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Iris Capital launches €250m European tech investment fund


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‘Connected finance’ app Curve hits £50m spend ahead of UK launch
“Coffee, networking and productivity”: Workspace disruptor ‘Lounge’ launches in London
Kompli-Global’s Technology Will Make Life Harder for Money Launderers



Opportunity for FinTech firms as UK regulator calls for payments reform
posted on July 28, 2016

New opportunities could arise for FinTech firms following the UK payments regulator call for reform. The Payment Systems Regulator (PSR) said today that the UK’s payments infrastructure needed to undergo reform in order to increase competition and to meet consumer requirements. Hannah Nixon, managing director of the PSR, said: ‘We need to future-proof the payments…

Lord Freud

Blockchain tech ‘may not work at scale’ for payments distribution
posted on July 4, 2016

“I do not know at this stage whether blockchain technology will work at scale,” said Rt Hon Lord Freud, minister of state for Welfare Reform, Department for Work and Pensions. Speaking at the Payments Innovation Conference, held in London today, Lord Freud was referring to a report drafted by Mark Walport, chief scientific adviser to…

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…

RBS logo

Future of payments to be ‘defined by collaboration between banks and startups’
posted on April 20, 2016

The future of payments will be defined by the collaboration between banks and FinTech startups, said John Lyons, head of strategy, design and change at Royal Bank of Scotland. Charged with running RBS’s innovation agenda in the realm of payments and speaking to Tech City News from SWIFT’s Business Forum, held in London today, Lyons spoke…

NFC payments

Barclaycard update brings NFC payments for its Android app users
posted on January 15, 2016

Barclay’s credit card division has rolled out an update to its Android mobile payments app, enabling customers to pay using NFC technology. According to TechRadar, which confirmed the news, the update should be available to Barclaycard credit card customers using its Android app in the coming days. Customers will be able to make purchases of…


2015: The year of FinTech
posted on December 31, 2015

Anders la Cour, CEO of Saxo Payments provides his perspective on how the FinTech sector has evolved in 2015. I have been tremendously excited to see how the FinTech sector as a whole has moved up to a whole new level this year. And what particularly excites me is the way two particular groups have seemed…

Apple Pay made a big splash but the UK leads the way on payment systems
posted on July 23, 2015

The payment systems in this country are often just viewed as the background, mundane processes operating as part of the UK’s banking infrastructure. But, whether it is cheques clearing, ATMs distributing money or a mobile payment being sent, with millions of transactions occurring every day our payment systems are fundamental to the UK economy. Much…

The cashless society: 1 in 5 UK consumers find paying with cash inconvenient
posted on July 15, 2015

When looking at views towards cash, 1 in 5 UK consumers find paying with cash inconvenient which rises to 26% for 16 – 24s, research from nVest Ventures has found. The firm surveyed 5,000 UK respondents on their views on mobile payment and the trend towards smartphones feeding into the modern need for daily life…

Santander puts $5m in smart payments platform MyCheck
posted on March 30, 2015

Santander has kicked off payment tech platform MyCheck’s Series B funding round with a $5m investment. Israel’s MyCheck enables hospitality companies using one of 27 compatible POS systems to integrate services like pay-at-table, split the bill, pay-at-counter, takeaway orders and loyalty into their existing platform. Companies can white-label MyCheck to use in their existing mobile app…

Judo grabs £6m and picks up KFC as client
posted on January 22, 2015

Mobile payments platform Judo has raised £6m in funding and announced it has picked up KFC as its newest high-profile client. The London-based startup lets clients securely process card payments on mobile devices. Like some of its competitors, Judo also provides an API which helps merchants integrate the system seamlessly. The platform last year partnered with…

Payments make the fintech world go round
posted on December 22, 2014

Does money really make the world go round? Well, I’m not sure about that, whatever Liza Minnelli says, but what I do know is that getting money from pocket A to pocket B is a key area of focus in the global fintech scene right now. Of the four main fintech segments that investors are…

Shopwave are pulling shops into 21st century – Startup of the Week
posted on November 11, 2014

Welcome to the ninth episode of the Elevator Pitch series 4. Every week we publish a 30 second pitch from the latest intake of the Elevator Pitch. These leading startups join an alumni group that includes the likes of YPlan, Hassle, and Glow, and has to-date raised over $36m. In this series we took the…

Editor's picks


Iris Capital launches €250m European tech investment fund
posted 15 hours ago

Startup Weekly: Welsh tech accelerator calls for applications, Virgin StartUp partners with WeWork and more
posted 18 hours ago

Culture. There’s no app for that, Kalanick
posted 20 hours ago

startup life

Uber’s CEO resigns, over £368m in UK tech funding, a new $3.3bn fund and more in The Week in Tech
posted 23 hours ago


EXCLUSIVE: London-based Inploi raises £500,000, brings total to £1m
posted on June 22, 2017


UK-founded tech startup Blockchain secures $40m Series B
posted on June 22, 2017