U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.
UK Home To A Dozen Tech ‘Decacorns’ Worth $10B Or More
UK Home To A Dozen Tech ‘Decacorns’ Worth $10B Or More
July 22, 2021  |  Investments

The U.K. is in the midst of a tech boom, with the number of companies in the technology sector worth at least $10 billion more...

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Watchdog Group: UK Public Finances At Risk If Work-From-Home Continues
Watchdog Group: UK Public Finances At Risk If Work-From-Home Continues
July 21, 2021  |  International

Britain’s public finances could be in jeopardy as part of the permanent shift toward working from home, according to a member of the government’s independent...

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Revolut Moves Into Travel With 10 Pct Cash Back Feature
Revolut Moves Into Travel With 10 Pct Cash Back Feature
July 21, 2021  |  Travel Payments

U.K. FinTech Revolut is moving into travel with a new booking tool that gives customers 10 percent instant cashback on reservations. Revolut Stays is now...

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Today In Payments Around The World: India Green-Lights SoftBank Investment In Swiggy; TikTok Tops 3B Worldwide Downloads
Today In Payments Around The World: India Green-Lights SoftBank Investment In Swiggy; TikTok Tops 3B...
July 15, 2021  |  International

In today’s top payments news around the world, SoftBank’s Vision Fund II now reportedly has the ability to invest in food delivery platform Swiggy, while...

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UK’s FCA To Bolster Data, Tech Capabilities With $166M Investment
UK’s FCA To Bolster Data, Tech Capabilities With $166M Investment
July 15, 2021  |  International

The U.K.’s Financial Conduct Authority aims to invest 120 million pounds (approximately $166 million) toward “data and technological capabilities” during the three years to come,...

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Revolut Raises $800M At $33B Valuation Led by SoftBank
Revolut Raises $800M At $33B Valuation Led by SoftBank
July 15, 2021  |  Fintech Investments

British FinTech Revolut hit a $33 billion valuation following an $800 million funding round led by SoftBank and Tiger Global, Reuters reported on Thursday (July...

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Why The UK Can’t ‘Rest On Its Laurels’ When It Comes To Advancing FinTech
Why The UK Can’t ‘Rest On Its Laurels’ When It Comes To Advancing FinTech
July 15, 2021  |  International

Halfway through the year 2021, the European FinTech segment is very much on fire. Investors poured $5.3 billion into London-based FinTech firms in the first half of...

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UK FinTech Tide Closes $100M Funding Deal At $650M Valuation
UK FinTech Tide Closes $100M Funding Deal At $650M Valuation
July 12, 2021  |  Investments

U.K. FinTech Tide raised $100 million in an oversubscribed Series C funding round that gives the startup a post-money valuation topping $650 million. The funding...

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U.K.’s Deliveroo Sees Bright Future, Increases Forecasts For Revenues
U.K.’s Deliveroo Sees Bright Future, Increases Forecasts For Revenues
July 08, 2021  |  Gig Economy

Despite the ebbing of the pandemic, London-based Deliveroo saw an 88 percent increase in quarterly food orders. As a result, the delivery company has raised...

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