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Starling Bank CEO to Step Down on June 30th after 10 Years in Charge

Starling CEO Anne Boden agrees to step down from the role at the British neobank next month over ‘conflict of interest’ concerns.  According to reports, Starling Bank co-founder and CEO Anne Boden will step down at the end of next month. Chief operating officer John Mountain is replacing Boden at the helm of the British digital bank. The CFO has been with Starling since 2015. Boden co-founded Starling in 2014 and grew the neobank’s profile and business visibility to become a leading UK...

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UK Is Top Destination for European Fintech Investment with $4.9 Billion Received

The United Kingdom (including London) fintech ecosystem has reached a new record of $4.9 billion in investment. And as a result, it has managed to secure its position for another year as the number one destination for European fintech investment. Only the United States has a better record, according to the recent report from City AM, London.Exclusive data from Innovate Finance has revealed that the UK recorded a 38% increase in venture capital and private equity investment into its fintech...

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Visa, BNP Paribas Invest $80M into Fintech Startup Currencycloud

Recently, the UK fintech startup Currencycloud ran a series E funding round. Among the participants were Sapphire Ventures, Notion Capital, Anthemis, Accomplice, and Google’s venture wing GV. All of them supported Currencycloud earlier. Besides, the startup boasted it had attracted new investors. Visa, World Bank arm International Finance Corporation, BNP Paribas, Siam Commercial Bank and former Softbank spinoff SBI Group joined the round and invested as much as $80 million.The round has...

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