The UK
fintech sector has reclaimed its position as the most funded startup sector in
the country, raising an impressive $1.4 billion across 73 rounds in...
The new UK
boss of Revolut Ltd., Francesca Carlesi, has warned that London's position as a
global fintech hub is at risk due to increased competition...
Monzo has
announced a €397 million ($400 million) funding round led by CapitalG, Google’s
independent growth fund. The UK's largest digital bank, with over 9 million
customers,...
The Finnish
financial technology company Enfuce Financial Services has secured an
Electronic Money Institution (EMI) license from the UK's Financial Conduct
Authority (FCA). The regulatory approval enables...
Fintech
startups in the United States and the United Kingdom saw funding decline
significantly in 2023 compared to the previous year, according to the newest
report by...
In a
significant development for the UK's post-Brexit financial landscape,
Worldline, the French-based payments processor, has received Payment
Institution Authorization from the Financial Conduct Authority (FCA). This...
HSBC Reports Surge in
After-Tax ProfitHSBC
reported a significant increase in its after-tax profit, which came in at $6.26
billion for the quarter ending in September, marking...
Two UK fintech companies, Starling Bank and Thought Machine, are
exploring the possibility of going public in moves that could strengthen
London's reputation as an international...
Revolut has entered into an agreement with its largest investor, SoftBank, to simplify the fintech's ownership structure, paving the obstacles towards obtaining a banking...
The financial
services provider, Mastercard and Saxo Bank have announced a strategic
partnership aimed at revolutionizing the way customers manage their investment
accounts through open banking technology....
Investments in the UK’s fintech sector have plummeted by 57% between 2022 and 2023. According to a new study, however, regulating the crypto currency...
