Menu visibility control



Startup Surgery

Most Recent

Government & Policy

UK govt reportedly planning to ban encryption following Manchester attack


PropTech startup SPCE raises £280,210 on crowdfunding platform Seedrs


RegTech startup Regnosys gets $900,000

Press Releases

Zzish hits £1.15m funding target on Crowdcube for technology that will democratise quality education and move the needle on learning
Okappy announces the launch of its investment pitch on the AngelsDen equity crowdfunding platform
Recruitment disruptor poised for further growth with €8m investment secured

Fintech Monthly: Braintree, ecommerce and next gen lending


Hello and welcome to the November edition of Fintech Monthly, We’ve partnered up with Braintree to bring you a special series of fintech articles on payments, ecommerce and more. Check out

In the news

The next-generation lending company Earnest has raised a whopping $275m in equity and debt financing, Earnest lends between $2m and $5m per day and the total dollar amount the company has loaned has increased 50 times over the past year. Of its products, Earnest’s student loan business is its largest followed by its lending business for personal loans.

A fintech trade mission, organised by UK Trade & Investment, headed to Switzerland this month to promote the UK’s fintech sector, attract investment and boost business opportunities. The fintech companies selected for the trip included Innovate Finance and its members Bankable, Clear Macro, Credits, and many more. Britain’s fintech market generates £20bn in annual revenue and over 44,000 people work in the sector in London alone

UK FinTech firms ‘raised $328m in Q1 2017’

Visa Europe’s innovation hub is teaming up with distributed ledger specialist Epiphyte on a proof of concept project looking into how the blockchain and bitcoin can be used for international remittances.A report from the World Bank last year put the global amount of remittances in 2014 at $582bn and estimated that migrants paid an average of 7.9% in fees on these money transfers. Could Blockchain be the answer? Visa’s experience as the largest payments network in the world could help create the solution.

We asked Richard Goold of Wragge Lawrence Graham and Co whether big companies like Visa can overcome bureaucracy and drive innovation by working with startups to improve financial processes? Or is it better to let startups take the lead?

For more from Richard, check out his regular posts on

Regulatory issues are set to be the biggest hurdles facing financial technology firms over the next year, according to a survey by Silicon Valley Bank. Of 101 fintech entrepreneurs and investors surveyed by Silicon Valley Bank, 43% expect this growing tide of red tape to be their biggest problem facing developing fintech companies. This was backed up by the British Bankers Association (BBA) in a report called ‘Winning the Global Race’ which called for further support for fintech companies, which it called “an increasingly critical part of the banking ecosystem”.

That’s it for this month, tune in next month for your fintech news roundup.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...

Editor's picks

Amber Rudd

UK govt reportedly planning to ban encryption following Manchester attack
posted 5 hours ago


PropTech startup SPCE raises £280,210 on crowdfunding platform Seedrs
posted 6 hours ago


RegTech startup Regnosys gets $900,000
posted 8 hours ago

Theresa May

The Conservative manifesto: What does it mean for UK tech?
posted 8 hours ago

Quiqup team photo

On-demand delivery firm Quiqup gets £20m as it gears up for global expansion
posted 19 hours ago

David Brown, VE

Ex-CEO of Ve Interactive under investigation for fraud
posted on May 23, 2017