| Date | Title | Description |
| 12.09.2024 | Britain's challenger banks boosted by capital rules revamp | Boards, Policy & RegulationRegulatory Oversight
Britain's challenger banks boosted by capital rules revamp
By Sinead Cruise and Lawrence WhiteSeptember 12, 202412:53 PM UTCUpdated ago
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| 04.09.2024 | SEK's Green Bond: A Step Towards Sustainable Financing | In a world increasingly focused on sustainability, the Swedish Export Credit Corporation (SEK) has made a significant move. On September 3, 2024, SEK issued a 7-year green bond worth EUR 500 million. This transaction marks SEK's first EUR b... |
| 02.09.2024 | Outages Reported Across Major Digital Banking Platforms | Several UK banking giants, including Lloyds Bank, Virgin Money, NatWest, and Nationwide, were suffering technical issue on their online banking apps.
Earlier on Monday morning (2nd September), users reported problems with their digital bank... |
| 02.08.2024 | FuturePlus Secures a 7-Figure Upround and Partners With Virgin StartUp, Teaching Businesses to Profitably Integrate Sustainability Into Their Operations | By Staff Reporter
Published Aug 2, 2024 8:29AM EDT
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News Highlights:
The Sustainability Group, developers of sustainability management an... |
| 01.08.2024 | Shot Scope: Revolutionizing Golf with $8.5 Million Boost | In the world of golf, precision is key. Every swing, every putt, every yard matters. Enter Shot Scope, a Scottish tech firm that has just secured $8.5 million in Series B funding. This infusion of capital is not just a financial boost; it’s... |
| 31.07.2024 | Scots Golf Tech Firm, Shot Scope, Raises $8.5M in Funding | Golf technology firm, Shot Scope, has raised $8.5m (£6.6m) in a Series B funding round led by Guinness Ventures which invested $4m (£3.1m).
The funding round also included investment from key participants; Scottish Enterprise, Growthdeck, T... |
| 31.07.2024 | Edinburgh-based Shot Scope raises €7.8 million Series B to make golfers improve their game | Golf technology firm Shot Scope has raised €7.8 million in a Series B funding round led by Guinness Ventures which invested €3.69 million. The funding round also included investment from key participants; Scottish Enterprise, Growthdeck, Th... |
| 25.07.2024 | ESG management platform FuturePlus closes £2.7M Seed raise | The Sustainability Group, developers of sustainability management and ESG reporting platform FuturePlus, has closed its latest round.
Overfunding in this round, The Sustainability Group secured a 5x increase in its valuation in just under 3... |
| 07.07.2024 | UK economy expected to ‘bounce back’ on services strength after April’s stagnation | - |
| 03.07.2024 | Verizon Customers Report Outage in Georgia and Other Cities | By Aldohn Domingo
Published Jul 3, 2024 12:39AM EDT
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Verizon customers in Augusta, Georgia, and other cities are reportedly experiencing ... |
| 28.06.2024 | HSBC, Barclays, Virgin Money Hit by Massive Payment Glitch, Thousands in the UK Miss Payday Deposits | By John Lopez
Published Jun 28, 2024 11:53AM EDT
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Thousands of bank customers in the UK faced a major hassle on payday as a massive payme... |
| 26.06.2024 | CPO PLAYBOOK's 50th Episode: Featuring Nityo Infotech CEO Naveen Kumar | CPO PLAYBOOK Podcast Cover
CPO PLAYBOOK marks its 50th episode with an exclusive interview featuring Naveen Kumar, CEO of Nityo Infotech, discussing strategies for global expansion. This milestone showcases the podcast's ongoing success in ... |
| 13.06.2024 | FinTech Scotland Launches ESG Innovation Challenge | FinTech Scotland, working with eleven industry partners, launches a new innovation challenge, focused on delivering positive environmental and societal outcomes.
Working in collaboration with EY, Morgan Stanley, Lloyds Banking Group, HSBC, ... |
| 30.05.2024 | FinTech Scotland Announces Winners of AI Compliance Challenge | FinTech Scotland’s Financial Regulation Innovation Lab (FRIL)—a collaboration in partnership with the universities of Glasgow and Strathclyde—has announced the winners of its first innovation call, “Simplifying Compliance through the Applic... |
| 23.05.2024 | Growth across UK biz dips in May, in early blow to Sunak, shows PMI survey | - |
| 19.05.2024 | Outgoing Virgin Money boss set for bumper payday despite bank’s plunge in value | David Duffy stands to have made up to £30m from his tenure as chief executive of Virgin Money by the time he retires from the role after six years following the bank’s takeover by Nationwide.
