Monzo shareholders plotting chair coup after top boss was ousted Fintech A group of Monzo shareholders are plotting a coup to oust the chair of the fintech following the shock exit of chief executive TS Anil. The investors, which include venture capital firms Accel and Iconiq, have strapped up with lawyers as they lobby to reinstate Anil, who is set to be replaced by ex-Google executive [...]
Monzo boss was ‘pushed out’ over IPO dispute Fintech The boss of digital bank Monzo is said to have been pushed out from the top role following a dispute with the company’s board over a potential stock market listing. TS Anil, Monzo’s chief executive of the last five years, is said to have been at odds with the fintech’s board ahead of his surprise [...]
Monzo snaps up UK mortgage broker in first major acquisition Fintech UK fintech Monzo has made its first major acquisition with a deal to snap up a digital mortgage broker in a bid bulk up its “all-in-one” superapp. The digital bank announced on Friday it had snapped up Habito, a fintech firm which uses tech to accelerate the home-buying process with free online advice. The deal [...]
Starling revs up Engine with City hiring spree December 16, 2025 Starling is motoring into 2026 with its foot firmly on the pedal, injecting a fresh pump of gas into the group’s technology arm. The UK fintech veteran is planning to shift its software-as-a-service (Saas) banking platform into top gear with a major hiring spree across London. The platform, known as Engine, is a subsidiary of [...]
UK fintech Plum follows Klarna in securing e-money licence December 8, 2025 Smart money app Plum has managed to secure an e-money licence from the City watchdog, City AM can reveal, even as the volume of application approvals slumps. Plum, which was founded by the former head of banking at Wise, Victor Trokoudes, in 2016, has received authorisation to operate as an Electronic Money Institution (EMI) from the Financial [...]
Revolut ramps up business offering in Visa tie-up December 4, 2025 Revolut is set to scale up its offering to UK businesses in a fresh tie-up with payments juggernaut Visa. The fintech’s business to business arm – dubbed Revolut Business – is set to introduce Titan, a premium business card, early next year as it pushes forward in its mission to create the ultimate all-in-one app. [...]
Barclays boss: Revolut ‘laid gauntlet down’ with $75bn price tag December 2, 2025 The boss of Barclays has said traditional lenders could “learn” from the growing success of their challenger rivals after Revolut surpassed its valuation. CS Venkatkrishnan – known as Venkat – said fintech banks have “laid the gauntlet down,” when asked about Revolut’s new $75bn (£57bn) price tag. The latest milestone from the fintech juggernaut, which [...]
Revolut in new spat with regulators over Storonsky’s residency December 1, 2025 Revolut has been caught in a fresh row with UK watchdogs following the chief executive of the fintech juggernaut shifting his residency to the United Arab Emirates. Nik Storonsky, the boss of the London-headquartered digital bank, sparked waves of conversation after Companies House filings in October revealed the fintech chief had ditch his main residency [...]
Klarna shares fall as banking transformation triggers wider losses November 18, 2025 Swedish fintech unicorn Klarna recorded steeper losses in the third-quarter as costs related to the firm’s transition to becoming a fully-fledged bank offset record revenue. The buy now, pay later firm – which has set its sights on becoming a digital bank – recorded a loss of $95m (£72m) for the three months ending 30 [...]
Nearly half UK fintech founders consider shifting business overseas November 17, 2025 Rachel Reeves’ mission to garner favour with the fintech industry has faltered with founders blasting the government’s approach to the sector as they weigh a move overseas. The Chancellor has attempted to ramp up the UK’s status as a competitive hub in the global fintech ecosystem, but founders have said they are yet to feel [...]