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In the Press

FCA issues ‘Dear CEO’ letter to lenders offering high-cost short-term credit (payday lenders)

The Financial Conduct Authority (FCA) has issued a warning to the high-cost short-term credit (HCSTC) sector amid a rise in complaints about unaffordable loans.

15th October

News

Welcom Digital to create 2nd graduate team in India!

Welcom Digital is currently recruiting for a SECOND graduate team in India, following the success of the first team that was launched just one year ago.

30th May

Blog

Crackdown on high-interest lending announced by FCA

The rent-to-own sector faces a price cap similar to limits on payday loans, but the financial regulator will not rush to impose the same restrictions on overdrafts. The Financial Conduct Authority...

31st May

In the press

UK launches £2.5bn startup initiative

The UK government has launched a series of initiatives designed to attract more foreign FinTech experts to work for UK startups.

13th June

In the press

Credit card debt and the cost of borrowing are on the rise

Credit cards are getting more expensive according to new data released by Moneyfacts which revealed that credit card borrowing is rising by around £3 billion year-on-year and £318 million of debt on...

21st June

In the press

£50m FinTech fund launched by UK building Society

Personal data, identity and Open Banking will help drive banking strategy. For the lenders, there will be enhanced underwriting capability and product innovation.

28th June

In the press