The 62-year-old banker could be set for a more t... |
| 13.05.2024 | BBVA could raise offer for Sabadell by selling TSB, analysts say | Analysts have argued that Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) could raise its hostile takeover bid for smaller domestic rival Banco Sabadell by selling its UK arm TSB.
Offloading the business, which Sabadell bought ... |
| 09.05.2024 | IBM Introduces New Microsoft Copilot Capabilities to Fuel AI-Powered Business Transformation | ARMONK, N.Y., May 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced the availability of IBM Copilot Runway, a new offering from IBM Consulting designed to help enterprises create, customize, deploy and manage copilots including Copilo... |
| 09.05.2024 | IBM Introduces New Microsoft Copilot Capabilities to Fuel AI-Powered Business Transformation | ARMONK, N.Y., May 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced the availability of IBM Copilot Runway, a new offering from IBM Consulting designed to help enterprises create, customize, deploy and manage copilots including Copilo... |
| 06.05.2024 | Nationwide called out over ‘sneaky’ tactics in £2.9bn Virgin Money deal | Baroness Sharon Bowles, a prominent figure on the London Stock Exchange’s board and a member of the House of Lords, has accused Nationwide of using “sneaky” tactics in its £2.9bn bid to buy Virgin Money.
British bank Nationwide has sparked ... |
| 02.05.2024 | Listed legal business NAHL reduces net debt by over £3m | Listed business NAHL, which focuses on the consumer legal services market, saw its revenue increase by two per cent over the last financial year to £42.2m.
The group’s profit before tax went up by 14 per cent to £0.65m, from £0.57m while it... |
| 03.04.2024 | Nationwide branch ads starring Dominic West banned by watchdog as misleading | Adverts for Nationwide starring actor Dominic West have been banned by the advertising regulator in their current form for misleading consumers that the lender would not close branches like its rivals.
The Advertising Standards Authority (A... |
| 03.04.2024 | AIM-listed Alpha Group plots move to London’s main market as fintech looks to expand | AIM-listed fintech and consultancy firm Alpha Group International has confirmed its intention to move to the premium list of the London Stock Exchange’s main market as its looks to expand.
The firm, which listed on the bourse’s Alternative ... |
| 24.03.2024 | Atom Bank boss on rapid growth, London IPO and why high street challengers are a ‘dying breed’ | More than 250 miles from the Square Mile and Canary Wharf, one bank is doing things very differently.
Atom became the UK’s first app-based bank when it launched in 2016. It is headquartered in Durham, staff have a four-day working week, and... |
| 21.03.2024 | Virgin Money agrees to £2.9bn Nationwide takeover | The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK’s second-largest provider of mortgages and savings.
The takeover, which Virgin Money agreed to on a preliminary basis earlier ... |
| 19.03.2024 | The Notebook: Metro Bank’s cost-cutting drive spells trouble for challengers | Where the City’s brightest get a few things off their chest. Today, our fortnightly columnist Victoria Scholar, head of investment at Interactive Investor, takes the pen.
Metro Bank announced further job losses last week, bringing the total... |
| 14.03.2024 | Nationwide must act in members’ interests on Virgin Money deal | Sky News’ City Editor Mark Kleinman writes a weekly column for City A.M., this week on Nationwide, the ‘British ISA’ and Martin Gilbert’s latest venture
One member, one vote? Not in the case of Nationwide, Britain’s biggest building society... |
| 10.03.2024 | Richard Branson ‘set for £650m payout’ from potential Nationwide takeover of Virgin Money | Sir Richard Branson is set to receive upwards of £650m from a potential takeover of his challenger bank Virgin Money by Nationwide, it has been estimated.
The two lenders announced last week that Nationwide had agreed terms for a £2.9bn tak... |
| 07.03.2024 | Nationwide & Virgin Money Strike £2.9BN Takeover Deal | The deal, which will eventually see the Virgin Money brand disappear gradually over six years, will also pave the way for the creation of one of the UK’s largest mortgage and savings groups.
Under the terms of the deal, Nationwide tabled a ... |
| 07.03.2024 | Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider | Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.
The two lenders announced on Thursday that the potenti... |
| 07.03.2024 | Кредитор Nationwide поглощает конкурента Virgin Money в сделке на £2,9 млрд | Nationwide Building Society согласилась на поглощение конкурирующего кредитора Virgin Money в рамках сделки на сумму около £2,9 млрд.
Сделка создаст вторую по величине ипотечную и сберегательную группу в Великобритании с общим объемом креди... |
| 07.12.2022 | How The UK Government Can Fix Its Small Business Productivity Puzzle | Simple steps to help solve the puzzlegetty |
| 07.10.2022 | DIGIT Movers and Shakers | September 2022 | Recruitment The Scotland 5G Centre
The Scotland 5G Centre has appointed three Business Engagement Managers to the S5GConnect Team – the Centre’s core programme deploying regionally relevant 5G innovation hubs and testbeds across Scotland.
