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      Bailey warns AI may not ‘live up’ to market hype

      Andrew Bailey, Governor of the Bank of England, in a suit and tie, looking thoughtful during a press conference.

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Fintech

  • Bunq mulls London IPO as European neobank plots Monzo and Revolut UK challenge

    January 30, 2024

    European fintech and neobank Bunq has applied for a UK electronic money institution (EMI) licence as it looks to capture market share from the likes of Revolut and Monzo ahead of a potential IPO.

  • Climate tech and AI set to drive rebound in UK venture capital investment

    January 10, 2024

    UK venture capital investment is set to recover in 2024, according to HSBC, after turning a corner in the second half of last year thanks to a boom in early-stage investing.

  • Fintech firms face ‘growing skills gap’ in 2024, warns top chief

    December 28, 2023

    The UK’s fintech sector faces a “growing gap” in talent next year as the demand for digital skills continues to outstrip supply, a top industry chief has warned.

  • The four fintech unicorns the UK created in 2024

    December 27, 2023

    At £14.58bn, total funding remains higher than in both 2019 and 2020, but far below levels seen over the last two years. Funding for UK tech hit a high of £32.48bn in 2021.

  • Five areas of tech which will dominate 2024: From climate to blockchain

    December 23, 2023

    Investors will also be closely watching government regulation against the misuse of AI.

  • HSBC to boost UK tech growth lending fund by £100m

    December 20, 2023

    HSBC will increase the size of its Growth Lending fund by £100m to £350m.

  • UK fintech group IEC floats on London Stock Exchange’s AIM rival Aquis

    December 14, 2023

    A UK fintech group has listed on the Aquis stock exchange in a boon to the City after a year of its public markets being starved of listings.

  • Open banking experts say current technology is just ‘tip of the iceberg’

    December 5, 2023

    Open banking is at a critical junction and the UK must capitalise on the head-start it already has, according to two industry experts.

  • One of the UK’s fastest growing fintechs says it will outpace Starling soon

    December 4, 2023

    Some 10 months into the launch of digital bank Kroo, the founder reckons it will achieve profitability twice the speed of Starling Bank.

  • Zopa and Tide given valuation boost by investor Augmentum

    November 28, 2023

    Listed fintech fund Augmentum has bumped up the valuation of its portfolio this year in a sign that values are beginning to stabilise after a sharp slump over the past two years.

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