Bank of England names first UK fintech cohort for Scale-Up unit

U.K. regulators aim to help firms scale up

FCA, PRA to help first launch cohort of firms navigate growth challenges The post U.K. regulators aim to help firms scale up appeared first on Investment Executive.

Allica Bank joins new Scale-Up Unit to support SME lending growth

Allica Bank has been chosen to join the new Scale-Up Unit set up by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA).  The unit is a Government initiative aimed at helping fast-growing financial services firms tackle regulatory hurdles as they expand. The Scale-Up Unit will give Allica Bank extra regulatory support, including help with capital reviews and launching new products.  The bank will also be able to share…

Bank of England names first UK fintech cohort for Scale-Up unit

Firms include neobank unicorn Zopa and Allica Bank for the first cohort of its new Scale-Up unit designed to accelerate fintech growth

PRA and FCA announce first cohort to join scale-up unit

The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have announced the first cohort of banks and building societies to join the scale-up unit. The six firms include Allica Bank, ClearBank, Monument Bank, Nottingham Building Society, OakNorth Bank and Zopa Bank. The scale-up unit,…The post PRA and FCA announce first cohort to join scale-up unit appeared first on Mortgage Strategy.

Regulators announce first firms to join Scale-up Unit