All the updated news related to fintech

All the news related to fintech updated in real time

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City

Wise lifts income forecast as it reaps benefits of higher interest rates

Money transfer and payments platform Wise has lifted its full-year profit expectations after enjoying a surge in income from higher interest rates. The fintech company said its net interest income – an important measure showing the difference ...

17 Jan 2023 at 09:09

City

City minister pledges fintech transformation with nationwide census

The City minister has stressed the Government “will not rest on our laurels” in transforming financial services in the UK as he unveiled a new census aiming to reach all of the nation’s fintech firms. Andrew Griffith, speaking at the ...

17 Apr 2023 at 13:43

City

Starling Bank names Ovo boss as new chief executive

Starling Bank has appointed the boss of Ovo as its new chief executive, after founder Anne Boden stepped down from the role last year. Raman Bhatia will take over as group chief executive from John Mountain, who took over on an ...

12 Mar 2024 at 15:00

Business

Student scholarship available as fintech company launches search for new talent

Northern Ireland students are being encouraged to explore the vast career opportunities in the innovative and lucrative world of fintech, after the UK government identified the sector as a key area for future economic growth. ...

09 Feb 2025 at 14:33

City

Revolut hikes fees and widens access to apps from ClassPass to Tinder Gold

Revolut has upped the fees of its premium plans as some paying members gain access to subscriptions for a range of apps from ClassPass to Tinder. The financial platform said it is the first time it has changed the prices of ...

14 Nov 2023 at 09:04

City

Revolut secures UK banking licence after three-year wait

Revolut has secured a UK banking licence, marking the end of the fintech giant’s three-year wait for approval to operate as a bank in its home market. A licence means the company will be able to hold customer deposits, and ...

25 Jul 2024 at 14:25

City

Revolut swings to yearly loss as boss stays ‘committed’ to UK banking licence

Banking app Revolut revealed it swung to a loss last year as it stood by longstanding hopes of securing a UK banking licence. The fintech company had cheered its first profitable year in 2021 after cashing in on a rise in ...

22 Dec 2023 at 14:17

City

Funding Circle sells US business for £33m amid cost-cutting drive

Small business lender Funding Circle has sold its loss-making US arm for £33 million as part of an attempt to simplify the company and stem mounting losses. Funding Circle said it will offload the unit to Florida-based ...

25 Jun 2024 at 11:03

City

Revolut cheers first full year of profit as UK banking licence ‘imminent’

Banking app Revolut has hailed its first profitable year after benefiting from a post-pandemic digital boom and a growth in crypto trading. The company, which is the UK’s most valuable fintech, published its ...

01 Mar 2023 at 11:18

City

Revolut profit tops £1bn as UK bank to launch this year

Revolut has revealed its annual profits have topped £1 billion, as the fast-growing fintech cashed in on demand for cryptocurrency trading and attracted more paying subscribers. The company, which has ...

24 Apr 2025 at 13:36

Investments in UK tech sector will create hundreds of jobs, says Government

Hundreds of jobs are set to be created across the UK as part of a raft of investments in the technology sector, the Government has announced. It comes as Science and Technology Secretary Peter Kyle ...

10 Jun 2025 at 11:47

Personal Finance

Reeves sets out sweeping reforms to financial sector in search for growth

Rachel Reeves has set out sweeping reforms to the UK’s finance industry in the hope of delivering much-needed economic growth. The Chancellor hopes the drive to cut red tape and increase ...

15 Jul 2025 at 12:00

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