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/crypto

Crypto.com makes major hiring push

After significant layoffs in 2022 and 2023, crypto exchange Crypto.com is embarking on a hiring spree that could add 1400 staffers to its headcount.

/markets

Zopa CEO quashes IPO speculation

Jaidev Janardana, CEO of Zopa, has blamed the media for the UK fintech sector’s focus on valuations.

/cloud

Romania's Salt goes live with Starling's SaaS platform

Romanian digital bank Salt has gone live on Starling's SaaS platform Engine, onboarding 100,000 customers in its first two weeks.

/inclusion

Project Nemo launches disability inclusion campaign

Project Nemo, a not-for-profit disability inclusion campaign, was launched yesterday during UK Fintech Week.

/markets

BoE forecasting held back by out-of-date tech - Bernanke

The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.

/startups

Report calls for more support for female founded fintechs

UK startups outside of London should have more than one founder, ensure gender diversity and join an accelerator, according to the findings of a recently published report.

/sustainable

Standard Chartered invests in ethical finance startup Algbra

Standard Chartered's venture arm has invested in Algbra, an ethical finance-focused and sharia-compliant UK-based fintech. Terms were not disclosed.

/payments

UK moves to experimentation phase of Regulated Liability Network

The UK's biggest banks are pushing ahead with the experimentation phase of a Regulated Liability Network, a financial market infrastructure for programmable money operating on a multi-bank shared ledger.

/retail

Innovate Finance sets out Open Finance roadmap

Building on open banking to enable wider data sharing across financial services products including savings, mortgages and insurance, could unlock an extra £30.5 billion GDP a year for the UK, says a paper from Innovate Finance and KPMG.

/retail

Zopa eyes IPO after hitting FY profitability

UK digital bank Zopa has swung to its first full year profit as it prepares to start offering current accounts and eyes a future IPO.

/regulation

European taskforce calls for T+1 alignment

A group representing buy and sell-side firms and market infrastructure providers across Europe has called on the UK, Switzerland and the EU to coordinate plans to shorten the settlement cycle for securities trades.

/regulation

UK government announces open finance task force

Bim Ofolami, UK government Economic Secretary to the Treasury, has announced the formation of an open finance task force during a speech at ifgs 2024.