Lendinvest taps Barclays, HSBC and BNP for £300m financing October 21, 2024 Lendinvest has renewed a £300m financing deal with Barclays, HSBC and France’s BNP Paribas as the property fintech looks to return to profitability. The AIM-listed firm said the revolving warehouse financing agreement, shared equally between the three banks, had been extended for an additional three years on what it called improved terms. LendInvest said the [...]
I built a fintech giant with no formal qualifications — now I own a football club October 21, 2024 “I started to knock that back and then I started to actually see the power of being a woman and of being who I am, rather than trying to fit in by being something that I'm not."
Government set to bring buy-now pay-later firms under FCA regulation October 17, 2024 The Treasury is set to unveil its plans for buy-now pay-later rules tomorrow in a move that could end years of uncertainty surrounding the regulation of the sector, City AM has learned.
UK fintech stars warn capital gains tax hike could force them to relocate October 16, 2024 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.
Klarna grows UK network by a third in buy-now pay-later boom October 15, 2024 Klarna said its network of UK merchants has grown by roughly a third over the last year in a sign of booming demand for buy-now pay-later services among British consumers.
Wise doubles down on growth outlook after boom in customers October 15, 2024 Payments fintech firm Wise has doubled down on its guidance for the year today after a jump in customers using its platform over the summer. In a trading update on its second quarter, the London-listed fintech reported a 23 per cent rise in users compared to the same period last year, bringing its total active [...]
Revolut named in more police fraud reports than any UK bank last year October 14, 2024 Revolut was named in more police fraud reports than any UK bank last year, new data has revealed, as the fintech prepares to launch as a fully-fledged lender in its home market.
Revolut takes on Square and SumUp with payment terminal for larger businesses October 14, 2024 Fintech giant Revolut is stepping up its challenge to the likes of Square and SumUp with a new payment terminal for larger businesses and retailers.
Monzo set for £4.5bn valuation in employee share sale October 10, 2024 Monzo is launching a secondary share sale that is set to value the digital challenger bank at £4.5bn, City AM has learned.
Zilch books quarterly profit and readies hiring spree as IPO looms October 10, 2024 Buy-now pay-later provider Zilch is planning to double staff numbers over the next 18 months after booking its first quarterly profit ahead of a much-anticipated IPO.