Revolut chief Nikolay Storonsky renounces Russian citizenship October 30, 2022 The head of London fintech giant Revolut has renounced his Russian citizenship amid the Ukrainian government’s decision to sanction his Ukrainian born father over his position at Gazprom’s research arm. Revolut co-founder Nikolay Storonsky Jr previously held both British and Russian passports, but renounced his Russian citizenship in response to the country’s invasion of Ukraine, [...]
Moneyhub eyes London IPO after £35m cash injection October 24, 2022 Fintech firm Moneyhub said it was eyeing up a London listing today as it bagged £35m in fresh funding from investors including Legal & General and Lloyds Banking Group.
UK is now the largest crypto economy in Europe October 20, 2022 The UK received a whopping $233 billion in raw transaction value of cryptocurrency in one year, according to an official report.
Revolut launches Homes feature to take on Airbnb October 19, 2022 Fintech giant Revolut has unveiled a new holiday home rental feature today as it looks to broaden its reach in the travel market and snap up market share from Airbnb.
‘How dare they?’: Klarna chief hits back at critics of Deliveroo deal October 18, 2022 The UK chief of buy-now pay-later firm Klarna has mounted a defence of the firm’s tie-up with Deliveroo today after claims from debt campaigners that the deal will plunge struggling Brits into debt.
Wise hikes guidance as customers shift £27bn across borders October 18, 2022 Money transfer firm Wise has hiked its guidance for the year after a surge in cross border transactions boosted profits in the second quarter of the year.
Titanic Technology, where the fun never Ends October 14, 2022 | Sponsored It was Benjamin Franklin who said: “nothing can be said to be certain, except death and taxes”. In addition to that I can add another certainty – the lack of quality IT developers in the Financial Technology landscape. Blessed is the geek, for they shall inherit if not the earth, then a hefty salary, possible [...]
Kids’ finance app GoHenry bags £50m cash injection October 13, 2022 Kids’ finance app GoHenry revealed it had bagged $55m in fresh funding today as it looks to fuel its expansion across Europe.
Greensill insolvency earns administrators £34m October 13, 2022 The collapse of the disgraced supply chain finance firm Greensill Capital has earned its administrators £34m in fees and expenses, according to reports.
Fintechs are failing on financial inclusion, says commission chair October 12, 2022 Fintech firms are not widening the net to struggling consumers as they battle a cost of living crisis this year, the chair of the Financial Inclusion Commission has warned.