FTSE 100 today: British stocks poised for decline if UK May inflation surprises to the upside June 19, 2024 Asian markets surged with Wall Street hitting record highs. Focus on UK May inflation and the Bank of England policy decision.
Revolut adds ‘Revpoints’ and financial market trading tools in bid to become money super app June 18, 2024 Revolut announced two new products, focusing on travel discounts and bond trading, on Tuesday as the fintech looks to diversify its revenue streams and achieve superapp status.
Lopay: SumUp rival eyes profitability this year ahead of Europe and US expansion June 18, 2024 London payments start-up Lopay expects to hit profitability in 2024, less than three years after launching, ahead of taking its challenge to bigger rivals like SumUp to new markets in Europe and North America.
‘Heartbroken’: Major buy-now pay-later firm collapses after failing to find a buyer June 17, 2024 Buy-now pay-later firm Laybuy has collapsed into receivership today after efforts to find a rescue buyer failed.
Lendinvest issues profit warning after accounting error on £5m securitisation deal June 17, 2024 Property fintech Lendinvest has issued a profit warning for its 2024 financial year after an accounting error related to a £5m securitisation deal.
UK fintech job vacancies surge as investors flock back to London June 17, 2024 London is driving a surge in UK fintech recruitment this year, data shared exclusively with City A.M. shows, as start-ups push for rapid growth and enjoy green shoots in investment after a rough couple of years.
Zopa Bank targets current accounts and SME lending as London listing beckons June 15, 2024 Zopa Bank is set on stepping up its challenge to the likes of Starling, Monzo and Revolut, while expanding its suite of products ahead of a hotly-anticipated stock market float.
Exclusive: Laybuy teetering on the edge of collapse as rescue buyer fails to materialise June 14, 2024 Buy-now pay-later firm Laybuy is teetering on the edge of collapse after efforts to find a rescue buyer have so far failed, City A.M. understands.
CAB Payments confirms new boss less than a year after disastrous London float June 14, 2024 CAB Payments has confirmed that veteran banker Neeraj Kapur has taken over as its new chief executive.
Wise: Fintech’s shares crater as it forecasts slower income growth June 13, 2024 Money transfer firm Wise's shares have cratered after it forecast a slowdown in income growth this year, as the boost it received from historic interest rate hikes dies down.