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      This is why the City’s fintech IPO boom hasn’t happened yet

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revolut

  • UK fintech investment hits lowest since pandemic despite Revolut boost

    February 11, 2026

    Investment into the UK’s fintech sector tumbled to a five-year low in 2025 even after a major boost from industry juggernaut Revolut. UK fintech received just shy of $11bn (£8bn) in investment in 2025, falling a fifth from the $13.4bn notched the year prior, according to new figures from KPMG. A hefty chunk of the [...]

  • Exclusive: Starling’s top investor withdraws support for London IPO

    February 4, 2026

    Starling’s elusive billionaire backer has gone cold on his ambition for the digital bank to list in London, City AM can reveal, in a move that will heighten fears of the fintech heading to New York for its highly-anticipated IPO. Harald McPike had lobbied for the group to launch its initial public offering in London [...]

  • Fintech growth sparks London hiring spree

    January 28, 2026

    Fintech firms drove a hefty increase in hiring in the financial sector last year, a new report from City recruiter Morgan McKinley shows.  Across the financial sector, the number of listed vacancies rose 13 per cent compared to the previous year despite continued inflationary pressures and lingering economic uncertainty.  Fintech hiring surged 29 per cent [...]

  • Fintechs should avoid ‘trap’ of early IPO, warns top London VC investor

    January 26, 2026

    Fintech firms considering joining the public markets should avoid the “trap” of floating too early or risk “disaster”, a top London venture capital investor has warned. Speaking at an Innovate Finance panel discussion chaired by City AM, James Codling, managing partner of VC firm Volution, said fintechs must make sure they “get to the right [...]

  • Did NBA in London prove to brands European basketball is viable?

    January 21, 2026

    During one of the timeouts at the London NBA match between Orlando Magic and the Memphis Grizzlies, two fans played a game of tic-tac-toe. Only instead of noughts and crosses, the playing pieces were two basketball-themed Revolut cards. Onlookers shouldn’t have been surprised; sponsors rarely get the chance to show off to a London audience [...]

  • Revolut, Mastercard, Visa lose legal battle on card fees cap

    January 15, 2026

    Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on card fees for overseas transactions. The trio of payment giants brought a judicial review to the High Court following a decision by the Payment Systems Regulator (PSR) in December 2024, confirming that it would consult on the [...]

  • England cricket fans rivalled players’ drinking during Ashes, data reveals

    January 15, 2026

    The England cricket team’s alcohol consumption on the ill-fated recent Ashes tour may have grabbed the headlines but new data reveals their supporters matched them drink for drink. Figures collated by Revolut and shared with City AM show that spending in Australian bars, nightclubs, restaurants and other venues by British visitors and expats reached £6.9m [...]

  • UK fintech stamps its authority on Europe but faces global threats

    January 8, 2026

    The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]

  • Legacy banks must ‘radically modernise’ or lose to fintech stars, says former Barclays boss

    January 1, 2026

    A decade ago, Antony Jenkins was ousted from his role as chief executive of Barclays and months later warned the banking sector was reaching an “Uber moment”. Jenkins declared technology would be an “unstoppable force” in the banking sector and could lead to hundreds of branch closures and potentially slash the industry’s workforce by half. [...]

  • The London IPOs to look out for in 2026

    December 26, 2025

    The year 2025 will not, it is safe to say, go down in history as a blockbuster one for London IPOs. Over its first nine months, the UK capital’s bourse was even languishing below its of Omani and Mexican counterparts when it came to capital raised at market debuts. We can take some consolation from [...]

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