Plum Raises £13.4M to Expand Fintech Services
Plum raises £13.4 million to expand fintech services in Europe. Over 2 million users manage finances through Plum's AI-driven app.…
Cash App Exits UK Market
Cash App exits the UK to focus on the US market. The service will shut down in the UK on…
Jeff App Secures $2 Million Funding
Jeff App raises $2 million to boost financial inclusion. New funding supports expansion and new product development. Platform leverages alternative…
Ethos Launches Sharia-Compliant Banking Services
Ethos to offer Sharia-compliant banking services in the UK. Company prioritizes savings accounts and mortgages at launch. Plans to expand…
UK SME Bank Rebrands as Zempler Bank
Cashplus rebrands as Zempler Bank, reflecting a digital-first focus. Rebranding costs include both direct expenses and operational costs. Robust fraud…
lemon.markets Secures €12M to Boost Brokerage
lemon.markets raised €12 million for platform expansion. Funds will bring new partners and products to market. Secured BaFin licenses to…
France Drops from Top 10 Fintech Investment List
France dropped from the top 10 fintech investment list. The US leads with $7.3 billion in fintech investments. UK fintech…
NALA Secures $40 Million Series A Funding
NALA raised $40 million in Series A funding. Funding supports global expansion and Africa payment improvements. Investors include DST Global,…
Fintech Startup Super Payments Faces Doubling Losses
Super Payments faces significant financial losses in 2023. The startup's innovative model needs better execution. Strategic pivots and improvements are…
Pleo Faces UK Market Challenges Amid Expansion Efforts
Pleo reports £64m revenue with £44m loss in 2023. UK contributes 40% to Pleo's revenue, facing economic challenges. Cost-cutting measures…