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Gresham Technologies, a UK fintech, will be purchased by STG Partners for £147 million.

In a £146.7 million agreement, US-based private equity firm STG Partners is expected to indirectly hold Alliance Bidco Ltd (Bidco), a limited company that is slated to purchase UK fintech Gresham Technologies.

By Travon Stracke | April 10, 2024 | 0 Comments

UK and US form new partnership to address AI safety jointly

An MOU has been signed by the US and the UK to promote cooperation in the creation of sophisticated testing for AI models.

By Tyree Schoen | April 03, 2024 | 0 Comments

Demis Hassabis, the CEO of Google DeepMind, is knighted in the UK for "services to artificial intelligence."

In recognition of his "services to artificial intelligence," Demis Hassabis, the CEO and one of the three founders of Google's artificial intelligence (AI) company DeepMind, has been knighted in the United Kingdom.

By Travon Stracke | March 30, 2024 | 0 Comments

Vilja, a new core banking system, is imported from Sweden to the UK.

Through a collaboration with the regional mortgage origination platform Mast, Vilja, a Swedish provider of core banking software, is making its entry into the UK market.

By Travon Stracke | March 29, 2024 | 0 Comments

George Schmidt, a former SVP, is named as Tide's new regional CEO for the UK and Europe.

George Schmidt, a former senior vice president of marketing at London-based business banking platform Tide, has been elevated to regional CEO of the UK and Europe.

By Travon Stracke | March 28, 2024 | 0 Comments

WorldFirst Uses World Account As A Novel Approach To Address UK SME Trade Issues

SMEs may encounter management difficulties in organizing and making sure all of their accounts in various locations are correct and operating as they should when they attempt to trade internationally. WorldFirst, a one-stop digital payment and financial services platform for international firms, has introduced a new e-commerce growth solution in an effort to address this problem in the UK.

By Maurine Lind | March 28, 2024 | 0 Comments

George Schmidt becomes the new CEO of Tide for the UK and Europe.

George Schmidt has been named CEO of Tide for the UK and Europe. This is a significant appointment, as demonstrated by his remarkable career progression within the organization.

By Tyree Schoen | March 27, 2024 | 0 Comments

1991 Ventures, based in London, is the latest venture capital firm to target businesses in Ukraine.

This week, the war-torn nation of Ukraine's limited partners, Venrex and Samos Investments, announced the creation of a new venture capital fund (VC) with the primary goal of funding enterprises run by Ukrainians.

By Travon Stracke | March 23, 2024 | 0 Comments

PremFina and Blink Intermediary Solutions create ground-breaking financial alliance for brokers in the UK

Leaders in premium finance PremFina and exceptional alternative broking network Blink Intermediary options have launched a collaboration to provide creative finance options to 1,700 UK broking outlets.

By Tyree Schoen | March 22, 2024 | 0 Comments

April uses Open, a Dutch fintech, to power its mortgage service in the UK.

To support its lending operations in the UK market, fixed-rate mortgage provider April Mortgages has teamed up with Dutch core banking technology company Ohpen.

By Travon Stracke | March 20, 2024 | 0 Comments