- Monzo Hits $5.2 Billion Valuation Amid Expansion to US Neobank Market Monzo’s growth strategy includes entering the US market, significantly increasing its valuation to $5.2 billion. Read more
- Versatile Credit Enhances Onboarding with Unified Application Versatile Credit introduces a streamlined application process allowing retailers to apply once to multiple lenders, improving efficiency in financing large-ticket purchases. Read more
- UK House Prices Remain Stable in April Despite Mortgage Rate Increases The UK’s housing market sees a stabilisation in prices in April after a drop in March, influenced by rising mortgage rates driving demand towards smaller properties. Read more
- Halifax Reports Modest Annual House Price Growth in April Annual house price growth in the UK modestly increases in April, influenced by weaker growth the previous year, according to Halifax. Read more
- Data Protection and Digital Information Bill to Impact UK Organizations The proposed DPDI bill will specifically affect data protection policies within UK organisations and will be monitored by the European Commission for adequacy. Read more
- Shop Footfall Declines by 7.2% in April The UK experiences a notable decrease in shop footfall in April, following an improved performance in March due to early Easter celebrations. Read more
- Retail Parks See Lesser Decline in Footfall Compared to Previous Month Retail parks in the UK reported a smaller decline in footfall of 6.2% in April, an improvement from March’s decrease. Read more
- Shopping Centre Footfall Rises by 7.2% in April Contrary to the overall decline, footfall in UK shopping centres increased significantly by 7.2% in April. Read more
- s Payments Accumulate: One-third of BNPL users in the UK struggle with their payment obligations, highlighting issues with the financial model. Read more
- Monzo Anticipates New Funding Round: UK digital bank Monzo is close to securing an additional £500 million in funding to support its growth. Read more
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