Vica Manos

#Fintech #VCNews: 🎉Gideon Valkin, former Monzo Bank and ClearScore leader, investor, and entrepreneur, has just launched Andrena Ventures! 🌟 📈 It is a $12 million solo GP fund, supported by tech’s top founders and #VC leaders. 💼💰 👍 The fund has already reached its first close, with plans for a final close later this year. 📆 💡 This fresh fund aims to back Europe’s most promising #fintech founders, empowering the next wave of tech giants at pre-seed and seed stages. 🌐 Also, Gideon has also announced the fund’s inaugural #investment in Nustom, an #AI-powered software-building startup. 🚀 More details on Andrena Ventures and its mission: https://lnkd.in/g-DsJvdY #venturecapital #vcfunding #news #technews #uktech #investment #fundingnews #technology #investment Sayula Kirby Taavet Hinrikus Sten Tamkivi Filip Felician Dames Christian Meermann Sophia Bendz David Haber Firat Ileri

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"The Next Silicon Valley": Zilch CEO hails rise in UK Fintech investment & innovation Philip Belamant, CEO, Zilch, speaks during #UKFintechWeek at Innovate Finance's Global Summit and brings #FinextraTV up to date with how the UK has become a centre for global fintech through #investment, #policy and #innovation, which has enabled FinTech's to #scaleup. We hear more about Innovate Finance's Unicorn Council for #UKFinTech, what it is responding to and how UK #fintechgrowth should be prioritised in the next decade. https://lnkd.in/ehN4yCPJ #IFGS2024 #IFGS #fintech #payments #finance #economy #money #technology #innovation #future #trends #digitalpayments #banks #banking #financialservices #financialinstitutions #ESG #UCFT #unicornprojectfortech #ukfintechgrowth #fintechinvestment #investment #fintechinnovation #fintechscaleup

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Zopa Bank & ClearScore-Led Campaign Pledge2025.org Surpasses 15 Million Actions Milestone in Bid to Build the Financial Resilience of UK Consumers Jaidev Janardana, CEO of Zopa Bank said: “We’re thrilled to see the 2025 Fintech Pledge continue to progress so rapidly. While our economy is stabilising and inflation has largely abated, there is no room for complacency. The fintech ecosystem can jump-start the UK economy, helping consumers bounce-back by embracing new behaviours that support their long term financial well-being.” https://lnkd.in/eR7Y2uEZ Wilfred Collins Lucas Germanos Clare Gambardella Peter Donlon Michael Woodburn Vicky Saliari Justin Basini Andy Sleigh Michael Woodburn #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Monzo Bank's strategic masterclass in a changing economic landscape In a time when many FinTechs are tightening belts, #Monzo is taking bold steps forward. Their latest valuation increase to $5.9 billion via a secondary sale shows more than just strong investor confidence—it’s a showcase of strategic foresight. Key Highlights: 🔸 Enhancing Liquidity: By opting for a secondary sale, Monzo is bolstering its financial flexibility without diluting its valuation. This sets the stage for expansion, product innovation, and entering new markets (Europe and the US) with confidence. 🔸 IPO Preparation: These moves mirror public market transactions, allowing Monzo to both test investor appetite and educate the market about its unique growth potential ahead of any IPO ambitions. 🔸 Market Timing: Monzo’s valuation boost in favorable market conditions reflects financial prudence, setting a strong baseline for future rounds. As FinTech continues to face economic volatility, Monzo's strategic positioning proves that with the right moves, opportunities abound. Read the full blog: https://lnkd.in/dgdNHRBN #CInnovation #FintechInsights #FintechInnovation #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #NeoBanking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews

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🇬🇧💷 TRIVER, a UK-based #fintech company focused on providing instant access to working capital for small and medium-sized enterprises (#SMEs), has secured an additional £2.5 million in #funding. 📈 This convertible bridge loan comes from existing #investors and builds upon previous funding rounds, bringing Triver’s total capital to over £9.5 million. 📈 A recent partnership with Elcom exemplifies Triver’s embedded finance #strategy, as it enables SMEs supplying the public sector to receive immediate payment upon invoice approval, potentially transforming cash flow management for these businesses. 🤖 Read more here: https://shorturl.at/12xO3  Jerome Le Luel William Lock #UKtech #innovation #news #startup #UKstartup

