortgage completions, passed £1bn of deposits into its Instant Saver product, grew total customer deposits 16% to £2.5bn and delivered its first month of operating profit.

• Kroll Business Connect allows compliance professionals to keep track of compliance requirements in a single, cloud-based platform 
• Managers can assign automatic task reminders and notifications to ensure efficient task ownership 
• The service is compatible with all compliance software or CRM systems 

• Significant number of UK adults frequently missing out on best deals on their bills, by not comparing energy tariffs (18%), credit card deals (27%) or broadband offers (18%), as Yolt’s own proprietary user data¹ demonstrates a significant rise in household spending
• One in five people (22%) are also ignoring bank statements, missing opportunities to reduce spending

Coinbase Custody has been selected by Deutsche Telekom as its trusted custodian for its CELO tokens – the native cryptocurrency of the Celo blockchain network.

As the first telecommunications company in the world, Deutsche Telekom joins Celo to participate in the decentralized financial economy. Deutsche Telekom collaborates with Coinbase to stake its tokens to subsidiary T-Systems MMS.

• Nearly one in 10 (9%) have defaulted on Covid loans before starting repayments

Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes say it’s likely their business will default on the loan, according to new research1 from Nucleus Commercial Finance. This equates to 2.3 million SMEs who anticipate never repaying their loan.2

Halal-focused investment firm extends partnership with WealthKernel to use flexible investment APIs

WealthKernel, a wealthtech provider for digital investment services, today announces that US halal and ethical focused investment firm, Wahed, has migrated its investment offering entirely to WealthKernel’s trusted APIs. Wahed initially partnered with WealthKernel in 2017 to utilise its white-label service and build the world's first automated halal robo-advisor.

Despite some real concerns in Friday's data too.

EURUSD slide can turn into an avalanche.

This is the Grand Stadium of who will hike first.

Soon after announcing the creation of a global startup engagement program dedicated to digital assets, blockchain, and cryptocurrency companies, Mastercard CEO Michael Miebach discussed the company’s fintech future on the company’s Q2 earnings call.

US Bond Yields, Dollar Soar, Euro Tumbles, Aussie, Kiwi Drop