Revolut to move headquarters to heart of Canary Wharf as it awaits UK banking licence June 13, 2024 Revolut has struck a deal to move its global headquarters to one of Canary Wharf's most prominent buildings as the fintech giant grows its presence in London's financial district amid a long struggle to secure a UK banking licence.
Revolut investor writes-up stake by 20 per cent as ‘commercial traction’ grows June 12, 2024 One of Revolut’s top investors has written-up the value of its stake in the company by 20 per cent after delivering a bruising cut last year on the back of the fiasco over its accounts.
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires June 12, 2024 The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.
Starling Bank posts third annual profit ahead of expected London listing June 12, 2024 Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
FTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for direction June 11, 2024 US stocks hit record highs, Asian markets were mixed and Apple shares dipped after the AI demo. All eyes are now on the UK jobs report.
Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
Robinhood UK chief: Our Gamestop customers have ‘matured’ June 6, 2024 Robinhood's UK chief Jordan Sinclair says the company has been through a period of "growing up".
Barclays throws its weight behind fast-growing London wealthtech June 4, 2024 London-based fintech WealthOS has raised £4m in an investment led by Barclays.
Wise among best fintech stocks in global top 25, broker says June 4, 2024 Wise is among the best names in a group of top 25 global fintech stocks, according to a leading broker, as the money transfer firm is expected to post strong growth this year.
Monzo boss aims to grow bank ‘several times’ bigger ahead of expected listing June 3, 2024 The chief executive of Monzo has said it is still "too early" to talk about the digital bank's IPO ambitions as he focuses on growing the business "several times" bigger and expanding overseas.