Brexit

143 articles tagged with this keyword

/Brexit

Barclays propels Coinbase into Faster Payments

Digital currency exchange Coinbase has been granted an e-money license by the UK’s Financial Conduct Authority (FCA) and joined the Faster Payments Scheme as an indirect member courtesy of a tie-up with Barclays Bank.

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Estonia's LHV to open UK bank to serve fintech industry

Estonia's LHV Bank is swimming against the Brexit tide by setting up shop in the UK to service the country's thriving fintech market.

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London Mayor warns of Hard Brexit threat to London tech hub status

London Mayor Sadiq Khan is repeating his call for the UK to remain a part of the EU Single Market and Customs Union as new data demonstrates the UK capital's continued appeal as a magnet for international tech talent.

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UK fintech hoovered up record-breaking VC investments in 2017

Venture capital investment in UK fintech firms more than doubled in 2017 to reach $1.8 billion, with 54% of the total coming from overseas VCs who appear largely untroubled by the UK's imminent break from the European Union.

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Stripe picks Dublin for engineering hub

Stripe, the American payments processor founded by a pair of Irish brothers, is opening an engineering centre in Dublin.

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Finextra's 2017 in review

As Finextra pulls the shutters down on 2017, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2018.

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France rewrites rules for trading on distributed ledgers

The French Government has cleared the way for the use of blockchain technology in the trading of unlisted securities, as it rewrites is rules to stimulate the innovation economy.

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Brexit uncertainty causing skills gap say UK tech leaders

The ongoing uncertainty around freedom of movement post-Brexit is affecting the recruitment of technology talent and causing concern among UK tech entrepreneurs about a possible skills shortage.

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VW could apply for UK banking licence to avoid Brexit blues

German car maker Volkswagen is weighing an application for a full UK banking licence to ensure that it can carry on providing car loans after Brexit.

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Germany's N26 sets up UK waiting list

German mobile bank N26 is preparing for a UK launch, inviting British citizens to register their interest and join a waiting list.

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UBS says 1,000 jobs Brexit exodus is "unlikely"

Swiss bank UBS has said that a migration of more than 1,000 jobs from London as a result of Brexit is "more and more unlikely" after receiving "regulatory and political clarifications".

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London fintech buoyant despite Brexit shadow

The office of the London Mayor is flying the flag for the UK capital's status as a post-Brexit fintech hotspot, reeling out a ream of favourable comparisons to other European destinations ahead of a trade mission to showcase local talent at the Money20/20 show in Las Vegas next week.

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Singaporean EFT startup picks fintech-friendly Lithuania as European base

Lithuania's efforts to establish itself as an EU-friendly destination for global fintech firms has received a boost with news that Singapore's cross-border payments outfit InstaReM has chosen Vilnius as its base for a push into Europe.

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UK fintech firms expect revenues to soar

Despite Brexit, the UK's fintech firms remain bullish on their prospects, with half expecting revenues to double over the next 12 months and a third even anticipating an IPO within five years, according to a survey for Her Majesty's Treasury.

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France and Sweden's fintech ambitions get Brexit boost

The UK's divorce from the EU has led to France and Sweden gaining a larger share of the number of fintech deals done within the Union, according to the research firm CBInsights.

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Frankfurt predicts Brexit jobs boost at London's expense

A recently published report states that, contrary to the fears of Brexit-sceptics, the UK's exit from the European Union will create as many as 80,000 new jobs - the majority of which will be in financial services. The only problem for Brexiteers is that the jobs will be in Frankfurt rather than London.

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Lithuania plans regulatory sandbox

Lithuania is bolstering its credentials as an EU-friendly destination for Brexit startup refugees with the proposed opening of a regulatory sandbox for aspiring firms to test their products ahead of commercial roll out.

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FinTech50: London continues to dominate European scene

The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.

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Revolut founder hits back at Brexit scaremongers

As a new round of reports suggest a rebound in fintech spending by VCs in London, the founder and CEO of Revolut has hit out at the doom-mongering about Britain's post-Brexit future by his peers at Transferwise and Azimo.

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Transferwise boss warns fintech startups against Brexit Britain

At a government-backed conference designed to trumpet the UK as a post-Brexit fintech powerhouse, the CEO of Transferwise went off-message, suggesting startups should avoid London and confirming that his own firm will move its European headquarters to the mainland.