Exclusive: Laybuy up for sale after turbulent time on public markets April 16, 2024 Buy-now pay-later firm Laybuy has put itself up for sale and is hunting for potential buyers following a turbulent few years on the public markets, City A.M. can reveal.
Equals: Payments fintech doubles annual profit and eyes up further growth with M&A April 16, 2024 Payments fintech group Equals has more than doubled its annual profit on the back of rapid growth and international expansion.
Plus500 expects to outperform market expectations after strong start to 2024 April 16, 2024 The London-Israeli firm saw a 13 per cent jump in new customers compared to the same quarter last year, although the number of active customers dipped two per cent.
Revolut UK chief: New York threatening London’s ‘supremacy’ in fintech April 15, 2024 London is at risk of losing its fintech “supremacy” to New York, the UK boss of Revolut has said, as the city boasts a plethora of top talent and the depth of its capital markets will tempt companies looking to IPO.
Fintech boards lack AI skills needed to drive future growth, survey finds April 15, 2024 Company boards of the UK’s top fintechs lack the necessary skills and experience in artificial intelligence, a new survey has suggested, which could hold back future growth for these firms.
Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market April 15, 2024 Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.
How the UK can lead the world in fintech April 15, 2024 Fintech is evolving and the UK stands to be at the forefront of that innovation, but only if we uphold the highest possible international standards, says Michael Mainelli The fintech landscape has not only transformed over the last few years, but the industry has also transformed the whole of the UK’s financial and professional services [...]
London fintech vacancies rise 88 per cent as banks look to stay ahead of curve April 8, 2024 London is known for its global fintech hub status, with success stories in the sector including Monzo and Starling.
Bunq becomes first EU neobank to report annual profit after surge in users and interest rate boost April 4, 2024 Dutch mobile banking firm Bunq has become the first EU neobank to report an annual profit as it gears up to re-enter the UK market and mulls an IPO.
Unleashing The Future Of Finance: IFGS 2024 Beckons April 3, 2024 The UK has long been celebrated as a global leader in FinTech and financial innovation. 8 out of every 10 adults in the UK are currently using at least one FinTech tool on a regular basis; nearly 60% of all SME lending across the UK is being done by FinTechs and alternative lenders; and the [...]