Financial Conduct Authority

FCA approves The ai Corporation as an EMI

The United Kingdom’s Financial Conduct Authority has awarded an e-money license to payment and risk management firm The ai Corporation. The approval, granted earlier in July, enables The ai Corporation to provide fully FCA-compliant financial services. Effective July 1, the ...

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Zopa celebrates financial milestone

Early last week Zopa, the United Kingdom’s largest peer-to-peer lender, announced they passed the £400 million mark lent on the site since it went live in 2005.  When converted to US dollars, its total of just under $650 million places ...

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