United Kingdom

U.K. digital bank Monzo says it is set to acquire British mortgage broker Habito. The company says the deal, announced Tuesday (Dec. 16), will make Monzo the first U.K. bank to ...

The United Kingdom is reportedly set to begin regulating cryptocurrencies starting in October 2027. The goal is to provide certainty for the industry and push away “dodgy actors,” Reuters reported Sunday ...

Global data and technology company Experian has partnered with British not-for-profit organization Fair4All Finance to help people access debt consolidation products. Together, using a 1-million-pound (about $1.3 million) grant from Fair4All ...

United Kingdom-based Lloyds Banking Group acquired London-based digital wallet FinTech Curve. The deal will allow Lloyds to expand its digital footprint, according to a Wednesday (Nov. 19) press release. “This strategic acquisition ...

United Kingdom ministers reportedly plan to make it illegal to resell tickets for live events at a price above face value. The plan is set to be announced Wednesday (Nov. 19) ...

U.K.-based consumer payments platform Zilch has raised $175 million in debt and equity. The new funding will go towards marketing efforts, product development and improvement to Zilch’s platform, as well as ...

Cyber insurance insurers in the United Kingdom paid 197 million pounds (about $259 million) in claims from businesses last year. The figure is up 230% from 2023, the Association of British ...

Robinhood plans to start rolling out futures trading to eligible customers in the United Kingdom in the coming weeks. This offering will allow U.K. customers to trade index, energy, metals and ...

Authorized push payment (APP) fraud drove an increase in losses to payment fraud and scams in the first half of the year in the United Kingdom. Losses from APP rose 12% ...

Digital bank and flexible payments provider Klarna debuted its debit card and digital wallet in the United Kingdom, according to a Thursday (Oct. 16) press release. The products are focused on ...

Demand for FinTech and artificial intelligence workers is boosting financial sector vacancies in London. Recruiter Morgan McKinley released figures Friday (Oct. 10) in its London Employment Monitor showing that vacancies in ...

The Bank of England reportedly plans to grant exemptions to its proposed limits on stablecoin holdings to allow cryptocurrency exchanges and certain other businesses to hold larger amounts of the ...

Trade association UK Finance and several financial institutions have launched a pilot project that they said will include the first U.K. live transactions of tokenized sterling deposits (GBTD). The pilot will cover three ...

Meta plans to offer people in the United Kingdom the option to pay to gain an ad-free experience on its social media platforms Facebook and Instagram. The company will roll out ...

Triver secured up to 114 million pounds (about $153 million) to expand the embedded invoice financing it offers to small businesses in the United Kingdom. The company’s financing is part equity, ...

The United Kingdom’s Financial Conduct Authority proposed rules to promote good business practices among cryptocurrency firms. Many of the proposed rules already apply to traditional financial firms, the FCA said in ...

The United Kingdom’s Financial Conduct Authority is reportedly planning to exempt cryptocurrency companies from some of its rules. David Geale, executive director for payments and digital finance at the FCA, said ...

Aldi is reportedly making a $2.2 billion investment in its British grocery business. The two-year project comes as the German supermarket chain is enjoying record sales in the U.K., according to ...

SumUp, a United Kingdom-based card reader company, is reportedly considering a stock market listing and initial public offering (IPO). The FinTech is mulling an IPO that could value the company at ...

Cryptocurrency companies are reportedly lobbying the Bank of England to rethink its stablecoin ownership limits. The restrictions would give the United Kingdom more stringent rules for the stablecoin sector than the ...

Corporate card company Brex is reportedly expanding in Europe as it prepares to go public. The company obtained a license that lets it serve businesses in Europe and plans to roll ...

Revolut is reportedly allowing workers to sell their holdings at a $75 billion valuation. The most valuable FinTech in the United Kingdom informed staff members Monday (Sept. 1) that they will ...

New data found that nearly a third of all adults in the United Kingdom now use open banking services. Figures from Open Banking Limited showed that more than 15.6 million people ...

Payments company Wise is reportedly weighing becoming a full-fledged bank in the United Kingdom. The company has been in touch with experienced financial services executives in the last two months about ...

The United States said the United Kingdom will end its effort to access U.S. Apple users’ encrypted data. Tulsi Gabbard, U.S. director of national intelligence, said in a post on social ...

Visa found that 73% of university students in the United Kingdom would welcome technology that makes it easier for them to manage their bills. The findings came from a survey of ...

Card issuing platform Marqeta officially acquired TransactPay to bolster its card program management capabilities in the United Kingdom and Europe. TransactPay provides bank identification number sponsorship services and is a licensed ...

The United Kingdom’s Financial Conduct Authority introduced new protections for payment firms’ customers. The new changes, set to go into effect in May 2026, are designed to improve safeguarding practices among ...

The United Kingdom’s Financial Conduct Authority is inviting U.K. and Swiss firms to express their interest in providing cross-border services as part of a new agreement that will make it ...

OpenAI and the U.K. government signed a strategic partnership that encompasses artificial intelligence (AI) infrastructure, employment and applications. The memorandum of understanding, which is voluntary and not legally binding, aims to “maintain ...

The United Kingdom’s Financial Conduct Authority proposed new protections for buy now, pay later borrowers that would take effect when BNPL comes under the regulator’s remit on July 15, 2026. The ...

The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. The sites were either suspended, removed or blocked as part of an ...

The Bank of England said global financial markets are still in jeopardy despite easing tariff tensions. “Risks and uncertainty associated with geopolitical tensions, global fragmentation of trade and financial markets, and ...

Monzo, a digital bank in the United Kingdom, was fined 21,091,300 pounds (about $28.5 million) for deficient financial crime controls. The U.K.’s Financial Conduct Authority (FCA) announced the fine in a ...

The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate European competition law. The ruling is the latest round in a long-running legal ...

Neobank Starling Bank, based in the United Kingdom, is exploring a “range of expansion options” in the United States, a Starling spokesperson told PYMNTS in a Thursday (June 26) email. The ...

Citi UK CEO Tiina Lee reportedly said Thursday (June 26) that regulators should not place restrictions on banks’ cryptocurrency holdings that are so “prohibitive” that those assets are driven into ...

Google could face new restrictions on its search business in the U.K. The potential changes comes as the country’s antitrust regulator, the Competition and Markets Authority (CMA), announced Tuesday (June 24) ...

Payment Assist is now offering business lending to automotive businesses across the United Kingdom via an embedded finance partnership with Groov. The new offering joins the buy, now pay later (BNPL) ...

Meta-owned WhatsApp reportedly joined a legal challenge against the U.K. government’s demand that Apple allow it access to the company’s encrypted customer data. WhatsApp is supporting two cases — one brought ...