Fintech

2020 will be challenging for fintech companies, but prosperous times remain ahead post-crisis where disruptive winners can take it all as demand for AI, Tech and IoT companies that can help digital transformation will surge.

Tandem Bank is one of a number of fintech pioneers coming out of the UK. Like Revolut and Starling Bank, these challenger banks are looking to gain market share from existing financial institutions by offering enhanced seamless digital services, and last week Tandem bank raised £60M.

Barclays and OpenFin are committed to supporting all types of companies – from growing startups to established businesses that are shaping the future of financial services and are offering a unique opportunity that could take a startup business to the next level. If you are based in EU/UK and focused on building the next generation of financial desktop technology, you can apply now.

With one of the largest investment rounds for a UK tech company, Revolut has raised $500m (£387m) at Series D and is setting its sight on profitability, increased daily adoption, enhanced products and the rollout of their European banking operations.

Copper.co, the London-based custodian for digital assets, has raised an $8M Series A to grow globally by expanding its commercial team and launching new products.

Starling Bank, the UK-based bank founded by Anne Boden, has raised another £60 million from its existing investors Merian Global Investors and Harry McPike’s JTC.

Rimilia has secured £11.5M from existing investors and partners Eight Roads Ventures, Kennet Partners, and Silicon Valley Bank.