Philip Hammond’s Railsr floats merger with Equals Group March 20, 2024 Railsr, the fintech company chaired by former chancellor Philip Hammond, has pursued a merger with rival Equals Group.
Alpha Group: fintech reports growth as it eyes premium listing in 2024 March 20, 2024 AIM-listed Alpha said it expects to complete a move to a listing on the premium segment of the main market in 2024.
London fintech Tide set to launch in Germany as it looks to grow international footprint March 12, 2024 The international push comes after rapid growth in the UK, where it now boasts around 575,000 small business clients, alongside over 200,000 from its Indian division.
‘I would’ve thrown an egg at him’: Jeremy Hunt under fire for his London Stock Exchange push March 8, 2024 The boss of challenger stock exchange Aquis has launched a blistering attack on Jeremy Hunt today, claiming he wanted to throw an egg at the Chancellor for his "anti-competitive" push to turn the London Stock Exchange into the “Nasdaq of Europe”.
Funding Circle looks to offload US arm and kicks off share buyback as losses deepen March 7, 2024 Fintech firm Funding Circle kicked off a £25m share buyback programme today and said it was looking to offload its loss-making US division in the hope of stemming losses and boosting its flagging share, the firm has announced.
Top fintech CEOs form body to unlock growth and shape policy March 4, 2024 The bosses of Monzo, Revolut, Gohenry and Clearscore are among some of the big names to join a body of fintech unicorns promising to “unlock growth in the fintech sector”.
Plus500 plotting deals spree as it readies £138m payout to shareholders February 20, 2024 Retail trading platform Plus500 topped market expectations and announced plans to put $175m back in shareholders pockets today despite a squeeze on revenues and profits over the past year.
‘About a third’ of Facebook Marketplace listings could be scams, MPs told February 7, 2024 A director at TSB Bank has warned a group of top MPs that Facebook Marketplace and cryptocurrency investment are major breeding grounds for scams amid calls for Big Tech to take more responsibility for a wave of fraud on social media.
Fintech investment in crisis but London remains ‘European capital’ February 6, 2024 UK fintech investment dropped by $12.3bn (£9.8bn) last year, falling 34 per cent, but the country remained the lead investor in Europe. Fintech investing across the Europe, Middle East and Asia region halved last year, falling from $49.6bn in 2022 to just $24.5bn, its lowest level in seven years, data from KPMG revealed. John Hallsworth, [...]
Why one San Fran fintech snubbed Nasdaq for the London Stock Exchange January 30, 2024 Boku is a San-Francisco founded fintech that bucked the trend to float in London in 2017. Charlie Conchie asks its new chief how life has been on the beleaguered London Stock Exchange.