Paypoint starts £20m share buyback scheme after profit jumps June 13, 2024 Paypoint announced plans to start a three year buyback programme reflecting the "strong cash generative nature of the Group" as well as confidence in the firm's continued growth prospects in the years to come.
Wise: Fintech’s shares crater as it forecasts slower income growth June 13, 2024 Money transfer firm Wise's shares have cratered after it forecast a slowdown in income growth this year, as the boost it received from historic interest rate hikes dies down.
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires June 12, 2024 The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.
Starling Bank posts third annual profit ahead of expected London listing June 12, 2024 Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
Vianet slashes debt as demand for customer data continues to rise June 11, 2024 Drinks and vending data specialist Vianet is continuing to claw its way out of debt following substantial disruption to its market during the Covid-19 pandemic and into the cost of living crisis.
Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
Square Mile and Me – The Bank of London CEO Anthony Watson: It’s still revolutionary to be visibly gay in banking June 6, 2024 Anthony Watson, CEO of The Bank of London, tells us why the City still has a long way to go to improve LGBT inclusivity.
Wise among best fintech stocks in global top 25, broker says June 4, 2024 Wise is among the best names in a group of top 25 global fintech stocks, according to a leading broker, as the money transfer firm is expected to post strong growth this year.
Monzo boss aims to grow bank ‘several times’ bigger ahead of expected listing June 3, 2024 The chief executive of Monzo has said it is still "too early" to talk about the digital bank's IPO ambitions as he focuses on growing the business "several times" bigger and expanding overseas.
Monzo posts first annual profit as digital bank targets European expansion June 3, 2024 Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.