Block, previously known as Square, is positioned to enhance its presence in the digital payments landscape, despite notable stock market fluctuations. Under the stewardship of Jack Dorsey, the company has
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Hiroki Takeuchi, chief executive of GoCardless, is set to receive a significant payout following the sale of the payments company to Dutch competitor Mollie. The transaction, valued at approximately £920
Revolut has come under renewed regulatory examination following revelations that its billionaire chief executive Nik Storonsky has shifted his residency from the United Kingdom to the United Arab Emirates. The
Revolut has solidified its status as a leader in Britain’s financial technology sector following a share sale that valued the company at seventy five billion dollars. This valuation marks a
Curve, the London-based payments technology company once projected for a multibillion valuation, has been acquired by Lloyds Banking Group for £120 million. The sale draws a sharp contrast with previous
Monzo has encountered mounting tension among its investors following the unexpected resignation of chief executive TS Anil last month. Shareholders at the digital bank expressed surprise over Anil’s swift exit,
Nikolay Storonsky, billionaire chief executive of Revolut and one of Britain’s wealthiest entrepreneurs, has moved his residency from London to the United Arab Emirates, underlining mounting concerns about an exodus
Revolut, the rapidly expanding fintech powerhouse, is reportedly considering an historic dual listing in both New York and London, signalling a significant boost for the City and an evolution in
Revolut has announced plans to invest £3 billion in the United Kingdom over the next five years, as the fintech leader intensifies its pursuit of a full banking licence. Chief
Valereum Plc has announced a strategic partnership with DigiShares and ZIGChain to create an institutional-grade real-world asset tokenization platform, targeting the rapidly expanding $24 billion RWA market with initial focus on MENA and Latin American regions.
Monzo, the digital banking powerhouse, is venturing beyond finance by considering the launch of a Monzo-branded mobile phone service. In talks with leading mobile operators, Monzo aims to offer an
The relationship between the UK government and the Bank of England has taken a fresh turn as Governor Andrew Bailey stepped in to block a planned meeting between Chancellor Rachel
A high profile dispute has erupted at Wise the cross border payments group formerly known as Transferwise as co founders Kristo Kaarmann and Taavet Hinrikus exchange accusations over a contentious
Digital challenger bank Monzo has been slapped with a £21 million fine by the Financial Conduct Authority (FCA) after its verification systems allowed customers to open accounts using patently absurd
In a significant boost for the City of London, Norwegian software powerhouse Visma has provisionally selected the UK capital for its anticipated public listing, favouring it over Amsterdam. The €19
A prominent shareholder in Wise, the money-transfer company formerly known as TransferWise, has expressed discontent over the firm’s decision to move its primary stock market listing from London to New
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