Start ups - Long Reads, News, Articles & Research: Finextra

Madhvi Sonia Head of Content at Finextra

Top 25 fintech investments of 2023

Just before Christmas, HSBC UK announced the expansion of its ‘Growth Lending’ fund from £250 million to £350 million in response to growing demand from high-growth tech scale-ups. To access the funding, scale-ups must have strong equity backing, a proven sales track record, and a clear path to profitability. The fund was launched in response to ...

27 December 2023 /startups

Why established digital banks are the best choice for startups in 2024

Luther Liang Director of Product at Grasshopper – serving US startups and SMBs

Why established digital banks are the best choice for startups in 2024

In the ever-evolving landscape of finance, startups face unique challenges that demand innovative solutions. Choosing the right financial partner can be a make-or-break decision for these companies, especially in an era of technological acceleration, which is why digital banks have risen as a compelling alternative to traditional institutions and ...

22 December 2023 /startups

2025 Fintech Pledge: How UK fintech will combat the cost-of-living crisis

Retired Member

2025 Fintech Pledge: How UK fintech will combat the cost-of-living crisis

The UK fintech sector forms a crucial part of the British economy. In the last 15 years, firms have revolutionised people’s financial lives by reducing costs, enabling innovation, and enhancing security. This impact has been driven by the highly competitive nature of companies like Wise, ClearScore and ourselves at Zopa Bank, to name a few. However...

05 December 2023 /startups

OpenAI: What just happened to the CEO Sam Altman?

Níamh Curran

OpenAI: What just happened to the CEO Sam Altman?

Sam Altman is being reinstated as the CEO of OpenAI after unexpectedly being removed from the position by the board last Friday. OpenAI is responsible for the creation of ChatGPT and recently announced a new product which will allow companies to create custom versions of AI chatbots, which the company has called GPTs, without any coding. However, ...

23 November 2023 /startups /ai

How the FTA inspires a spirit of collaboration between the UK and Australia - Moonova

Sehrish Alikhan Reporter at Finextra

How the FTA inspires a spirit of collaboration between the UK and Australia - Moonova

While the UK has been cemented as a global fintech hub, Australia has gained its own status as a destination for fintechs to expand and thrive. Each recognising the potential in the other, the two countries have shared success and facilitated growth through exchange through the UK-Australia Fintech Bridge established in 2018, and the UK-Australia...

21 November 2023 /startups

GenAI in the focus for Aussie-UK fintech as it expands globally

Sehrish Alikhan Reporter at Finextra

GenAI in the focus for Aussie-UK fintech as it expands globally

Collaboration between the UK and Australia has been on an upward trajectory since the launch of the UK-Australia Free Trade Agreement (FTA) signed in 2021. Having already discussed the details of the FTA and how it will impact the expansion and growth of fintechs in the UK and Australia with Austrade and Fintech Australia, we have further examin...

02 November 2023 /startups

How Aussie gift cards are making women glow and men plunder since 2021

Sehrish Alikhan Reporter at Finextra

How Aussie gift cards are making women glow and men plunder since 2021

The UK and Australia formed a committed and fruitful partnership with the formation of the Australia-UK Fintech Bridge in 2018, solidified by the Free Trade Agreement (FTA) signed in 2021. Following Finextra’s discussion with Austrade and Fintech Australia on new opportunities borne from the agreement, we interviewed Clare Kinsey and David Anders...

16 October 2023 /startups

World Mental Health Day: Financial services are a universal human right

Madhvi Sonia Head of Content at Finextra

World Mental Health Day: Financial services are a universal human right

This year, the World Federation for Mental Health (WFMH), the founder of World Mental Health Day, is recognising its 75th anniversary and this year’s official theme, ‘Mental Health is a Universal Human Right.’ Poor mental health can have a substantial impact on how an individual manages their money, and as the charity Mind explains, worrying abou...

09 October 2023 /startups

Fintech lured down-under with UK-Aussie Free Trade Agreement

Sehrish Alikhan Reporter at Finextra

Fintech lured down-under with UK-Aussie Free Trade Agreement

In December 2021, the UK and Australia signed a Free Trade Agreement (FTA) to facilitate bilateral trade and investment. The FTA agrees upon the removal of over 99% of tariffs between the UK and Australia and facilitates work and travel opportunities between both countries. The agreement further covers digital trade, public procurement, and intell...

04 September 2023 /startups

Future of Fintech in Africa 2023: The value of a connected world

Dickson Nsofor Chief Executive Officer at Kora

Future of Fintech in Africa 2023: The value of a connected world

This is an excerpt from The Future of Fintech in Africa 2023 report. African fintech has been white-hot for a minute. As early as 2011, before the major liquidity events of 2020, 2021 and 2022, Helios had already paid $92 million for a majority stake in Interswitch. Down in South Africa, Fundamo sold to Visa for $110 million in cash. In Nigeria in ...

03 August 2023 /startups

How Scotland, the UK's second largest fintech cluster, is reshaping the digital economy

Nicola Anderson CEO# at FinTech Scotland

How Scotland, the UK's second largest fintech cluster, is reshaping the digital economy

Cluster management body, FinTech Scotland, is advancing the agendas set out in both the UK Fintech Sector Review and its own Research and Innovation Roadmap, aiming to drive economic growth and jobs in Scotland and in the UK more broadly. FinTech Scotland has recently successfully secured UK Government funding to accelerate innovation in Scotlan...

06 July 2023 /startups

Forget unicorns, are we entering the age of the centaur?

Sanjib Kalita

Forget unicorns, are we entering the age of the centaur?

The era of unicorns, startups valued at $1 billion or more, is coming to an end. We are now entering the era of centaurs, where startups achieving $100 million in annual revenue with a clear path to profitability will gain mindshare and traction. The unicorn era was fueled by cheap capital and a focus on high valuations. But the challenges and eve...

07 June 2023 /startups

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