UK fintech stars warn capital gains tax hike could force them to relocate Fintech Prominent UK fintech founders have warned the new government that hiking capital gains tax risks forcing them out of the country, with nearly half already mulling relocation.
The Ambition A.M. Accelerator: How are fintechs changing the entrepreneurship space? Entrepreneurship The Ambition A.M. Accelerator programme is a chance for founders and budding entrepreneurs alike to discuss important themes and topics each month while also having a chance to meet and learn from prominent figures in the community.
UK economy: ‘No one has any clue what’s going to happen,’ says boss of Britain’s fastest-growing business Entrepreneurship The chief executive of Britain's fastest-growing company has warned that poor access to finance for small firms risks hamstringing the UK's economic growth, as business owners already struggle with "really high uncertainity in the world".
Allica Bank chief bets on rapid growth to force improvement in SME finance May 9, 2024 Allica only launched in 2020 but has already become a certified fintech darling. It was named by Deloitte as the UK’s fastest-growing fintech last year and in April posted its first annual profit of £16.1m.
Allica Bank: Fintech darling reports first annual profit as loan book swells to £2bn April 22, 2024 Allica Bank has reported its first annual profit since launching in 2020, with its revenue more than doubling on the back of bumper lending growth, a surge in deposits and a boost from higher interest rates.