A... |
| 29.09.2022 | Cambridge is UK’s top city for start-ups eyeing 2023 launch | Cambridge is UK’s top city for start-ups eyeing 2023 launch
Business Weekly article
New research from Virgin Money forecasts that Cambridge will be the best city in the UK to start a business in 2023.
It beats, in order of priority in the t... |
| 20.09.2022 | Virgin Money Hires New COO from Thomson Reuters | Virgin Money has made a senior appointment by way of Sarah Wilkinson, who arrives via her previous role as chief information officer at Thomson Reuters and head of TR Labs, its technology research and innovation centre.
Prior to that role, ... |
| 09.06.2022 | The Week in Agrifoodtech: Brevel’s microalgae protein bags $8.4m, Brazil’s Agrotools closes $21m, CHONEX raises $6m | This past week, alternative protein raised more funding including Brevel’s seed round to further develop its microalgae-based protein ingredient, SCiFi Foods’ rebrand and major VC backer, and Cocuus’ 3D printing alt-protein tech. In agtech,... |
| 06.06.2022 | Virgin Money launches $251m Agri E Fund in a bid to help UK farmers hit net zero | Virgin Money, the UK-based digital financial services provider under Virgin Group, has launched a £200 million ($251 million) Agri E Fund, the first of its kind dedicated to supporting UK farmers with green loans.
Loans it disburses should ... |
| 01.12.2021 | CodeClan Welcomes New Partners After Reaching Two Thousand Graduate Milestone | CodeClan has revealed it has now produced more than two thousand graduates, playing a key role in producing talent for Scotland’s burgeoning technology sector.
Since launching in 2015, CodeClan, which recently celebrated its sixth anniversa... |
| 10.09.2021 | DIGIT Deal Roundup Column | August 2021 Edition | Investment and Funding SnapDragon
Edinburgh-based SnapDragon Monitoring raised £1.2 million in a funding round last month as the firm looks to help brand owners tackle fake products online.
The round, which saw investment secured from ACF I... |
| 03.12.2020 | DIGIT Deal Roundup | November 2020 | Investment & Funding Mocean Energy
Green energy startup Mocean Energy has secured major new investment to accelerate the development of its wave energy tech.
The Edinburgh-based startup has raised £612,000 of seed funding, as well as £2... |
| 03.07.2018 | DIGIT Deal Roundup – June 2018 | Acquisitions Incremental Group
Glasgow-based digital technology services company Incremental Group, has acquired Gap Consulting, a Microsoft Gold Customer Relationship Management (CRM) Partner.
This acquisition takes Incremental’s headcount... |
| 18.06.2018 | Virgin Money Accepts £1.7 Billion Takeover by CYBG | Virgin Money has agreed to be taken over by Clydesdale and Yorkshire Banking Group (CYBG) in a £1.7 billion deal. CYBG said of the takeover, which was first proposed last month, that it would bring together their complementary strengths to ... |
| 10.10.2017 | RegTech in Scotland – leveraging the FinTech promise | Perusing any industry news over the last year or two, one can not have failed to miss the explosion in coverage relating to firms failing to meet regulations and industry standards, and occasionally, even being complicit in, acts such as mo... |
| 01.12.2015 | The Help to Buy Isa for first-time buyers launches today: Here’s everything you need to know, including which banks and building societies will provide it and how much you can borrow | |
| 07.12.2009 | 4 Alternative Funding Sources | December 7, 2009 5 min read
Opinions expressed by Entrepreneur contributors are their own.
As the economy struggles to rebound, unemployment rates remain at historical highs and millions of Americans are still looking for work. As a result,... |
| 08.04.2008 | Lending Club Puts Hold on Lending Activity While It Sorts Out Some Legal Issues | Lending Club, a P2P lending service that started off as a Facebook app, has temporarily stopped accepting new loans and lenders.
According to a brief “quiet period” note on its website:
Lending Club has started a process to register, with t... |
| 19.01.2008 | Virgin Money Launches New ‘Climate Change Fund’ | As consumers increasingly look to go green, research reveals that investing in environmentally aware companies can improve investment performance
Virgin Money is launching the innovative Virgin Climate Change Fund which will invest in high ... |
| - | Life Moments and Virgin Money support first time home buyers | In December 2020, one year on from the Places for People Innovation Lab, London-based startup Life Moments partnered with Virgin Money to simplify the home purchase process and help first time buyers on to the property ladder.
With the Hom... |