The £3 billion deposits milestone was reached by Zopa Bank this week, and our clients have established a total of 150,000 new accounts to increase their savings rates in the current difficult economic climate. The goal of Zopa is to increase the productivity of the hundreds of billions of “zombie money” that are now inactive
The fintech landscape is changing at breakneck speed, with more innovative products and services emerging every year. For companies that have launched fintech platforms and applications, it can be difficult to stay in touch with an ever-evolving industry while ensuring sustainable growth within their own platform. However, some steps can be taken to ensure that
FinTech Circular Economy Twig has announced the acquisition of Vybe technology, the leading UK youth banking provider. This new development follows the recent acquisitions of UK companies Loopster and Mobi. the market as Twig strives to be the right platform for the Gen Z market. “We are so excited to be taking this step forward
Bondsmith, the UK’s leading provider of savings and cash management solutions to the wealth management industry, has become a Prime Member of Visa, the world leader in digital payments, to continue its mission to improve the wealth management industry. Fintech and super apps are slowly gaining market share in the wealth management industry. As a
Titan Wealth Holdings is pleased to announce the acquisition of Telford Mann Group Limited. With a £750 million AUA and over £700 million in assets under management, Telford Mann is a company of Notary Public Financial Planners and Discretionary Investment Directors, originally licensed was founded by Moore Chartered Accountants in 1988. Based on Kettering, the
On the route to fixing important inefficiencies withinside the subject of conventional economic lending and borrowing, Credefi has done a primary milestone in its partnership with the TradFi behemoth Experian. Credefi has control to steady the rights to apply Experian’s formally recognized and official logo substances to place itself as ‘Credefi – Powered through Experian.’
Save®, a fintech company that helps people get a higher return on their spending and savings, today announced that it has added a new environmental, social and governance portfolio (ESG) yields from the iShares ESG Aware ETF, among other ETFs. According to Morningstar Direct, global sustainable fund assets stood at $2.24 trillion at the end
With many innovations in the field, the field continues to grow through the implementation of many areas of technology, such as chatbots, artificial intelligence, digital banking, blockchain and augmented reality. Due to these changes, many companies are able to provide high-quality service at an affordable price. Overview of the fintech market The market for fintech
Empaxis, a logistics and intermediary operations specialist for wealth and wealth managers, has announced a partnership with EXL, a leader in data analytics and operations and digital solutions. Combining Empaxis’ extensive expertise in intermediaries and back-offices with EXL’s proven capabilities in data, analytics and digital operations, this alliance will enable both companies extend their inheritance.
The emergence of Fintech has significantly boosted financial inclusion in the country. Powered by cutting-edge technology and seamless digital experiences, financial services can be easily accessed anytime, anywhere by simply using a smartphone. One of the products that are gaining popularity with individuals is the fully digital personal loan. More than 70% of official credit
Clarity AI, the leading global sustainability technology platform, announced a partnership with Refinitiv, a London Stock Exchange Group (LSEG), to develop the SFDR Reporting Specialist. The SFDR is an important part of the EU’s Sustainable Finance Action Plan, which aims to encourage capital inflows into companies and activities that support the EU’s social and environmental
Consumer Portfolio Services, Inc., an independent FinTech dedicated to providing indirect auto finance to people with credit problems, low incomes or limited credit histories, continues to aggressively deploy solutions. machine learning and artificial intelligence to provide more flexible and more efficient payment capabilities. processing car loans. The company ended the year with three major partnerships
