Oaknorth: London looking ‘less attractive’ than peers as listing destination May 29, 2024 The boss of Oaknorth has said London’s public markets are looking “less attractive” than their international peers in a signal of the bank's thinking as it plans for a potential IPO.
Why one US fintech boss reckons London is about to create ‘a lot of new winners’ May 28, 2024 The boss of a US fintech heavyweight has said London boasts more innovative firms than rivals across the pond, with a rebound in funding set to create "a lot of new winners" in the sector.
Why buy-now pay-later firms are still waiting for regulation three years on May 27, 2024 As officials from the Treasury and Financial Conduct Authority sat down with a buy-now pay-later (BNPL) boss to chat through their impending regulatory clampdown last year, frustration boiled over.
FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets May 24, 2024 Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.
FTSE 100 today: London markets set to open lower as rate cut bets ease May 23, 2024 Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.
Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone May 23, 2024 Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.
Where are all the UK’s female tech millionaires? May 22, 2024 Research shows that the male-dominated funding ecosystem is holding back female-led tech firms. If the UK wants to become a tech superpower, this has to change, Jess Jones argues
Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR May 21, 2024 London-based insurtech Vitesse has secured a new $93m (£73.2m) funding round to support its expansion in the US.
GoCardless: Fintech ‘open-minded’ on further acquisitions as it eyes profitability in 2025 May 11, 2024 London-based payments fintech GoCardless is weighing up further acquisitions in the open banking space as it looks to rebound from a challenging 2023 and achieve profitability next year.
Monzo’s valuation rises as fintech giant bags £150m funding for US growth May 8, 2024 Monzo has raised $190m (£150m) in new funding, taking its total for the year to $610m (£490m) and raising its valuation to $5.2bn (£4.1bn), as the digital bank eyes up international expansion and a flurry of new products.