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Our CEO, Ezechi Britton MBE, participated in the "Open Banking in Lending: If Not Now, Then When?" panel at the ClearScore Change 2024 conference today.   Exploring the pivotal role of Open Banking and accessibility in tech advancements, highlights from Ez’s panel include: 🔹 Open Banking as a catalyst: Emphasising the role of Open Banking in enhancing accessibility and fostering a more inclusive financial ecosystem. 🔹 Diversity as a strategic imperative: Diversity in technology is essential—not just beneficial—for creating robust, inclusive financial solutions. 🔹 People-centric approach: Highlighting that the future of finance must focus on people rather than just data, underscoring the human aspect of financial services. In continuation of our mission, our second Coalition, launched in June, aims to harness data-driven solutions to combat economic crime, addressing £3 billion in fraud losses. This builds on the momentum of our first coalition, which set foundational measures to enhance SME lending and support vulnerable consumers through Open Finance.   Thank you to Tim Kelleway, Managing Director at D•One, for moderating, and panellists Tim Rooney, CEO at Salad Money, and Gerald Chappell, CEO and Co-Founder at Abound & Render, for an insightful discussion!   #ClearScore2024 #UKFintech #OpenBanking #OpenFinance

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Fignum has been featured in The Fintech Times' "Behind the Idea" series, spotlighting our innovative solutions in the lending landscape! Our Commercial Director, Josh Skelding, highlights a crucial challenge in the industry: "Legacy technology remains a formidable obstacle in the mortgage market, hindering efficiency, innovation and adaptability. Outdated systems impede businesses, leaving them vulnerable to market shifts and competitive pressures." Read more about Fignum's journey and how we're addressing these challenges: https://lnkd.in/eMPatuAs #Fintech #lendingtechnology #mortgagemarket #innovation

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Today at the Innovate Finance Forum our CEO, Ezechi Britton MBE, participated in 'The Journey to a Smart Data Economy Has Started' panel alongside Marion King, Chair and Trustee at Open Banking, Barry O'Donohoe, Co-Founder and CEO at Raidiam, and Gavin Starks, Co-Chair at the Smart Data Council. Exploring how financial technology can be used as a force for good, key highlights included: 🚧How data-led solutions can break down barriers to SME finance, creating a more resilient Smart Data Economy 📈 Lessons from the success of Open Banking, and how a collaborative, cross-industry approach can unlock financial growth 🤝The importance of collaboration between finance, technology, and policymakers to tackle economic crime, enabling greater security and reducing fraud A great event with like-minded industry leaders, and we look forward to continuing discussions on securing the UK’s position as a global leader in FinTech. #InnovateFinance #FinTechForGood #InnovationDrivingGrowth #SmartData #CFIT

