Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
Square Mile and Me – The Bank of London CEO Anthony Watson: It’s still revolutionary to be visibly gay in banking June 6, 2024 Anthony Watson, CEO of The Bank of London, tells us why the City still has a long way to go to improve LGBT inclusivity.
Wise among best fintech stocks in global top 25, broker says June 4, 2024 Wise is among the best names in a group of top 25 global fintech stocks, according to a leading broker, as the money transfer firm is expected to post strong growth this year.
Monzo boss aims to grow bank ‘several times’ bigger ahead of expected listing June 3, 2024 The chief executive of Monzo has said it is still "too early" to talk about the digital bank's IPO ambitions as he focuses on growing the business "several times" bigger and expanding overseas.
Monzo posts first annual profit as digital bank targets European expansion June 3, 2024 Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.
Iwoca mulls bigger loans and international expansion amid surge in demand June 3, 2024 Online credit provider Iwoca is looking at raising the size of its loans and expanding into a new country on the back of a surge in demand for small business funding from alternative lenders.
London fintech Curve to launch Apple Pay rival that could save banks ‘millions’ May 30, 2024 Currently, banks and financial institutions incur significant fees for transactions processed through Apple Pay.
Software Circle snaps up tech firm Be The Brand Experience in £3.5m deal May 30, 2024 Software Circle, a London-listed technology company with a reputation for snapping up smaller firms, has added digital assets manager Be The Brand Experience to its growing list of acquisitions.
London retains title as tech capital of the world as Oxford and Cambridge close in on New York May 30, 2024 A closely-watched league table has once again named London the tech capital of the world, while Oxford and Cambridge are closing in on New York.
Funding Circle: Fintech to cut 120 jobs as finance chief steps down May 29, 2024 Small business lender Funding Circle plans to cut around 120 jobs as part of efforts to reduce costs and boost its flagging share price. It also announced the departure of its finance chief.