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      Musk’s X suffers third outage of the year as thousands report issues

      LONDON, ENGLAND - JULY 24: A photo illustration of the new Twitter logo on July 24, 2023 in London, England. Elon Musk has revealed today a new logo for Twitter, which constitutes the letter 'X' as part of a rebrand of the company. (Photo Illustration by Dan Kitwood/Getty Images)

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foreign exchange (FX)

  • Travelex hires former William Hill CEO as new boss

    Business

    Foreign exchange company Travelex has hired a former chief executive of betting giant William Hill as its new boss. Philip Bowcock has been named to the role, effective immediately, and has succeeded Richard Wazacz who has served as CEO for the last three years. Bowcock led William Hill for over three years until September 2019, [...]

    Philip Bowcock has been named as the new CEO of Travelex.
  • CAB Payments turns to New York to revive fortunes

    Markets

    The London fintech behind the “worst IPO of the year” in 2023 is seeking to revive its fortunes with an expansion to New York after it secured a licence to operate in the US. CAB Payments told markets on Wednesday that it has received approvals from the Federal Reserve and The New York State Department [...]

    Law firms are rushing to merge with New York firms in the hopes of building a 'Global Elite' firm
  • Wise: Fintech’s shares pop as swelling customer base boosts profit

    Fintech

    Wise has posted a surge in profit as the money transfer fintech benefited from a swelling customer base and made investments to reduce prices.

    Money transfer firm Wise dealt a crushing blow to the London Stock Exchange on Thursday, after announcing plans to transfer its primary listing to the US.
  • Currensea: Travel card fintech targets overseas growth after bumper summer

    October 22, 2024

    Travel debit card start-up Currensea is targeting overseas markets for its next phase of growth after a rebound in holiday demand helped the fintech grow its user base by a third this summer.

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