Klarna’s IPO success could lure fintechs away from London September 10, 2025 By Oscar McDonald Swedish buy-now-pay-later giant Klarna has teed up its second attempt at an IPO, with the eyes of the fintech world set on its New York debut. The company’s valuation has been on a rollercoaster ride over the past three years, peaking at £33.6bn in July 2021 before plummeting to £4.95bn a year [...]
The Beauty Tech Group set for £350m London float September 8, 2025 The owner of beauty technology firm CurrentBody is to float on the London Stock Exchange in a move which could value it at as much as £350m. The Beauty Tech Group, which also owns ZIIP Beauty and Tria Laser, unveiled plans to list on the London stock market to “take the business to the next [...]
Revolut deepens Google Cloud partnership amid ambitious growth plans September 4, 2025 Revolut has announced an expanded partnership with Google Cloud, aiming to scale its services to over 100m customers while enhancing product innovation through AI and machine learning. The fintech giant, which currently serves over 60 million users globally, will leverage Google’s infrastructure to improve back-end operations, fraud detection, and personalised customer experiences. Revolut will harness [...]
Klarna confirms second hit at New York listing in snub to London September 2, 2025 Swedish fintech unicorn Klarna has launched its second hit at a listing on the New York Stock Exchange after its initial attempt was derailed by President Donald Trump’s tariff onslaught. The buy now, pay later giant said its IPO price is expected to be between $35 and $37 per ordinary share and hopes to raise [...]
Revolut boss set for bumper payday as valuation swells to $75bn September 2, 2025 The boss of Revolut is set for a bumper payday as the fintech juggernaut kicks off a secondary share sale valuing the firm at $75bn (£55.9bn). London-based staff will be able to sell up to 20 per cent of their stake in the digital bank, Bloomberg first reported. Shares will be valued at $1,381.06 (£1,029). [...]
Wise mulls UK banking licence after ditching London listing September 1, 2025 Money transfer firm Wise is looking into a UK banking license following the fintech ditching its primary listing on the London stock market earlier this year. The company has reached out to financial services heavyweights in the last two months regarding roles related to starting a banking business in the UK, according to The Times. [...]
Saxo nets bumper profit after surge in customers August 28, 2025 Saxo posted an adjusted net profit of DKK515m (£59.5m) for the first half of 2025, up from DKK508m. The company notched a new record of 1.4 million end clients as of June 30. Client assets reached DKK877bn, after a surge in new and existing client funding. The adjusted total income for the first half of [...]
Microsoft negotiations threaten to delay OpenAI’s restructuring August 27, 2025 OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]
Prudential: FTSE 100 insurer pledges $5bn in shareholder returns August 27, 2025 FTSE 100 insurer Prudential said it had reached its “inflection point” on Wednesday after growing profit and kicking off a hefty program of returns of investors. The firm recorded a six per cent increase in adjusted operating profit before tax to $1.6bn (£1.2bn). Life weighted premium income, which indicates the volume of new business, increased [...]
Applied Nutrition beats expectations with double-digit growth August 19, 2025 Protein shake maker Applied Nutrition has exceeded the guidance it gave at its IPO, with revenue up a quarter in the last year. The health and wellness brand, which listed on the London Stock Exchange last October, gave a provisional estimate of its full-year earnings on Tuesday morning. Group revenue for the year ended July [...]