Latest Start ups News: Finextra Research

Sam Altman's Worldcoin project launches

Worldcoin, Sam Altman's project to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned, has launched in several cities around the world.

24 July 2023

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Mediobanca invests €12 million in London fintech incubator

Mediobanca has joined with Founders Factory, the London-based global company builder and early-stage investor, to launch a new fintech venture studio and accelerator, underpinned by an overall €12 million investment from the Italian investment bank.

24 July 2023

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FCA implements permanent Digital Sandbox

The UK's Financial Conduct Authority has implemented a permanent Digital Sandbox, making the testpad available full-time for firms wanting to try out innovative technologies.

20 July 2023

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Exploring the impact of innovation on neobanks

As a part of the Temenos Community Forum, Finextra sat down with chief commercial officer of APAC at Temenos, Craig Bennett, and CEO of Alex Bank, Simon Beitz, to discuss the impact of the cloud on the development of neobanks in the APAC region.

18 July 2023

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Egyptian payments startup Flash picks up $6 million seed investment

Flash, an Egyptian startup offering cashless transactions to businesses via QR Codes, has closed a $6 million seed funding round.

17 July 2023

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Shift sustainability behaviour through positive reinforcement - ekko

Discussing the rise of sustainable fintechs and demand for greener financial services, founder and CEO of Embedded Sustainability provider ekko, Oli Cook, speaks to how the payments industry has a role to play in sustainable decision making.

14 July 2023

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UK fintechs fear for their future

The UK’s fintech sector faces an uncertain future, with almost half of firms flagging the potential risk of failure by the end of 2023, according to new research commissioned by business advisory firm FRP.

13 July 2023

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CFIT launches ‘Open Finance Coalition’ and unveils founding members

The Centre for Finance, Innovation and Technology (CFIT) today unveils the founding members of its ‘Open Finance Coalition’ who will collaborate to show the power of financial data for better SME and consumer outcomes.

13 July 2023

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Fiinu on the ropes as banking licence withdrawn

Shares in UK digital banking startup Fiinu have plunged after the lender had its restricted banking licence withdrawn in the face of challenging market conditions.

12 July 2023

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Fintech funding slowdown accelerates in H1 2023

UK fintech funding has dipped in the first half of 2023, as total cash raised reached $2.9 billion in the first six months, a 37% slump compared to the later half of last year, according to new figures from industry body Innovate Finance.

10 July 2023