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Fintech

  • I built a fintech giant with no formal qualifications — now I own a football club

    October 21, 2024

    “I started to knock that back and then I started to actually see the power of being a woman and of being who I am, rather than trying to fit in by being something that I'm not."

  • Government set to bring buy-now pay-later firms under FCA regulation

    October 17, 2024

    The Treasury is set to unveil its plans for buy-now pay-later rules tomorrow in a move that could end years of uncertainty surrounding the regulation of the sector, City AM has learned.

  • Payment fraud is becoming more sophisticated, creating new vulnerabilities for organisations

    October 17, 2024  |  Sponsored

    Author: Tim Forster, Strategic Partner Manager, Financial Messaging at Finastra  In the digital age, security is a top priority for corporates and financial institutions. As payments become increasingly more sophisticated, so too do fraud attempts, particularly as payments are increasingly operating in real-time. The operational characteristics of instant payments (fast, irrevocable, simultaneous clearing and settlement) [...]

  • UK fintech stars warn capital gains tax hike could force them to relocate

    October 16, 2024

    Prominent UK fintech founders have warned the new government that hiking capital gains tax risks forcing them out of the country, with nearly half already mulling relocation.

  • Klarna grows UK network by a third in buy-now pay-later boom

    October 15, 2024

    Klarna said its network of UK merchants has grown by roughly a third over the last year in a sign of booming demand for buy-now pay-later services among British consumers.

  • Wise doubles down on growth outlook after boom in customers

    October 15, 2024

    Payments fintech firm Wise has doubled down on its guidance for the year today after a jump in customers using its platform over the summer. In a trading update on its second quarter, the London-listed fintech reported a 23 per cent rise in users compared to the same period last year, bringing its total active [...]

  • Revolut named in more police fraud reports than any UK bank last year

    October 14, 2024

    Revolut was named in more police fraud reports than any UK bank last year, new data has revealed, as the fintech prepares to launch as a fully-fledged lender in its home market.

  • Revolut takes on Square and SumUp with payment terminal for larger businesses

    October 14, 2024

    Fintech giant Revolut is stepping up its challenge to the likes of Square and SumUp with a new payment terminal for larger businesses and retailers.

  • Monzo set for £4.5bn valuation in employee share sale

    October 10, 2024

    Monzo is launching a secondary share sale that is set to value the digital challenger bank at £4.5bn, City AM has learned.

  • Zilch books quarterly profit and readies hiring spree as IPO looms

    October 10, 2024

    Buy-now pay-later provider Zilch is planning to double staff numbers over the next 18 months after booking its first quarterly profit ahead of a much-anticipated IPO.

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