Lopay: SumUp rival eyes profitability this year ahead of Europe and US expansion June 18, 2024 London payments start-up Lopay expects to hit profitability in 2024, less than three years after launching, ahead of taking its challenge to bigger rivals like SumUp to new markets in Europe and North America.
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.
Meet Volt, the London fintech taking on Visa and Mastercard’s duopoly April 29, 2024 For six decades, the global payments industry has been dominated by Visa and Mastercard. In the UK, the two firms had 99 per cent market share of UK debit and credit card payments in 2021.
Wise: London darling feels benefit of higher interest rates on bottom line April 16, 2024 Cross-border volumes for all customers rose 14 per cent to over £30bn with "strong growth" in the smaller personal volume.