uk

Carwow Drives $55M in Funding

Carwow Drives $55M in Funding
Carwow Drives $55M in Funding
December 06, 2021  |  Investments

In a drive to speed up technology and platform advancement, London-based online vehicle marketplace Carwow has secured $55 million in investments from Hercules Capital, according...

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Britain Eyes Revised Listing Rules for London Stock Exchange
Britain Eyes Revised Listing Rules for London Stock Exchange
December 02, 2021  |  Cross-border Payments

In an effort to help London keep pace with New York, Britain’s stock markets overseer said new listing regulations would debut this week, according to...

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HSBC Adds Investing Feature for UK Customers
HSBC Adds Investing Feature for UK Customers
December 01, 2021  |  Banking

British bank HSBC on Wednesday (Dec. 1) added a function to its mobile app that will let people invest in a suite of funds for...

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UK’s CMA Demands That Meta Sell Giphy
UK’s CMA Demands That Meta Sell Giphy
November 30, 2021  |  Facebook / Meta

Citing potential harm to social media users and U.K. advertisers, the U.K.’s Competition and Markets Authority (CMA) announced its decision to require Meta (formerly Facebook)...

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BNPL Firm Klarna Expected to See Biggest Holiday Yet in UK
BNPL Firm Klarna Expected to See Biggest Holiday Yet in UK
November 29, 2021  |  BNPL

Fueled in large part by the skyrocketing growth of buy now, pay later (BNPL) giant Klarna, the United Kingdom is expected to see its largest...

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European Banks Seek EU Exemptions to Access London Trading Markets
European Banks Seek EU Exemptions to Access London Trading Markets
November 28, 2021  |  Cross-border Payments

Banking groups in the Eurozone want access to the London derivatives trading market — a multi-trillion dollar market — and other major markets. Get the...

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Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross-border Payments

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

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Bitcoin Daily: UK Police Seize Over $2M in Crypto Scam; Miami-Dade County Creates Task Force on Crypto Tax Payments
Bitcoin Daily: UK Police Seize Over $2M in Crypto Scam; Miami-Dade County Creates Task Force...
October 27, 2021  |  Bitcoin

U.K. police have seized over $2.7 million in cryptocurrency after an investigation officials termed a “sophisticated cyber fraud,” the Lincolnshire Police announced in a press...

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