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Broken Business Savings Market Is Costing British SMEs £9 Billion a Year in Missing Interest Richard Davies, CEO of Allica Bank, said:  “There’s no question the SME savings market is broken. “The fact the SME savings penalty has got larger since we first did our research last year – while the Bank rate has reduced slightly – is a travesty many SMEs will find hard to understand. “It’s very unfair SMEs don’t get similar rates to large companies, and our research suggests big banks won’t be improving their rates for SMEs any time soon. “It’s time for something to be done to make that change, get SMEs a better deal and release billions of pounds into the real economy.” https://lnkd.in/eqAmuVCf Chloe Fenton (née Vaidya) Georgie Burks Joe Jones James Heath Ravneet Shah Conrad Ford Mitch (Munish) Trehan Nick Baker #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Monzo Bank Announces First Full Year of Profitability Amid Record Growth and Accelerates International Expansion Plans TS Anil, CEO of Monzo, said: “This was a landmark year of record growth for Monzo. We surpassed 9m personal customers and 400,000 business customers, launched game-changing new products, closed a £500m capital raise and, as planned, reported our first year of profitability. I’ve never believed in the idea that a company has to choose between either being mission-oriented or focused on business outcomes. FY2024 proved Monzo is doing both – and that our strategy of placing the customer at the heart of everything we do is working at scale. We’ve achieved scale, growth and profitability, and we have all the right components to seize the huge opportunity ahead.” https://lnkd.in/eKJ_2GnK #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Oxbury Bank Plc Achieves First Full Year of Profitability Just Three Years Since Launch Commenting on Oxbury’s results, James Farrar, Chief Executive Officer, said: “2023 was an incredible year for Oxbury. We’ve doubled our customer numbers, more than doubled deposits and grown our lending by 75%. “There is great demand in agriculture for Oxbury’s offer – customer focused, tech-driven financing, with better products, supported by an experienced team of relationship managers, that can help farmers take on the current challenges they face, including productivity, land changes and the transition to net zero. “We’re incredibly proud of Oxbury’s progress in such a short space of time. We’ve delivered a growing, profitable business in only three years and built on our very own Oxbury Earth Tech platform – proving how Oxbury can become a new positive force in agriculture, not just in the UK, but potentially overseas. “As Britain’s first and only agricultural focused fintech, we remain committed to serving food and farming businesses and helping our customers achieve their goals.” https://lnkd.in/eBSGDJXF #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Monzo Bank has reported its first annual profit since launching nearly a decade ago. The London-based fintech has benefited from higher interest rates and growth in transaction fees and subscriptions 👏 Monzo CEO, TS Anil, commented on the news on his LinkedIn: “I’ve never believed in the idea that a company has to choose between either being mission-oriented, or focused on business outcomes. FY2024 proved Monzo is doing both – and that our strategy of placing the customer at the heart of everything we do is working at scale..." 👇 Read more below 👇 #StartupsMagazine #Startups #Entrepreneur #Monzo

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💡emerchantpay's latest Open Banking report is out now! To help businesses navigate Open Banking, emerchantpay conducted research with over 2,000 UK consumers, delving into their attitudes and preferences towards Open Banking in the UK market. Download the first chapter of our new report to explore the Open Banking landscape in the UK and discover the opportunities it can provide for early-adopting businesses: https://bit.ly/4eFYcXJ #eCommerce #onlinepayments #openbanking #fintech

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Trustly Appoints Adam Miller as Group CFO to Drive Ambitious Growth Johan Tjärnberg, Group CEO at Trustly “Adam’s appointment is an exciting milestone for Trustly. His extensive experience in high-growth tech companies and leading businesses through crucial stages of development will be invaluable as we enter our next phase of growth.”  https://lnkd.in/e6kJ23eH Adam Miller Elin Lindroth Emil Nordstrom Andres Suay Jacob Hager Claudia Fierro-Poppen Gabriel Goonetillake Mariusz Jamka #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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🎧NEW PODCAST ALERT: Increase CEO Darragh Buckley on a Tech-Enabled Future for Community Banks → https://lnkd.in/eZnNKVUW Community banks face a tech revolution. Explore the challenges & opportunities with Increase CEO and Founder Darragh Buckley, who has a unique perspective and novel ideas. Hear his thoughts on how smaller #banks can survive & thrive in a changing landscape. #podcast #innovation #APIs #fintech

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Monzo has made a profit for the first time, having seen its revenue increase dramatically over the past year. This contrasts with reports, also out today, lamenting that FinTechs or "Neobanks" have failed to dislodge the big banks because their main revenue streams come from payments. Today, Neobanks offer credit cards, loans and savings products so profitability may become increasingly achievable. Despite a wider service offering, most people will continue to use Neobanks alongside a primary account for the short term. They remain important though. FinTech has changed how banking is done and has improved the customer experience. It has opened up a new range of role types and career paths in the new organisations and also in longer established banks. Healy Hunt provides specialist recruitment services for FinTech professionals across Financial Services. https://lnkd.in/ezx2CNr4 #fintech #neobank #executivesearch #recruitment #startup #scaleup

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In this episode of In Focus we speak with Tide one of the UK's fastest-growing fintechs who offers an all-in-one finance platform for business owners. The strategic decision to adopt LaunchDarkly over a homegrown system has not only helped them scale quickly and efficiently, but also allowed them to focus on their mission of saving their members time and money. 🚀 https://lnkd.in/g9j7Ad_q

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