Mo Aldalou

Monzo Bank has become the latest bank to join the MTD goldrush as the digital bank announces that sole traders and landlords will be able to file taxes directly to HMRC from their business bank account without the need for separate software. The filing tool, provided via a partnership with Sage Embedded services, supports the quarterly MTD submissions and end-of-year returns, starting from the 2026/2027 tax year. Monzo joins the likes of NatWest Group, Starling and Tide in the race to attract business bank accounts -- a recommended step in the MTD process. Full story in the comments below 👇

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Open banking was covered widely at this week's Labour Party Conference, with widespread recognition of its critical role in powering UK economic growth and innovation. A standout moment was our Policy Director, Luke Ryder joining a fintech panel alongside Luke Charters MP, TrueLayer’s Megan Coulson, Financial Conduct Authority's Sacha Sadan, and Startup Coalition’s Charlie Mercer. The discussion explored: ✅ The journey OBL is supporting with industry and regulators to secure a long-term framework for open banking; ✅ How we can accelerate progress towards Open Finance to unlock benefits for consumers, businesses and the wider economy; ✅ The growing collaboration across the ecosystem to make this vision a reality. We were also pleased to participate in Innovate Finance and EY’s roundtable on Tech’s Plan for Change, where open banking was highlighted as a prime example of UK-led innovation. Attendees welcomed the move towards a sustainable, long-term model that supports the full ecosystem and enables continued growth. OBL remains committed to working with industry, policymakers, regulators, and consumer and business representatives to support this flourishing UK sector and ensure open banking continues to play a pivotal role in driving inclusive economic growth. #OpenBanking #OpenFinance #Innovation #FinTech #FutureOfFinance #Innovation #DigitalInnovation #TechInnovation The Labour Party

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We’re excited to announce our partnership with Mastercard to make EV salary sacrifice schemes even more accessible for small businesses. Through the Mastercard Business Bonus programme, small business cardholders can now sign up to our scheme and offer employees an extra £100 charging credit when ordering an electric car. ⚡ Salary sacrifice isn’t just a perk for employees – it’s a win for businesses too: 🌍 Reduce your carbon footprint 👥 Boost employee retention and recruitment 💷 Save money while offering an attractive benefit Fiona Howarth, our founder, sums it up: "Salary sacrifice remains the cheapest way to drive a new EV. And the benefits are not just for drivers, but for their employers too." Read more - https://lnkd.in/exRhyzqQ #OctopusEV #EVSalarySacrifice #SustainableBusiness #EmployeeBenefits #ElectricVehicles #Mastercard

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🤝 Discover how Swansea Building Society, serving south west and east Wales since 1923, is combining its face-to-face branch network with an online digital product. In this interview, Nick Longar, Head of IT, explains how the Society partnered with SBS to launch its 'My Accounts' online savings platform and mobile app, complete with biometric login, faster account opening, and enhanced functionality. With nearly 3,000 members onboarded in just a few weeks, the project has expanded Swansea’s digital footprint, streamlined internal processes, and reinforced the Society’s commitment to investing in the right technology. Watch the full interview here 👉 https://lnkd.in/e-Md8_g4 #SwanseaBuildingSociety #CustomerStory #SBS

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Big news 🥁🥁 Sending money just got even better 🚀 We’re excited to announce our partnership with Clear Junction to power faster, easier cross-border payments for enterprise businesses, now available through Swap, our currency exchange platform built in partnership with Wema Bank Plc. and Kadavra BDC. What does this mean for your business? ✅ Faster local and international transfers ✅ More competitive exchange rates ✅ Simplified USD, EUR, and GBP collections ✅ Seamless payments from Africa to the UK and Europe For enterprises that need speed, scale, and reliability, this partnership is transforming how money moves so you get better value, every single time. Visit www.flutterwave.com to get started today!

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Economic growth starts with strategic investment in our strongest sectors 📈 Sarah Williams-Gardener, the Chair of FinTech Wales, explains how today's Financial Services sector plan builds on Wales' existing strengths to drive sustainable economic growth across the country. This is about more than financial services – it's about creating the high-value jobs and innovative businesses that will power Wales' economy for decades to come 🎥

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