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Once again fintech firms and challenger banks are hit with card payment issues

online payment

There have been another problematic 24 hours for fintech firms and challenger banks after being hit with a slew of card payments issues.

Monzo, Revolut, Loot, U Account and other fintechs let down by payments processor

online payment

Payment outages have caused major problems to cardholders and fintech services provides in the UK and internationally. This is understood to be down to payments processor Global Processing Services (GPS).

Fintech funding round-up: 4 November 2016

Banking Tech 2

Let’s put the fun in funding by keeping it mercifully brief. A round-up of some key events. KEEN Venture Partners, a new venture capital firm operating from London and Amsterdam, has announced €90 million first close of its inaugural fund. It will use the money to provide early growth capital for tech firms with a […]

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