European fintechs ride the Trump train to Wall Street Fintech The new set of aspiring American dreamers are landing on the shores of the Atlantic. But these digital-first visionaries printed in venture capital green aren’t looking for a white picket fence. Instead, their sights are locked on a federal banking charter. Last week Europe’s most valuable fintech company Revolut became the latest in a boat-load [...]
Wise reports jump in users ahead of US dual listing Fintech Money transfer firm Wise delivered a bumper third-quarter as the UK fintech continued to lay the groundwork for its US dual listing. The payments firm recorded a 26 per cent surge in cross-border volumes to £47.4bn in its latest quarter as its customer base swelled. Wise said it now served near-11m users, up by a [...]
Wall Street ‘mocks’ idea of London listing, fintech boss says Markets The founder of one of Britain’s fasest-growing fintech firms has said Wall Street “mocks” the idea of a London Stock Exchange listing. Barney Hussey-Yeo, chief executive of Cleo, said the head of investment banking at a global bank had “laughed” at the notion of his company listing in London. He added they had “assumed” Cleo, [...]
Smith & Nephew hits back at claims it massaged profit margins October 14, 2024 Embattled hip and knee implant maker Smith & Nephew has hit back at a report claiming that it deployed aggressive accounting techniques to bolster its profit margins.