Fintech firms face ‘growing skills gap’ in 2024, warns top chief December 28, 2023 The UK’s fintech sector faces a “growing gap” in talent next year as the demand for digital skills continues to outstrip supply, a top industry chief has warned.
Revolut reportedly set for £1.5bn in revenue on higher European interest rates December 20, 2023 Revolut is set to see revenue of more than £1.5bn in 2023, according to an investor presentation seen by Bloomberg, as the pan-European fintech receives a boost from higher interest rates.
LendInvest swings to loss on mortgage woes, has cut more than a quarter of staff December 19, 2023 AIM-listed lender to homeowners and buy-to-let landlords hit by increased competition
UK fintech group IEC floats on London Stock Exchange’s AIM rival Aquis December 14, 2023 A UK fintech group has listed on the Aquis stock exchange in a boon to the City after a year of its public markets being starved of listings.
Liberis secures £89m on mission to close global SME funding gap December 7, 2023 London-based fintech Liberis has secured $112m (£89m) from HSBC Innovation Banking and BCI Capital, furthering its mission of closing the global small business funding gap. The financing will help the small business-focused finance firm to further its growth across Europe and North America, providing businesses with more flexible finance options. Liberis chief executive, Rob Straathof, [...]
One of the UK’s fastest growing fintechs says it will outpace Starling soon December 4, 2023 Some 10 months into the launch of digital bank Kroo, the founder reckons it will achieve profitability twice the speed of Starling Bank.
Does the UK really want Robinhood? December 4, 2023 Robinhood launched a push into the UK this week - but how warmly will it be received by British retail investors?
Zopa and Tide given valuation boost by investor Augmentum November 28, 2023 Listed fintech fund Augmentum has bumped up the valuation of its portfolio this year in a sign that values are beginning to stabilise after a sharp slump over the past two years.
Many fintech lenders are ‘uneconomical’ report finds November 21, 2023 Winyield said that less than ten per cent of the fintech lenders it interviewed had staff with "previous relevant credit experience."
Hunt reveals Treasury-backed tech funds in bid to kickstart £75bn pension boost November 21, 2023 The Chancellor Jeremy Hunt has revealed £250m will be channelled into two new private sector investment vehicles today as ministers look to kickstart the flow of cash from pension funds into tech start-ups.