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Fintech

  • Revolut to ‘aggressively’ double down on business accounts after surge in revenue

    September 4, 2024

    The head of Revolut's business-to-business offering has said it is "aggressively doubling down" on the market, after the unit's global revenues exceeded $500m (£380m) this summer.

  • CAB Payments posts slump in profit as currency shifts drag down earnings

    September 4, 2024

    Fintech CAB Payments has reported a slump in profit for first half of 2024 as currency shifts continued to weigh on its earnings.

  • The Bank of London founder steps down as chief executive

    September 3, 2024

    The Bank of London has announced that Anthony Watson is stepping down as chief executive eight years after founding the firm.

  • Zilch: London fintech unicorn hits monthly operating profit ahead of planned listing

    September 3, 2024

    Zilch has reported its first month of operating profit four years after launching, as the fintech unicorn made progress on its financial targets ahead of a much-anticipated stock market listing.

  • CAB Payments partners with Visa to boost emerging markets service

    August 29, 2024

    Fintech CAB Payments has struck a deal with Visa designed to boost its services across emerging markets.

  • Klarna swings to adjusted profit in first half of 2024 ahead of planned listing

    August 27, 2024

    Klarna swung to an adjusted profit in the first half of 2024 as the buy-now pay-later giant makes progress on its bottom line ahead of a planned stock market listing.

  • Oaknorth: London challenger bank readies for US expansion as New York office authorised

    August 27, 2024

    Oaknorth has received regulatory approval to open a representative office in New York, paving the way for the digital challenger bank to expand further into the US market ahead of a potential stock market listing.

  • The Ambition A.M. Accelerator: How are fintechs changing the entrepreneurship space?

    August 23, 2024

    The Ambition A.M. Accelerator programme is a chance for founders and budding entrepreneurs alike to discuss important themes and topics each month while also having a chance to meet and learn from prominent figures in the community.

  • UK economy: ‘No one has any clue what’s going to happen,’ says boss of Britain’s fastest-growing business

    August 23, 2024

    The chief executive of Britain's fastest-growing company has warned that poor access to finance for small firms risks hamstringing the UK's economic growth, as business owners already struggle with "really high uncertainity in the world".

  • Eckoh: Payments software firm discloses bid from private equity firm

    August 22, 2024

    Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]

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