Exclusive: Starling’s top investor withdraws support for London IPO Fintech 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 Fintech 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 Fintech 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 [...]
Monzo snaps up UK mortgage broker in first major acquisition December 16, 2025 UK fintech Monzo has made its first major acquisition with a deal to snap up a digital mortgage broker in a bid bulk up its “all-in-one” superapp. The digital bank announced on Friday it had snapped up Habito, a fintech firm which uses tech to accelerate the home-buying process with free online advice. The deal [...]