The wild west of initial coin offerings may soon be facing the wrath of regulators, but the crypto community itself is making efforts to cut down on fraudulent and unethical behaviour in the space.
Marks and Spencer (M&S) claims that its push to become a digital-first business will save it £30m a year by 2021, achieved through operational efficiencies and simplified technology supplier relationships.
The London-based FinTech giant TransferWise just announced its borderless current account, which enables users to spend money in a choice of up to 28 foreign currrencies with a debit card.
Berlin-based Smava, a marketplace for consumer loans, has secured a $65 million investment led by private equity firm Vitruvian Partners.
FinTech firm Goji has raised a ‘seven figure’ Series A from investors including Anthemis’ Venture Fund 1 and AXA Strategic Ventures.