Klarna’s UK chief on looming regulation – and why it might not settle the buy-now pay-later debate April 20, 2023 Klarna's UK chief talks a regulatory crackdown - and why the debate around buy-now pay-later products may continue
Link set to pay out £235m to investors burnt by Woodford fund collapse April 20, 2023 The manager of Neil Woodford’s collapsed investment fund is set to pay £235m to burnt investors after striking an agreement with the Financial Conduct Authority.
Fintech Plus500 sees earnings double as London listed firm pushes on with US expansion April 19, 2023 Fintech firm Plus500 reported a surge in revenues to start the year today as it continued to push into the US and boost the amount of retail traders on its platform.
Liontrust: Investors pull £2bn in three months – but pre tax profits set to beat expectations April 19, 2023 Asset manager Liontrust said it had been a “challenging” year today as it reported heavy outflows in the final quarter of the year and a tumble in its managed assets.
Top fund management group launches in London after ‘attack’ from US regulators April 19, 2023 A major US fund management body has announced a push into the UK today as its members come “under attack” in the US and look to capitalise on a more friendly regulatory environment.
Asset manager Liontrust in talks to buy Swiss rival GAM April 18, 2023 London-listed asset manager Liontrust is in talks to snap up its Swiss rival GAM Holding, the firms confirmed today.
Coinbase HQ move to London could happen in the future, CEO says April 18, 2023 The chief executive of cryptocurrency exchange platform Coinbase said today that switching its headquarters to the UK was “on the table” if the regulatory regime does not improve in the US. In response to a question asking whether the firm could move its headquarters to the UK, chief executive Brian Armstrong replied saying “anything is [...]
Wise misses estimates as currency volatility slows cash transfers overseas April 18, 2023 Money transfer fintech Wise reported a slump in the amount of cash sent on its platform for a second consecutive quarter today as a cost of living squeeze and currency fluctuations unsettled customers. The London-listed fintech missed analyst estimates as the volume of money transferred per customer dropped four per cent on the previous quarter, [...]
Aviva injects £150m into VC arm as it commits to funding more tech start ups April 17, 2023 Aviva has pumped a fresh £150m into its venture capital arm today as it looks to buck a funding slowdown and invest in firms that will add to its “customer journey”.
How can fintech close its gender pay gap? Top chiefs say regulation could be key April 17, 2023 Regulators should step in to help narrow a gender pay gap in the fintech sector or female leaders will continue to be shut out from top jobs, some of the UK’s top female fintech chiefs have warned.
