By Priya Sharma
Starling Bank has appointed advisers to explore a dual-track IPO process on both the London Stock Exchange and NYSE, reigniting debate over whether the UK can retain its most valuable fintech companies.
After years of retrenchment following high-profile failures, the UK peer-to-peer lending sector is experiencing renewed growth as institutional capital flows back into the market.
The Financial Conduct Authority has released its long-awaited regulatory framework for AI in financial services, establishing mandatory standards for model governance, explainability, and bias testing. The rules will apply to all FCA-regulated firms from April 2026.
By Raj Patel
The Property (Digital Assets etc) Act 2025 has received Royal Assent, making England, Wales, and Northern Ireland among the first jurisdictions to confirm in statute that crypto and NFTs are personal property.
By Marcus Webb
The Prudential Regulation Authority has proposed new capital requirements for banks and building societies that accept deposits through fintech partnerships, citing concerns about the stability of digitally sourced funding.
New data from the European Payments Council shows the UK processes more real-time payment transactions per capita than any EU member state, with open banking-initiated payments now accounting for 12% of all Faster Payments volume.
The annual UK Finance fraud report shows total losses exceeding £1.5 billion in 2024, with criminals increasingly targeting digital-only channels and exploiting social media platforms.
New FCA safeguarding rules effective 7 May 2026 require daily reconciliation, monthly returns, and annual audits for payment firms — after finding collapsed firms had average shortfalls of 65% of customer funds.
Molo Finance, the UK's first fully digital mortgage lender, has surpassed £1 billion in cumulative lending as demand for online-first home buying experiences continues to grow.
PensionBee has processed a record £2.1 billion in pension transfers during 2025, driven by millennials consolidating scattered workplace pots. The listed pensions fintech now manages over £5.8 billion in assets on behalf of 280,000 customers.