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Monzo enters Nigeria’s remittance market, turning up the heat on African fintechs

Monzo is making its biggest play yet for the African diaspora. The UK digital bank, which serves more than 15 million customers, has launched direct money transfers to Nigeria, allowing...
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US Logistics Firm Launches Accelerator for UK Startups

GXO Logistics, the US logistics company, has announced the launch of a new accelerator for UK and Ireland startups. The “open innovation programme” aims...
Funding

UK government-backed “Women Backing Women”fund announces first close at £130m

The "Women Backing Women" fund, which is backed by the UK government, has announced that it has reached the first close of £130 million...
Funding

9fin crowned Europe’s newest Black-led unicorn after $170m raise

London-based fintech 9fin has raised $170 million in a Series C round, pushing its valuation to $1.3 billion and officially joining the ranks of...
Funding

UK Small businesses to receive a £7.4bn boost from the government

Small businesses across the United Kingdom are set to receive more than £7.4 billion a year in government spending by 2028, under new targets...
Funding

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