Flagstone boss: Labour tax changes the biggest driver of savers choosing cash over stocks and shares Money Britain’s unpredictable tax landscape means households are choosing to build up war chests of cash over other assets like stocks and bonds, the boss of Britain’s largest savings platform has said in a blow to government efforts to boost retail investing. Flagstone chief executive Arman Tahmassebi said his clients were adding to their cash savings [...]
Flagstone doubles assets under administration as UK savers chase better rates Banking Flagstone has more than doubled its assets under administration in 18 months as the fintech savings platform cashes in on UK savers chasing better interest rates.
London fintech Flagstone notches £108m US private equity funding as it eyes international expansion Fintech UK fintech savings platform Flagstone has landed £108m funding from US private equity firm Estancia Capital Partners as it looks to tackle savings inertia and ramp up international expansion.