Monzo, Open AI, Revolut and Klarna: The IPOs to watch out for in 2025 January 3, 2025 While economic uncertainty prompted a cautious approach to IPOs in 2025, several high-profile companies are preparing to float in 2025. From leading fintechs such as Monzo, Revolut, and Klarna to global giants such as OpenAI and SpaceX, some of the most exciting growth companies in recent years could IPO this year. Here is a look [...]
Revolut investors cash in with $1bn share sale December 16, 2024 Backers of Revolut have offloaded just shy of $1bn worth of stock in the neobank in just four months, after it extended its secondary share sale for the second time earlier this month. The investors, which largely comprise staff, venture capital backers and crowdfunding round participants, have looked to cash in on parts of their [...]
Revolut, Interactive Investor and Abcam: Britain’s venture capital success stories December 6, 2024 This week, Revolut made headlines when it emerged that early investors in the fintech had been offered an opportunity to cash out with returns of up to 400 times their initial investment. The news arrived in the same week venture capital trusts celebrated their 30th anniversary of backing British startups. Revolut used crowdfunding rather than [...]
Revolut adds ex-Lord Mayor and KPMG veteran to UK board ahead of bank launch December 6, 2024 Revolut has appointed a former Lord Mayor of London and Big Four veteran to its UK board as the fintech giant prepares to launch as a fully-fledged bank in its home market. The London-based banking company added Fiona Fry and Peter Estlin as non-executive directors while it works through the mobilisation period for its UK [...]
Revolut crowdfunders in line for 400 times return on investment December 5, 2024 Some of Revolut’s earliest investors are in line for 400 times returns after taking a punt on a fledgling fintech that has grown into a banking titan. The British start-up’s early backers, including participants in two crowdfunding rounds, have been offered the chance to sell down their holdings in a secondary share sale. Brokered by [...]
Barclays, Natwest and Revolut: Top bankers chew the fat at City summit December 3, 2024 Executives, investors and even royalty turned out for the first day of Financial Times’ annual Global Banking Summit in London on Tuesday.
Revolut boss says London IPO is ‘not rational’ December 3, 2024 Revolut’s chief executive Nik Storonsky has said it is “not rational” for Europe’s most valuable fintech start-up to publicly list in London, dealing a blow the new government’s plans to boost the stock market. Storonsky said the London-based banking company would consider a public debut “sooner or later” to raise cash and return money to [...]
Revolut crowdfunders to cash in on extended secondary share sale December 2, 2024 Some of Revolut’s earliest investors will be offered the chance to cash in on the fintech giant’s latest secondary share sale in a move that has staved off potential legal action, City AM can reveal. The British banking company has opened up the next phase of its sale to early stage investors, including those holding [...]
The Capitalist: Charli XCX headlines Revolut jamboree; oucho for Groucho; and Reeves jeered in the City November 28, 2024 Revolut hires Charli XCX for private festival, Groucho shuts its doors and more; catch up on the latest City gossip in The Capitalist.
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.