London

As London’s trading FinTech rockets ahead, investment in APAC fintech down in H1 2019

The new wave of FinTech companies that have begun to produce high profile alternatives to traditional banks and electronic financial services companies have absolutely captured the limelight over the past two to three years, resulting in a dynamic which is very unusual in the financial sector, that being vast investment from venture capital funds into […]

Biotech startup secures £6.5m for dementia research

The search for the first drugs to tackle Alzheimer’s disease has taken a “fantastic step forward”, it was announced today. A venture capital fund established by David Cameron’s government to boost dementia research announced a £6.5 million investment in a new biotech company that builds on research at University College London. AstronauTx, the UCL spin-off, will develop medicines […]

Stock trading app Robinhood gets UK broker license

Commission-free stock trading disruptor Robinhood is bringing its app to the UK market, in a bid to further globalise its mission of “democratising the financial system”. Stock trading app Robinhood gets UK broker license. A blog post on its website confirms the fintech has been granted full authorisation by the UK’s financial regulator, the Financial […]

UK to become Islamic fintech centre

Islamic financial technology (fintech) companies are aiming to disrupt traditional Islamic banks. Like conventional fintechs, Islamic fintechs face similar challenges dealing with regulatory challenges, hiring and retaining talent, raising funds from investors, acquiring customers and expanding into other regions. At the Innovate Finance Global Summit held in London last month, Islamic fintech was key topic […]

The UK’s largest corporate Sukuk issuance; London Stock Exchange hosts Sukuk Summit

Aft er proposing its first-ever Sukuk offering in January, Al Rayan successfully closed the largest corporate Sukuk issuance in the UK’s history last month with the Tolkien Funding Sukuk No 1 raising GBP250 million (US$349.18 million) in capital. The Sukuk facility was rated ‘A’ and priced at 0.8% above the LIBOR rate. The bank did […]

INNOVATE FINANCE GLOBAL SUMMIT 2018

Last year over 2000 delegates and 300+ FinTechs gathered together in London to explore the topics changing the face of financial services. Join the Innovate Finance and be immersed in the ideas shaping global Fintech this coming March 2018. IFGS 2018 will convene the global Fintech community to the Fintech capital world: London. Taking inspiration […]