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What3Words raises $8.5m, Brexit reactions, Clinton tech proposal & more in your Week in Tech


Implementing a GDPR strategy: What you need to know


The future of FinTech: How tech will transform financial services

Financial Tech

GIL Europe Luca

The future of FinTech: How tech will transform financial services
posted 20 hours ago

Established banks and financial players are quickening the pace of innovation in the FinTech space, according to Luca Raffellini, director of business and financial services at Frost & Sullivan. Speaking at the Global Community of Growth, Innovation and Leadership (GIL Europe) conference, held in London today, Raffellini discussed the current state of the UK’s FinTech…

contactless payment

The state of contactless payments in the UK
posted on June 29, 2016

Elliott Goldenberg, head of digital payments at MasterCard UK & Ireland, looks at the state of contactless payments in the UK. Will cash have disappeared in 20 years’ time? Most people in this country believe so according to some research released by London & Partners. Our own data at MasterCard reflects that the UK is…


TransferGo closes $3.4m Series A funding round
posted on June 27, 2016

International money transfer service TransferGo has raised $3.4m in Series A funding from Vostok Emerging Finance (VEF). The company, which is looking to expand internationally, says it will use the money to further product development. Speaking about the raise, TransferGo’s CEO and co-founder Daumantas Dvilinskas, said:“We are excited to invite VEF to join our business as an…

team work

5 things FinTech startups should know before working with banks
posted on June 23, 2016

Martin Campbell, MD at FinTech firm Ormsby Street, has partnered with some of Europe’s biggest banks over the last 12 months. In this article he shares his learnings for other FinTech startups. That some banks have struggled to adapt to changing customer demands in the digital economy is no surprise. Many elements of traditional banking…

lifting the lid

Defining FinTech: Lifting the lid on financial tech
posted on June 21, 2016

Toby Young, CTO at Ebury, lifts the lid on FinTech during London Tech Week.  If you asked the question, “What is Fintech?” many would answer the same way. FinTech is still often described as a new phenomenon; a disruptive innovation challenging traditional financial services, if not professional services more broadly. The image FinTech conjures is…

invoice cycle seed funding

FinTech startup Invoice Cycle closes $4m seed round
posted on June 20, 2016

Invoice Cycle, a FinTech startup, has closed a $4m seed funding round led by Mueller Medien group of companies. The round also drew support from existing investors and SeedIL, a prominent international angel group. According to a company statement, the funding will be used to boost R&D activities and to expand the firm’s footprint in strategic…

new york

10 things you need to know before taking your FinTech startup stateside
posted on June 19, 2016

This post, co-authored by Obrea Poindexter, Sean Ruff, and Sue McLean from Morrison & Foerster, discusses everything you need to know if you’re considering on expanding your FinTech startup to the US. Concerns about the FinTech sector in the U.S. have grown in recent months as a result of some high-profile regulatory investigations and signs that…

future bright fintech

The future is bright for FinTech
posted on June 12, 2016

Cameron Stevens, co- founder of Prodigy Finance, shares his take on the state of FinTech in the UK. FinTech is hot on the agenda for venture capitalists and investors alike in 2016. Finance and technology have been linked since Peter Thiel made it okay to share bank details online at the turn of the millennium,…

FinTech exodus Brexit

Brexit ‘could result in exodus’ of UK FinTech startups
posted on June 8, 2016

A Brexit vote would result in the exodus of UK-based FinTech companies to cities such as Frankfurt, Paris, New York or Shanghai. According to Mortgage Introducer, remain MP Gareth Thomsas said the UK FinTech sector would stand to lose out if the referendum vote was favourable to life outside of the European Union (EU). Speaking at a…

FinTech productivity

FinTech could hold the key to tackling the UK’s productivity puzzle
posted on June 5, 2016

Dr Louise Beaumont, head of public affairs and marketing at GLI Finance, argues that FinTech could help boost the UK’s productivity. Productivity in the UK is in a downward spiral. Output per hour lags behind all other leading G7 economies with recent ONS findings indicating the gap is now the largest it has been since…

Smart Pension

Smart Pension closes £3.3m Series A round
posted on June 3, 2016

Smart Pension, an automated enrolment pension provider, has closed a £3.3m Series A round. The round, which drew support from a range of angle investors including Ed Asseily, Secret Escapes co-founder Tom Valentine, and William Reeve, brings the company’s total funding to £5m. Smart Pension co-founder and CEO Andrew Evans, said: “We are building an…


Mortgage sector ripe for FinTech disruption
posted on June 3, 2016

Dan Hegarty, CEO and founder of Habito, explains why he thinks technology can  – and should disrupt – the mortgage industry. Mortgages. Nobody wants to think about them. Nobody wants to talk about them. It’s a £90bn industry and one of the cornerstones of our entire economy – but it remains such a horrifyingly complex…

Editor's picks


What3Words raises $8.5m, Brexit reactions, Clinton tech proposal & more in your Week in Tech
posted 3 hours ago

business person gdpr

Implementing a GDPR strategy: What you need to know
posted 18 hours ago

GIL Europe Luca

The future of FinTech: How tech will transform financial services
posted 20 hours ago

music festival crowd

Festival booking site Festicket closes $6.3m Series B
posted 22 hours ago

frost and sullivan

Artificial intelligence and blockchain tech ‘could change our world’
posted on June 30, 2016


TechUK calls for government to help tech sector ‘power UK back to growth’
posted on June 29, 2016