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Fintech

  • Labour pledges to ’embrace’ fintech in bid to deliver £330bn boost

    July 10, 2024

    Rachel Reeves' Treasury has pledged to "embrace" the fintech sector today after a trade body said the industry could bolster the government's coffers to the tune of £330bn over the next five years.

  • FTSE 100 today: London markets set for muted open amid sparse economic calendar

    July 9, 2024

    Asian markets mirrored Wall Street's rise, with gold prices edging up. All eyes are on Federal Reserve Chair Jerome Powell's testimony.

  • FTSE 100 today: London markets brace for caution amid French election deadlock

    July 8, 2024

    Asian markets mixed, euro fell amid France election gridlock. Focus on UK GDP, Wall Street earnings, Fed Chair Powell's testimony, and US CPI.

  • FTSE 100 today: London markets set to open higher as Labour seen winning 

    July 5, 2024

    Asian stocks hit record highs; pound steady post-Labour win, gold traded higher; investors eye US jobs data.

  • Fintel pays Abrdn £14.6m for Threesixty amid acquisition spree

    July 3, 2024

    SimplyBiz parent company Fintel has completed its purchase of Threesixty Services from asset manager Abrdn in the AIM-listed firm's latest acquisition.

  • Equals: Payments fintech notches jump in revenue ahead of potential takeover

    July 3, 2024

    AIM-listed fintech Equals has notched a jump in revenue for the first half of 2024, helped by "strong growth" in its solutions platform, as it readies for a possible takeover offer.

  • Revolut keeps ‘open mind’ on possible IPO venue as it hints at listing plans

    July 2, 2024

    The chair of Revolut has said the fintech would “keep an open mind” on a potential listing venue as its latest results hinted at plans for a much-anticipated IPO.

  • Revolut books record profit on higher interest rates and surge in users

    July 2, 2024

    A major boost to Revolut's profitability would come from a UK banking licence, allowing it to offer products like mortgages and credit cards in its home market - where it recently hit nine million customers.

  • FTSE 100 today: London markets to open lower on weak Asian cues, focus on elections

    July 2, 2024

    Asian markets mixed amid Trump re-election speculation, yen near 38-year low; Eyes on French election deadline and US Jolts.

  • Currensea: Travel card fintech smashes crowdfunding target in just four hours

    July 1, 2024

    London fintech Currensea has smashed its online crowdfunding target after just four hours as the travel debit card company looks to pounce on a rebound in demand for overseas holidays.

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