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AI financing web raises concentration risk for UK investors
Sona Asset Management's mapping of $3.6tn in AI financing ties shows how UK portfolios could share hidden common-customer risk, even when holdings look diversified.

What the digital euro pilot means for UK merchants
The ECB's digital euro merchant pilot call opened on 15 September 2026. Here's what it tests, who can join, and what it means for UK merchants and payment firms trading into the euro area.

Manchester payments firm Ryft raises £20m to expand overseas
Manchester-based Ryft has raised £20m in a Series B led by Gresham House Ventures for European and US expansion, with no approval yet confirmed for its Maltese payments licence application.
What is moving money now
Essential reporting and plain-English analysis from across UK finance.
View all- 01 / Crypto, Stablecoins & Tokenisation
FCA clarifies when overseas crypto platforms fall under UK rules
The FCA's new perimeter guidance says offshore incorporation alone will not keep crypto platforms, custodians and staking providers outside UK authorisation rules; whether one falls within the perimeter depends on the service and the applicable intermediary or direction test for UK consumers.
- 02 / Fintech News
Ayan Capital secures £75m facility, eyes UK banking licence
Triple Point has arranged a Shariah-compliant facility of up to £75m for Ayan Capital's car-finance business, as the firm prepares a UK banking licence bid and a planned Series A raise.
- 03 / Fintech News
Sprive reportedly raises $10m (£7.7m) to expand mortgage app
Sprive has reportedly raised £7.7m to grow its shopping-rewards mortgage overpayment app, but any saving depends on each borrower's own mortgage terms and allowances.
- 04 / UK Fintech
Wise presses UK on payment fees, but its £9.8bn claim needs care
Wise wants tougher UK rules on cross-border payment fees ahead of the 2027 G20 presidency, but its widely repeated £9.8bn loss figure isn't in its own report and hasn't been endorsed by the FCA.
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Simply Asset Finance's loan book hits £532m; Kara credited for workflow growth
Simply Asset Finance's loan book reached £532m at 31 December 2025. Its Kara AI agent's initial eight-minute payout rollout applied only to selected vendor partners drawing on pre-approved credit lines, not new lending decisions.

FCA takes Hunter Jones to court over unauthorised activity claim
The FCA has begun High Court proceedings against Osborne Baldwin Limited, trading as Hunter Jones, which sells loan notes. The regulator alleges unauthorised regulated activity, without specifying which activity, and the claim is untested with no trial date set.

Ex-Monzo founders raise funding for payroll savings firm Sync
Sync Savings, founded by ex-Monzo staff, has raised an undisclosed funding round to expand payroll-linked saving via IRIS Staffology and NHS-linked employers, though key figures remain company-supplied.