Fintech boards lack AI skills needed to drive future growth, survey finds April 15, 2024 Company boards of the UK’s top fintechs lack the necessary skills and experience in artificial intelligence, a new survey has suggested, which could hold back future growth for these firms.
Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market April 15, 2024 Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.
Klarna: Three-quarters of staff now use AI tools like ChatGPT as fintech looks to reduce hiring April 9, 2024 Around three-quarters of employees at Klarna now regularly use tools like ChatGPT, its head of artificial intelligence has told City A.M., as the buy-now pay-later giant leverages the technology to reduce hiring costs.
Unleashing The Future Of Finance: IFGS 2024 Beckons April 3, 2024 The UK has long been celebrated as a global leader in FinTech and financial innovation. 8 out of every 10 adults in the UK are currently using at least one FinTech tool on a regular basis; nearly 60% of all SME lending across the UK is being done by FinTechs and alternative lenders; and the [...]
Meet the woman on a mission to get pension money into UK start-ups March 28, 2024 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, it’s IQ Capital chief and the British Venture Capital Association's pension fund guru Kerry Baldwin.
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.