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TransferWise obtains FCA license for digital wealth

News | Payments General | 01 Jul 2020

UK-based payments provider TransferWise has secured an FCA license for regulated investment activities, announcing plans to enter the digital wealth management space.

TransferWise, FCA license, digital wealth, payments , regulated investment, FSCS, Nutmeg, Moneybox, Wealthify, Moneyfarm, banking service, debit card, Borderless account

Zopa is granted a full UK banking licence

News | Online & Mobile Banking | 25 Jun 2020

UK-based peer-to-peer (P2P) lender Zopa has launched a new digital bank after being granted a full UK banking licence.

P2P, Zopa, UK, banking, digital bank, bank, digital, Borrowing Power, Financial Services Compensation Scheme, FSCS, credit card

Fintech Chip secures GBP 2.6 mln funding

News | Online & Mobile Banking | 27 Apr 2020

UK-based money-saving fintech Chip has obtained GBP 2.6 million in Crowdcube fundraising campaign. 

chip, fintech, fintech app, money-saving app, crowdfunding, fundraising campaign, FSCS, savings account, partner bank