The Bank of London founder steps down as chief executive September 3, 2024 The Bank of London has announced that Anthony Watson is stepping down as chief executive eight years after founding the firm.
Zilch: London fintech unicorn hits monthly operating profit ahead of planned listing September 3, 2024 Zilch has reported its first month of operating profit four years after launching, as the fintech unicorn made progress on its financial targets ahead of a much-anticipated stock market listing.
CAB Payments partners with Visa to boost emerging markets service August 29, 2024 Fintech CAB Payments has struck a deal with Visa designed to boost its services across emerging markets.
Klarna swings to adjusted profit in first half of 2024 ahead of planned listing August 27, 2024 Klarna swung to an adjusted profit in the first half of 2024 as the buy-now pay-later giant makes progress on its bottom line ahead of a planned stock market listing.
Oaknorth: London challenger bank readies for US expansion as New York office authorised August 27, 2024 Oaknorth has received regulatory approval to open a representative office in New York, paving the way for the digital challenger bank to expand further into the US market ahead of a potential stock market listing.
The Ambition A.M. Accelerator: How are fintechs changing the entrepreneurship space? August 23, 2024 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.
Eckoh: Payments software firm discloses bid from private equity firm August 22, 2024 Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]
Value of Molten Ventures’ stake in Revolut more than doubles after employee share sale August 21, 2024 Molten Ventures said the value of its stake in Revolut has more than doubled after the British fintech secured a $45bn (£34.9bn) valuation in a share sale by employees.
Flagstone doubles assets under administration as UK savers chase better rates August 19, 2024 Flagstone has more than doubled its assets under administration in 18 months as the fintech savings platform cashes in on UK savers chasing better interest rates.
Exclusive: Criminals eye windfall from UK regulator’s controversial fraud refund plan August 16, 2024 Criminals are making plans to exploit incoming fraud refund rules from the UK payments regulator, City A.M. has learnt, as banks and fintechs warn of harm to consumers if the measures come into force unaltered.